Cointelegraph

⁠Tether says it has no exposure to Genesis Global or Gemini Earn The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with trans…

⁠Tom Brady and other celebrities named in class action lawsuit against FTX Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.

⁠Sam Bankman-Fried updates investors: 'We got overconfident and careless,' claims $13B leverage "I was on the cover of every magazine, and FTX was the darling of Silicon Valley," said the former CEO on the crypto firm's…

⁠DeFi platforms see profits amid FTX collapse and CEX exodus On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency.

⁠Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15 An image of the sandals worn by Steve Jobs was minted as a nonfungible token and sold for over $200,000.

⁠Blockstream CEO Adam Back talks Bitcoin over a game of Jenga Back was one of the few people cited in the original Bitcoin whitepaper.

⁠Bybit releases reserve wallet addresses amid calls for transparency The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange.

⁠Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about froze…

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⁠Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried' The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital ass…

⁠Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC The latest casualty of the FTX meltdown raises concerns over institutional investment fund, the Grayscale Bitcoin Trust (GBTC).

⁠FTX collapse was a 'dumpster fire', says US lawmaker announcing investigative hearing "There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patr…

After the rough week crypto had, will we see Bitcoin hit a new all-time high in 2023? React with 👍 if you think so React with 👎 if you don't think so

⁠27,000 requests last year: Collaboration key for Binance’s Investigations team Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related cr…

⁠Breaking: Crypto lender Genesis Global halts withdrawals The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

⁠How are ‘lite’ versions of crypto apps helping adoption? Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem.

⁠Abu Dhabi grants Binance financial services permission, economist hits out UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of regulatory approvals for t…

⁠zkSync developer Matter Labs raises $200M, commits to open-sourcing platform Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain.

⁠US reportedly considering Bankman-Fried extradition for questioning Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States.

⁠FTX crisis could extend crypto winter to the end of 2023: Report The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda.

⁠Island nation turns to metaverse to preserve its disappearing heritage The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.

⁠UAE regulator adopts blockchain to speed up commercial judgments ADGM Courts aims to "massively transform the delivery of judicial services," said CEO Linda Fitz-Alan while introducing blockchain technology for commerci…

⁠Tim Draper still positive on $250K Bitcoin price prediction in 2023 The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized, and FTX was not, Tim Draper said.

⁠US national crypto laws should look like New York's, says state regulator The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legi…

⁠Solana entities sold 50M tokens to FTX — How long will SOL price suffer? Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028.

⁠FDIC to prioritize crypto risk assessment as banks perform poorly in Q2 With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks…

⁠Circle marks a possible $3B loss from Binance stablecoin conversions Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.

⁠FTX hacker is now the 35th largest holder of ETH The exploiter's Ethereum haul is worth an estimated $288 million at current market prices.

⁠FTX Australia's license suspended as 30K Aussies left in the lurch Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bank…