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.
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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.
Crypto self-custody a ‘fundamental human right’ but not risk-free: Community
Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.
Bitstamp gets a crypto license from the Bank of Spain
The EU-based exchange became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country.
FTX meltdown triggers FINRA into probing crypto comms
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.
Nifty News: Celebs lose big on BAYC, Meghan and Harry building a metaverse, and more.
Celebrities are facing huge losses on their Bored Apes bought during the NFT peak, but big names like Sony and Adidas are pushing further into the industry.
Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner
KPMG Futures said the goal is to build multi-million dollar business opportunities for the firm through the use of Metaverse technologies by 2025.
Twitter closes offices, staff resign while users eye decentralized options
Twitter employees are not the only ones ditching the platform as users flock to a decentralized alternative.
Crypto scammers are using black market identities to avoid detection: CertiK
The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.
FTX names Kroll as claims agent, to update users on bankruptcy developments
Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses.
FTX will be the last giant to fall this cycle: Hedge fund co-founder
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests.
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses.
The CFTC could prevent the next FTX with some congressional help
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future.
Jump Crypto denies rumors that it intends to wind down due to FTX losses
According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”