Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a […]
More than $380 million in crypto left FTX and FTX US wallets late Friday. Source link
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and […]
Crypto lender BlockFi has paused withdrawals, saying it cannot conduct business normally in the wake of FTX’s collapse. The move comes even though two days ago Chief Operating Officer Flori Marquez said that BlockFi was […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX […]
CoinDesk played a central role in this week’s FTX meltdown, following our coverage of Alameda Research’s suspect balance sheet last week. But the crypto industry’s maturation and eventual success requires that we flesh out these […]
Bitcoiners certainly take up a few unapologetic, uncompromising stances. Tomer Strolight, editor in chief at Swan Bitcoin, has argued that bitcoin maximalists’ perceived toxicity is really just principled opposition. When maximalists criticize centralized crypto exchanges, […]
GameStop customers who have FTX gift cards will be given refunds. Source link
“BlockFi’s announcement, made on November 10, 2022, from its Twitter account @BlockFi, acknowledged that it cannot ‘operate business as usual’ given the ‘lack of clarity on the status of FTX.com, FTX US and Alameda.’ The […]
Sollet Bitcoin (soBTC), a so-called “wrapped” asset supposedly backed 1-to-1 with bitcoin, plummeted $10,000 at around 2:00 p.m. Eastern Standard Time, according to DeFi protocol Raydium. It had already spent much of the day trading […]
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