FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theoriesExciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.Nov 10, 2022Derek Andersen
White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTXAccording to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.Nov 10, 2022Turner Wright
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back.Nov 10, 2022Ana Paula Pereira
FTX US announces it may halt trading on its platform in a few daysAccording to the FTX US website, “Withdrawals are and will remain open.”Nov 10, 2022Judith BannermanQuist
Financial group CEO claims he tried to warn Bankman-Fried about insolvency in JulyRichard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him.Nov 10, 2022Tom Blackstone
Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday BTC bears are set to profit from this week’s $710 million options expiry, which could be used to add further sell pressure to Bitcoin price.Nov 10, 2022Marcel Pechman
New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified appsNFTs from layer 2s were not previously recognizable to apps like Twitter.Nov 10, 2022Tom Blackstone
LayerZero Labs bought back its stake from FTX Ventures and AlamedaThe protocol announced an agreement to buy out 100% of FTX Ventures’s and Alameda Research’s equity position.Nov 10, 2022Ana Paula Pereira
FTX US resigns from the Crypto Council for Innovation“The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren.Nov 10, 2022Turner Wright
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion.Nov 10, 2022Sam Bourgi
Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’Minnesota Representative Tom Emmer did not provide any evidence to his claim that Gary Gensler was “helping SBF and FTX work on legal loopholes” but said he was looking into the matter.Nov 10, 2022Turner Wright
The Clearing House stands up for bank rights, opposes CBDC in comments for US TreasuryThe payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets.Nov 10, 2022Derek Andersen
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies The Binance CEO added that the amount of misinformation going around now is “insane.”Nov 10, 2022Judith BannermanQuist
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters.Nov 10, 2022Turner Wright
Breaking: FTX partially resumes withdrawals, blockchain data showsTransactions are leaving the FTX hot wallet at a rate in the single digits per minute.Nov 10, 2022Zhiyuan Sun
Japan’s financial regulator requests FTX Japan halt operationsUnder the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in.Nov 10, 2022Turner Wright
Report: Tether freezes $46M of FTX’s USDT, setting new precedentTether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.Nov 10, 2022Zhiyuan Sun
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar.Nov 10, 2022William Suberg
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.Nov 10, 2022Turner Wright
Maintaining decentralization: Are custody services a threat to DeFi protocols? DeFi ecosystems try to live up to crypto’s decentralized ethos, but single-token governance protocols could prove a challenge.Nov 10, 2022Francisco Rodrigues
Binance shares wallet addresses and activity after proof-of-reserve pledge Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity.Nov 10, 2022Savannah Fortis
Claims and rumors fuel crypto market turmoil amid FTX collapseA report from Reuters claimed that FTX had used some of its customer deposits to support Alameda Research.Nov 10, 2022Ezra Reguerra
Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K reboundTether follows Tron’s USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.Nov 10, 2022William Suberg
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda ResearchWallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar depeg, alleges Tron’s founder.Nov 10, 2022Yashu Gola
Ledger hardware wallets hit by the FTX earthquake — CTOSome Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports.Nov 10, 2022Helen Partz
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.Nov 10, 2022Prashant Jha
Grayscale Bitcoin Trust records a 41% discount amid FTX meltdown On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76.Nov 10, 2022David Attlee
Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highsMiners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low.Nov 10, 2022William Suberg
OpenSea to enforce creator royalties on all collections after community outcry The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.Nov 10, 2022Stephen Katte
Sequoia Capital marks down entire $214M FTX stake to zeroThe venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.Nov 10, 2022Brayden Lindrea