Cointelegraph

⁠Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ p…

⁠The blockchain trilemma: Can it ever be tackled? Is blockchain a dead technology without the trilemma being solved? Is there light at the end of the tunnel?

⁠Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NB…

⁠Zodia Custody launches service to protect users’ crypto from exchange insolvency The new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges.

​​Security in crypto comes from liquidity or the lessons we learned after FTX FTX is down, but what are the lessons for the crypto community? Read on to find out. (Ad)

⁠Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit Helio protocol had a total value locked of approx. $90 million before the incident.

⁠Mazar says users' BTC reserves on Binance are fully collateralized The scope of the AUP was limited to users' BTC holdings on Binance.

⁠Into the storm: The murky world of cryptocurrency mixers A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.

⁠Was the fall of FTX really crypto’s ‘Lehman moment?’ Lehman Brothers’ 2008 collapse nearly brought the world financial system to its knees. Does FTX really compare? Are such analogies even useful?

⁠Proactive sanctions can help spare the ecosystem: Chainalysis exec Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.

⁠Institutional investors still eye crypto despite the FTX collapse Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November.

⁠Bank of Russia wants to ban miners from selling crypto to Russians The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.

⁠BTC price hits new December low as Bitcoin dips 2% with Asia stocks Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day.

⁠Japan recommends against algorithmic backing in stablecoins The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoi…

⁠Decentraland launches virtual property renting for LAND owners The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace…

⁠Report outlines reasons why stakeholders are against CBDC The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.”

⁠US lawmakers want State Department to justify crypto rewards and disclose payouts The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it's mor…

Gate.io pledges $100M to revive crypto and rebuild investor confidence With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto busin…

⁠3AC subpoenas issued as dispute grows over claims of Terraform dump The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.

⁠Nifty News: Winamp adds NFT support, Atari gets physical and more Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law.

⁠Blockstream raising funds for mining at 70% lower company valuation CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.

⁠Iran set to freeze bank accounts of women who refuse to wear a hijab Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs.

⁠Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not…

⁠Crypto will be regulated as securities — ICE boss and Senator Warren Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thi…

⁠Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions.

⁠Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mi…

⁠Fan tokens struggle to hold on as World Cup quarter-finals draw nearer Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.