‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Crypto exchange FTX collapsed spectacularly into bankruptcy last week as trust in its accounting for billions of dollars in...
Ethereum Software Firm ConsenSys Launches Ethereum Climate Platform
ConsenSys, an Ethereum-software firm that helped engineer the Merge, is launching the Ethereum Climate Platform (ECP) at COP27’s UN...
Post-FTX Meltdown, Regulation-Abiding Companies Can Restore Trust
Only just a few weeks ago, it seemed like the crypto universe had found a new sense of calm...
JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto
One way of measuring investors' exodus from the crypto ecosystem is the shrinkage of the stablecoin market, JPMorgan said...
Crypto Will Soon Threaten Global Financial Stability, FSB Official Says
Recent market turmoil has given the Financial Stability Board (FSB) “all the more reason” to develop a globally consistent...
Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
There are signs that “serious fraud and mismanagement” occurred at crypto exchange FTX, according to court filings made by...
Temasek Says Its FTX Investment Is Now Worth Zero
Singapore's state investment fund Temasek has written off its entire investment in FTX, saying that its overall exposure to...
First Mover Asia: Bitcoin Sinks Amid Crypto’s Latest Debacle
Good morning. Here’s what’s happening: Prices: Bitcoin and other cryptos sank after the lending arm of crypto investment bank...
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
The U.S. Congress will officially be split between the two major parties after results from the Nov. 8 election...
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
Retail and institutional investors weren’t the only ones to get rug pulled by FTX’s swift and stunning collapse last...
Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the U.S.
The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd...
Have Crypto Markets Reached Bottom?
While the recent spike in price volatility is subsiding, don’t expect institutions to re-enter crypto markets with any force...
Crypto Market Slides After Genesis Withdrawal Halt, and Big Investors Hunt for Bargains
Digital assets extended losses on Wednesday after the crypto financial firm Genesis announced that it was temporarily suspending redemptions...
Market Makers Were Wary of FTX Before Collapse
The collapse of crypto exchange FTX has inflicted losses far and wide in the industry. The surrounding market turbulence...
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes...
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Rep. Tom Emmer (R-Minn.), who Republicans have picked for a key leadership role in the next Congress, dismissed policymakers’...