Bahamian liquidators reject validity of FTX’s US bankruptcy filing
The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the...
Day: November 16, 2022
Sam Bankman-Fried says he regrets filing for bankruptcy: Report
The former CEO had a wide-ranging interview in which he made a number of startling remarks. The former CEO of...
Esports team TSM suspends $210M sponsorship deal with FTX
TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX. Professional esports...
FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets
The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO...
FTX just imploded, and Jack Dorsey wants to talk about the next stage for crypto?
People need time to catch up before Jack Dorsey tries to launch the next generation of the internet. It's barely...
SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna...
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published...
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims...
Tether says it has no exposure to Genesis Global or Gemini Earn
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has...
Tom Brady and other celebrities named in class-action lawsuit against FTX
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. Former FTX CEO...
Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage
"I was on the cover of every magazine, and FTX was the darling of Silicon Valley," said the former CEO...
Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15
An image of the sandals worn by Steve Jobs was minted as a nonfungible token and sold for over $200,000....
DeFi platforms see profits amid FTX collapse and CEX exodus
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency....
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
Back was one of the few people cited in the original Bitcoin whitepaper. Ever since his childhood years, Adam Back,...
