Regulation
SEC gets more support in XRP lawsuit against Ripple
Three more companies and organizations have requested to weigh in on the ongoing lawsuit the SEC filed in 2020 against Ripple.
Timmy Shen
Forkast
Regulation
Three more companies and organizations have requested to weigh in on the ongoing lawsuit the SEC filed in 2020 against Ripple.
Timmy Shen
Regulation
The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
Danny Park
Crypto Trading and Strategies
Sam Bankman-Fried says FTX US is insulated from FTX.com's liquidity crunch, but the American-based platform could freeze trading in the next few days.
Dylan Butts
Regulation
US regulators want to know more about what Binance discovered when it took a look at FTX's books, and then canceled a bailout deal.
Ningwei Qin
Regulation
The state of California has launched an investigation into the 'apparent failure' of crypto asset platform FTX.
Danny Park
Bitcoin News
Bitcoin rose on Friday in Asia along with Ether and most other major tokens, reversing a three-day slump as the Consumer Price Index (CPI) released Thursday showed inflation in the U.S. slowed in October.
Lachlan Keller
Regulation
The Securities Commission of the Bahamas has frozen assets of FTX and related parties, and has suspended its registration.
Danny Park
Bitcoin News
Sam Bankman-Fried sent his first series of tweets since Binance announced and then scrapped an offer to buy his cash-strapped cryptocurrency exchange. He apologized, acknowledged mistakes and said he will do right by FTX users.
Lachlan Keller
Regulation
FTX Japan was ordered by the country’s Financial Services Agency (FSA) to suspend operations until Dec. 9 and put together a “business improvement plan.”
Zoltan Vardai
Crypto Trading and Strategies
There are not many white knight investors that are large enough to bail out the embattled crypto exchange, industry insiders say.
Timmy Shen
Bitcoin News
Bitcoin gained 5% after the U.S. Bureau of Labor Statistics reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in October from September. CPI was up 7.7% from a year earlier, less than the expected 7.9%, and down from 8.2% in September. October’s CPI recorded the smallest 12-month increase since January.
Pradipta Mukherjee
Crypto Trading and Strategies
A portion of the bailout package worth at least US$4 billion that FTX's Sam Bankman-Fried sent to Alameda Research was allegedly comprised of customer funds.
Zoltan Vardai
Crypto Trading and Strategies
Over 5.2 billion stablecoins left crypto exchanges on Wednesday, the most in five months, on-chain data showed.
Timmy Shen
Regulation
The FTX.com unraveling has prompted crypto industry leaders to demand clearer rules of the road for trading digital assets.
Pradipta Mukherjee
Bitcoin News
Venture capital firm Sequoia Capital has written down its entire US$213.5 million investment in FTX, the company revealed in a tweet on Thursday.
Oisin Mcilroy
Crypto Trading and Strategies
Binance may have nixed the deal to bailout rival exchange FTX.com, but it could still gain a big chunk of FTX's business as investors flee the platform.
Dylan Butts
Regulation
US regulators the Department of Justice, the Securities and Exchange Commission and the Commodity Futures Trading Commission are probing beleaguered crypto exchange FTX.
Ningwei Qin
Altcoins
Binance cites due diligence on FTX books for pulling out of a deal to buy FTX.com, sending markets into a tailspin and leaving Bankman-Fried in need of another buyer… fast.
Ningwei Qin
Bitcoin News
Cathie Wood’s Ark Invest seized the opportunity provided by Wednesday’s market downturn to snatch a considerable chunk of Coinbase stock.
Oisin Mcilroy
NFT Marketplaces
The NFT ecosystem is doing better than what selective data would have us believe, writes Long Do of Anomura. But the sector should know that people want more than just a pretty picture.
Long Do