FTX illustrated why banks need to take over cryptocurrency
Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.
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Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more
The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.”
Singapore police warn investors against FTX phishing scams: Report
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.
I predicted FTX's collapse a month before it happened
There were ample warning signs to tip investors off to problems behind the scenes at FTX.
Decentralization index from Cardano builder, U of Edinburgh will help users understand assets
In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined.
Is DOGE really worth the hype even after Musk’s Twitter buyout?
Though Dogecoin has seen a near 45% rally over the past month, its use cases remain limited, especially given that it can’t interact with smart contracts.
Proof-of-reserves: Can reserve audits avoid another FTX-like moment?
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.
What are soulbound tokens (SBTs) and how do they work?
Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.
Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX 'blip'
Bitcoin price action since FTX "feels like the world has ended," says Stock-to-Flow creator PlanB.
Binance CEO CZ begins working on Vitalik Buterin's ‘safe CEX’ ideas
While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges.
SBF's lawyers terminate FTX representation due to conflicts of interest
Attorney Martin Flumenbaum believed that Sam Bankman-Fried's "incessant and disruptive tweeting" negatively impacted the reorganization efforts of the lawyers.
Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price boom as the World Cup gets underway.
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.
South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.
FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials.
Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.
The fall of FTX and Sam Bankman-Fried might be good for crypto
Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values.
Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
Some companies have resulted in layoffs to deal with their million-dollar losses.
FTX is done — What’s next for Bitcoin, altcoins and crypto in general?
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?
FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.
Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
CFTC Commissioner Mersinger says the time has come for action on crypto regulation
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.
DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens.
Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
Crypto Biz: FTX fallout leaves blood in its wake
Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple.
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.
$138B investment manager Man Group to launch crypto hedge fund: Report
Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.
Banks still show interest in digital assets and DeFi amid market chaos
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — Analysis
BTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market.