Lens
Regulation
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, said he did not know of any improper use of customer funds at his company, in an interview with ABC News.
Timmy Shen
Crypto Trading and Strategies
Bankman-Fried beamed into New York from the Bahamas to give his version of what happened at FTX, mentioning his own failure of oversight and being “frankly surprised” by what was going on at his company’s sister brokerage.
Timmy Shen
Bitcoin News
The collapse of FTX.com and its far-reaching impacts will hinder North Korea’s ability to profit from cryptocurrency hacks, says one analyst.
Danny Park
Altcoins
Hong Kong-based crypto exchange AAX is likely to end operations and restructure, former head of communications, Ben Caselin, told CoinDesk TV on Wednesday.
Dylan Butts
Bitcoin News
U.S.-based crypto exchange Kraken said it will lay off 30% of its global workforce, or approximately 1,100 people, to “adapt to current market conditions.”
Lachlan Keller
Bitcoin News
Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.
Forkast.News
Bitcoin News
Employee accounts of life at Sam Bankman-Fried's flagship cryptocurrency trading arm Alameda Research paint a picture of overworked and inexperienced millennials running a ship headed for the rocks: one seemingly escaped.
Dylan Butts
Altcoins
FTX subsidiary LedgerX is reportedly preparing US$175 million for its parent company's bankruptcy proceedings, according to unnamed sources cited by Bloomberg on Wednesday.
Ningwei Qin
Bitcoin News
Justin Sun says CeFi must adopt DeFi's transparency to regain public trust as 1inch Network cofounder Sergej Kunz sees crypto’s struggles as an opportunity for DeFi.
Zoltan Vardai
Bitcoin News
FTX Trading and its affiliates will resume paying wages to employees globally and to some non-U.S. contractors and service providers
Ningwei Qin
