Russian bill would legalize crypto mining, sales under ‘experimental legal regime’The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.Nov 18, 2022Derek Andersen
$138B investment manager Man Group to launch crypto hedge fund: Report Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.Nov 18, 2022Sam Bourgi
Banks still show interest in digital assets and DeFi amid market chaos Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.Nov 18, 2022Rachel Wolfson
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — AnalysisBTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market.Nov 18, 2022William Suberg
Designing the metaverse: Location, location, location“People imagine this as a second life… in the virtual world, people can have a better virtual house than others.”Nov 18, 2022Elias Ahonen
Crypto self-custody a ‘fundamental human right’ but not risk-free: CommunityEthereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.Nov 18, 2022Ezra Reguerra
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.Nov 18, 2022Savannah Fortis
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do nextBItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.Nov 18, 2022William Suberg
Bitstamp gets a crypto license from the Bank of SpainThe EU-based exchange became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country.Nov 18, 2022David Attlee
FTX meltdown triggers FINRA into probing crypto commsThe examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.Nov 18, 2022Prashant Jha
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hackA rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.Nov 18, 2022Ezra Reguerra
Nifty News: Celebs lose big on BAYC, Meghan and Harry building a metaverse and more.Celebrities are facing huge losses on their Bored Apes bought during the NFT peak, but big names like Sony and Adidas are pushing further into the industry.Nov 18, 2022Luke Huigsloot
Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partnerKPMG Futures said the goal is to build multi-million dollar business opportunities for the firm through the use of metaverse technologies by 2025.Nov 18, 2022Brayden Lindrea
Twitter closes offices, staff resign while users eye decentralized optionsTwitter employees are not the only ones ditching the platform as users flock to a decentralized alternative.Nov 18, 2022Martin Young
Crypto scammers are using black market identities to avoid detection: CertiKThe blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.Nov 18, 2022Jesse Coghlan
Bahamian securities regulator ordered the transfer of FTX’s digital assetsThe Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.Nov 18, 2022Brayden Lindrea
FTX names Kroll as claims agent, to update users on bankruptcy developmentsClaims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.Nov 18, 2022Luke Huigsloot
FTX’s downfall resulted from the market acting as ‘judge, jury and executioner’ — PomplianoThe crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses.Nov 18, 2022Derek Andersen
FTX will be the last giant to fall this cycle: Hedge fund co-founderThis bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager and now FTX, but the worst is likely over, a hedge fund executive suggests.Nov 17, 2022Felix Ng
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTXTwo crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses.Nov 17, 2022Derek Andersen
Here’s how the CFTC could prevent the next FTXThe Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future.Nov 17, 2022Brendan Cochrane
Jump Crypto denies rumors that it intends to wind down due to FTX lossesAccording to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”Nov 17, 2022Judith BannermanQuist
$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16KBears are better positioned for Friday’s $600 million BTC options expiry, but bulls can flip the tables if Bitcoin price trades above $18,000.Nov 17, 2022Marcel Pechman
FTX and Alameda likely colluded from the very beginning: ReportResearchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX.Nov 17, 2022Zhiyuan Sun
Fed paper looks at theoretical role of remuneration, convenience in CBDC designThe discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements.Nov 17, 2022Derek Andersen
CME Bitcoin futures trade at a discount, but is that a good or a bad thing? CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price?Nov 17, 2022Marcel Pechman
Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses.Nov 17, 2022William Suberg
3 reasons why the FTX fiasco is bullish for BitcoinThe FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence.Nov 17, 2022Yashu Gola
Could Hong Kong really become China’s proxy in crypto? With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.Nov 17, 2022David Attlee
Australian firm raises $28M to expand Bitcoin mining capabilitiesThe Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.Nov 17, 2022Savannah Fortis