Manhattan District Attorney’s Office probes FTX collapse: Report
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11.
Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report
It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties.
SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse
Although it was quickly overshadowed by more dramatic events, the LBRY case is a rare instance of a crypto-related unregistered securities complaint going to court.
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.
Binance creates industry recovery fund to help projects struggling with liquidity
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify.
CZ and Saylor urge for crypto self-custody amid increasing uncertainty
Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power.
How to build a Bitcoin Beach: Advice from the pros
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world.
Hong Kong to avoid FTX-like scenario through transparency and supervision
Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual asset industry in Hong Kong.
Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot.
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