Cointelegraph

⁠Breaking: FTX founder Sam Bankman-Fried arrested and in custody: Attorney General A statement from the Attorney General of The Bahamas was made on Dec. 12.

⁠13% of Americans have now held crypto: JPMorgan research The JPMorgan report is based on a study of cash transfers from banks to crypto accounts for over 5 million customers.

⁠Brazil could cement its status as an economic leader thanks to 2024 CBDC move Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in S…

⁠FTX was an 'utter failure of corporate controls at every level of an organization', says CEO Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing…

⁠$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: report To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FT…

⁠Coinbase report shows dramatic increase in law enforcement enquiries worldwide The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three Eu…

⁠Argo Blockchain reports insufficient funds, 'no assurance' it can avoid Chapter 11 bankruptcy According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the…

⁠SBF misses the Senate hearing but promises to testify to the House: Law Decoded Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.

⁠Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run t…

⁠Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitc…

⁠NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto…

⁠Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the t…

⁠SushiSwap CEO reveals DEX lost $30M on LP incentives this year "Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey.

⁠Hackers copied Mango Markets attacker's methods to exploit Lodestar: CertiK The attacker made close to $6.9 million in profits and left users with a pile of bad debt.

⁠NFT project blocks Chinese Twitter comments citing the need for 'North American expansion' NFT artist SHHAN previously told users to "switch to English" in the community chat, which went largely unfollowed.

⁠7 important tips for crisis management in your organization We’re not always in a position to predict when a crisis will strike, especially in the volatile tech and crypto spaces. But that doesn’t mean we can’t prepare…

⁠US DOJ split over charging Binance in the 2018 AML investigation: Report Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nat…

⁠Bybit joins trend, releases Merkle Tree-verified proof of reserves The Dubai-based exchange released its reserve wallet addresses shortly after the FTX fiasco began, and now it launched a verification system for users t…

⁠Industry execs voice confidence in DeFi adoption despite security flaws 1inch Network co-founder Anton Bukov believes that recent events in the centralized finance space have highlighted the importance of DeFi.

⁠Bitcoin Lightning Network to be used in fiat transfers between EU and Africa CoinCorner and Bitnob teamed up to create cross-border transactions between the UK and Europe to Africa via the Bitcoin Lightning Network.

⁠Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided wit…

⁠Arthur Hayes: Bitcoin bottomed as 'everyone who could go bankrupt has gone bankrupt' Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out o…

⁠US senator calls on SEC's Gensler to answer for 'regulatory failures' Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy.

⁠NFT market held back by oversupply, greed and bad projects: Gary Vee The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creat…

⁠Bank of England opens applications for 'proof of concept' CBDC wallet The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

⁠Crypto spam bots go silent while Musk promises to prosecute scammers Some users in the crypto Twitter space are already reporting a reduction in the number of scam bots after Elon Musk’s latest changes to the social med…

⁠SBF wants to start a new business, officially added as hearing witness With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them al…

⁠Terra co-founder Do Kwon hiding out in Serbia, says authorities South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea.