Cointelegraph

🚨Meta (formerly known as Facebook) fires 11,000 employees. React with 👍 if this will not have an effect on the market. React with 👎 if this will negatively impact the market.

⁠Alameda Research FTT token transfer from September fuels wild speculations According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract,…

⁠Binance tops up SAFU fund at $1 billion amid price fluctuations Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages…

⁠Stefan Berger explains the reason behind the delay in MiCA voting One of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.”

⁠FTX-Binance standoff highlights the need for clear rules, says Sen. Lummis Market manipulation, lending activity, and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address…

⁠Tether, Circle and Coinbase deny having exposure to FTX and Alameda Coinbase CEO Brian Armstrong said that the recent FTX and Alameda debacle was a result of risky practices such as the misuse of user funds.

⁠How to pay your bills with cryptocurrency? If you are one of those who think crypto has no use for daily payments, you need to read this.

⁠FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

⁠Middle East, Asia and Africa blockchain association launches in Abu Dhabi A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com…

⁠SBF tumbles off Bloomberg's billionaire index after trouble at FTX Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87.

⁠Bored Apes founders propose new model for NFT creator royalties The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within…

⁠Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.

⁠Binance Proof-of-Reserve pledge gains support following FTX crisis The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.

⁠Binance CEO shares 'two big lessons' after FTX's liquidity crunch CZ took to Twitter on Nov. 8 sharing "two big lessons" that crypto companies should learn amid the downfall of crypto exchange FTX.

⁠Why is Bitcoin price down today? Bitcoin price is down, trading at a new yearly low, but what are the primary reasons behind the most recent decline?

⁠Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance The two showed up to talk about the big merger news in crypto on a Twitch podcast.