First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
Good morning. Here’s what’s happening: Prices: Last week's calamitous collapse of the FTX exchange sent crypto markets for their...
All Custodial Crypto Exchanges Should Adopt Proof-of-Reserve Programs, but Even That Isn’t Enough
Last week FTX, once the third-largest crypto exchange by volume, owned and run by founder Sam Bankman-Fried (SBF), went...
Huobi Publishes Asset Transparency Report, Revealing $3.5B in Crypto Holdings
Huobi Global, once China's top crypto exchange, published an asset transparency report on Sunday to reassure users that their...
Bahamas Securities Regulator Says It Didn’t Order FTX to Reopen Local Withdrawals
Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said...
FTX Hack Spooks Solana DeFi Community, Igniting Revolution at Alameda-Controlled Serum DEX
Sam Bankman-Fried once called Project Serum, an on-chain crypto exchange that he created, the “truly, fully trustless” backbone of...
For Coinbase, FTX’s Bankruptcy Has Its Pluses and Minuses
Trading volume on Coinbase plunged roughly 75% in the hours following FTX’s bankruptcy announcement early Friday, according to data...
Elon Musk Reveals Talks With Sam Bankman-Fried: “My Bullshit Meter Was Redlining”
Elon Musk didn’t waste any time jumping into the Twitter fray after an apparent hack of bankrupt crypto lender...
Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse
Bankrupt crypto lender Voyager Digital is ending the deal to sell itself to FTX US after the latter also...
California Finance Regulator Revokes BlockFi’s Lending License
California's Department of Financial Protection and Innovation announced it was moving to suspend BlockFi's lending license Friday as it...
Solana Volatility Returns After FTX Bankruptcy, But What Comes Next?
The Solana blockchain’s SOL token, one of the hardest-hit digital assets this week amid a steep sell-off across crypto...
FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg
FTX's derivatives wing withdrew a proposed plan directly settle crypto derivatives products from the Commodity Futures Trading Commission (CFTC...
FTX US Freezes Crypto Withdrawals, Sending Millions in Assets to Bankruptcy Limbo
FTX US ceased processing withdrawals around midday Friday, per the on-chain data for the exchange’s hot wallet and a...
FTX Employees Worldwide Learned of Bankruptcy Along With the Public
Sam Bankman-Fried’s embattled crypto exchange FTX filed for bankruptcy in the U.S. on Friday – but didn’t inform all...
SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation
The crumbling of crypto exchange FTX and its subsequent bankruptcy filing has brought much negative attention for the crypto...
Ex-Ethereum Miners Token Hop to Stay Alive After the Merge
Only a handful of former Ethereum miners are able to survive in the post-Merge world, and some are making...
Wintermute Ceased Trading and Moved Funds From Crypto Exchange FTX US Before Warning
Sam Bankman-Fried of the suddenly-ailing FTX exchange has insisted repeatedly that FTX US – a U.S.-based crypto exchange –...