Cointelegraph

⁠Bitcoin price hits multi-year low at $15.6K, analysts expect further downside BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the mark…

⁠OKX, Kucoin say proof of reserves will be ready in a month Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.

⁠MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money' "With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger.

⁠FTX's Binance rescue deal falls apart in less than 48 hours Binance cited allegations of mishandling of consumer funds and investigation from regulators as reasons for exiting the agreement.

⁠Orthogonal Credit alleged key weaknesses in Alameda's due diligence early in 2022 The firm pushed Maple Finance to halt Alameda's dedicated borrower pool earlier this year.

⁠Alameda Research and FTX Ventures websites go dark Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.

⁠Binance’s victory over FTX means more users moving away from centralized exchanges Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.

⁠NFT trademark filings grow in 2022: Nifty Newsletter, Nov. 2–8 South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC).

⁠Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms? Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control o…

⁠Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging r…

⁠Singapore's Temasek engages with FTX in liquidity crisis Temasek invested in a series of FTX's round findings that led to its $32 billion valuation in January.

⁠Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across t…

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⁠Nexo dodges $219M bullet just days before FTX's solvency crisis The firm withdrew its remaining balance from FTX at the eleventh hour, and topped weekly fund outflows from the troubled exchange.

⁠Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity.

⁠Bitcoin price risks $17K amid claim Binance may reject FTX takeover Further losses come in step with confusion over the future of FTX under Binance, while CPI data looms on the horizon.

⁠In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal “People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with…

​​How DeFi on Bitcoin is changing Web3 Can you run DeFi on Bitcoin? We ask this question and more in an exclusive ask me anything session with DeFiChain. Join us now:

⁠Some central banks have dropped out of the digital currency race There are at least four countries that have either scrapped or halted CBDC plans so far, and each central bank has its own reasoning for not launching one…

⁠Fractional NFTs and what they mean for investing in real-world assets Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets.

​​How DeFi on Bitcoin is changing Web3 Can you run DeFi on Bitcoin? We ask this question and more in an exclusive ask m anything session with DeFiChain later today. Set a reminder for 4 pm UTC:

⁠Not just FTX Token: Solana price nukes 40% along with other 'Sam coins' Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.

⁠MetaMask allows to move tokens on multiple blockchains with new DApp Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said.

⁠Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million.

⁠Meta joins big tech layoffs, lets go of 11,000 employees The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.

⁠Ramp, builder of crypto payment rails, raises $70M The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions.

​​bitsCrunch and Cointelegraph create global alliance to bring NFT data analytics and forensics tools to the masses Cointelegraph and bitsCrunch have entered into a strategic partnership. The partners will unite their ef…

⁠Bitcoin and crypto here to stay despite market turmoil: Community A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming.