Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US,…
Day: 21 November 2022
Iris Energy to cut mining hardware after defaulting on $108M loan
The Australian mining firm has had to unplug hardware that was producing “insufficient cash flow”…
HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme
The HashFlare founders have been charged for their alleged involvement in a crypto fraud and…
US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify
The hearing, titled ‘Why Congress Needs to Act: Lessons Learned from the FTX Collapse’, will…
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its…
Uniswap’s new privacy policy sees backlash from decentralization buffs
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that…
FTX crisis leads to record inflows into short-investment products
The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment…
Genesis denies ‘imminent’ plans to file for bankruptcy
The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the…
On the move: FTX hacker splits nearly $200M in ETH across 12 wallets
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share…
BOE’s Cunliffe says regulation can save crypto from itself and it’s worth the effort
Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi…
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse…
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to…
Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020
The global cryptocurrency market capitalization has dropped below the $800 billion region for the first…
CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March
According to the CEO of CME Group, Terry Duffy, the executive met with former FTX…
Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline
The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence…
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