FTX resumes employee and contractor payments after weeks in limbo
The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda's...
Altcoin News
BlockFi sues FTX’s Bankman-Fried over shares in Robinhood
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part...
From the NY Times to WaPo, the media is fawning over Bankman-Fried
Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder. Nearly three weeks have passed since...
GK8 increases insurance cap on digital assets to $1B
Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance...
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Being three...
Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and...
ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which...
FTX collapse impacts Miami’s nightclub scene: Report
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. The...
Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish
Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was...
Compound Finance to impose lending caps in light of failed Aave exploit
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%. On Nov. 28, users of decentralized finance,...
Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report
"It's net good news for GBTC shareholders and FUD fighting," said Selkis. According to a new Twitter post by Ryan...
US House committee sets Dec. 13 date for FTX hearing
The House event, titled "Investigating the Collapse of FTX," will follow a similar hearing in the Senate Agriculture Committee scheduled...
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken...
MakerDAO community votes against CoinShares’ 500M investment proposal
About 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO’s funds into various traditional assets Decentralized lending...
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week....
