US senators urge Fidelity to drop BTC retirement plan after FTX collapse
U.S. Senators Elizabeth Warren, Dick Durbin and Tina Smith asked Fidelity Investments to rethink its decision to grant retirement plan exposure to Bitcoin.
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FTX alleged hacker is moving funds to dodge authorities: analysts
The alleged hacker behind the theft of hundreds of millions of dollars from the cryptocurrency exchange FTX is moving the funds around to separate wallets.
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Bitcoin price falls to more than two-year low amid growing concerns about FTX fallout
Investors are unnerved by the possibility of more failures among companies linked to the now bankrupt FTX exchange, fearing a repeat of the Terra-Luna stablecoin collapse in May that also brought down other businesses.
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Binance says it will hire 600 by year end, bring total employees to 8,000
The world’s largest crypto exchange seeks to hire 600 more employees by the end of this year, its founder and chief executive officer said.
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Markets: Bitcoin, other tokens add to losses in Asia trading Monday
Bitcoin and Ether extended their losses through late Asian trading on Monday, as did all the top 10 non-stablecoin cryptocurrencies by market capitalization. Dogecoin was the biggest loser.
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SEC gets support from New Sports Economy Institute in XRP lawsuit against Ripple
The U.S. SEC has received support from sports investing group New Sports Economy Institute, which submitted its amicus brief on Friday to weigh in on the ongoing lawsuit between the SEC and Ripple.
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S.Korea examines exchange native tokens after FTX meltdown
S.Korean authorities are looking into self-issued cryptocurrencies that may exist within local exchanges following FTX.com’s FTT-led liquidity crisis.
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FTX owes US$3.1 billion to top 50 unnamed creditors, court filing shows
Collapsed cryptocurrency exchange FTX Trading Ltd. and its affiliates owe their 50 largest creditors about US$3.1 billion, according to a court filing. The creditors were not named.
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Man Group plans crypto hedge fund despite FTX, market turmoil: report
The world’s largest publicly traded hedge fund manager, Man Group Plc, plans to launch a cryptocurrency exclusive fund.