Crypto News

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Today’s Top Crypto News, Friday December 2nd

Today’s Top Crypto News, Friday December 2nd •Bitcoin Slips as US Economy Added a Strong 263K Jobs in November– CoinDesk “The unemployment rate was unchanged at 3.7%.” •Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price– CoinTelegraph “Bitcoin miners are upping sales, but BTC price metrics

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Today’s Top Crypto News, Thursday December 1st

Today’s Top Crypto News, Thursday December 1st •Crypto Lenders’ Woes Worsen as Bitcoin Miners Struggle to Repay Debt– Bloomberg “Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they weather the aftermath of the FTX collapse.” •Compass Mining Launches Bitcoin Miner Protection Plan– CoinDesk “On Monday, GMX

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Today’s Top Crypto News, Wednesday November 30th

Today’s Top Crypto News, Wednesday November 30th •First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease– CoinDesk “ALSO: Sam Reynolds writes that most of Grayscale’s digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.”

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Today’s Top Crypto News, Tuesday November 29th

Today’s Top Crypto News, Tuesday November 29th •Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K– CoinTelegraph “BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.” •First Mover Americas: BlockFi the Latest Chapter (11) in FTX Saga– CoinDesk “Crypto lender

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Today’s Top Crypto News, Monday November 28th

Today’s Top Crypto News, Monday November 28th •FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says– CoinDesk “Rostin Behnam, the agency’s chairman, did say FTX executives met frequently with the regulator.” •Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit– CoinTelegraph “A few weeks ago,

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Today’s Top Crypto News, Wednesday November 23rd

Today’s Top Crypto News, Wednesday November 23rd •‘Dot-Com Era On Steroids’—Here’s How Bad The $2.2 Trillion Bitcoin And Crypto FTX Price Crash Could Get– Forbes “Bitcoin and cryptocurrencies have been plunged into chaos after the implosion of major crypto exchange FTX—with the U.S. president leading calls for game-changing, global crypto

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Today’s Top Crypto News, Tuesday November 22nd

Today’s Top Crypto News, Tuesday November 22nd •Bitcoin Miner Core Scientific Has Lost $1.7 Billion This Year– Bloomberg “Core Scientific Inc., the largest US publicly-traded Bitcoin mining company in terms of computing power, said its loss for the first nine months of the year climbed to over $1.7 billion.” •Cathie

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Today’s Top Crypto News, Monday November 21st

Today’s Top Crypto News, Monday November 21st •Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto– CoinDesk “High bond yields are reflective of sharply higher interest rates as well as genuine skepticism about the long-term viability of crypto amongst institutional investors, one investor said.” •Bitcoin mining difficulty

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Today’s Top Crypto News, Friday November 18th

Today’s Top Crypto News, Friday November 18th •‘A Complete Failure of Corporate Controls’: What Investors and Accountants Missed in FTX’s Audits – CoinDesk “An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.”

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Today’s Top Crypto News, Thursday November 17th

Today’s Top Crypto News, Thursday November 17th •Binance to Relaunch Bid for Bankrupt Crypto Lender Voyager– CoinDesk “The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance.” •‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship– CoinTelegraph “Binance’s CEO reflects on

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Today’s Top Crypto News, Wednesday November 16th

Today’s Top Crypto News, Wednesday November 16th •Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse– CoinDesk “The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.”

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Today’s Top Crypto News, Tuesday November 15th

Today’s Top Crypto News, Tuesday November 15th •FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder– CoinDesk “Funds were converted to DAI stablecoins and bridged to the Ethereum network.” •Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout– CoinDesk “FTX founder Sam Bankman-Fried was

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Today’s Top Crypto News, Monday November 14th

Today’s Top Crypto News, Monday November 14th •After Bitcoin’s Worst Week in 5 Months, Here’s What Crypto Analysts Are Saying– CoinDesk “A roundup of commentary on how digital-asset market analysts see the next few months unfolding.” •Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin

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What Happened to FTX & Sam Bankman-Fried?

The former CEO of FTX has officially stepped down following a crypto-crisis that sent his net worth plunging, from $16B to $0. The ex-billionaire is now being grilled by Congress over his involvement in the crypto-conundrum.

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Today’s Top Crypto News, Friday November 11th

Today’s Top Crypto News, Friday November 11th •FTX Files for Bankruptcy Protections in US; CEO Bankman-Fried Resigns– CoinDesk “Crypto exchange announced it had “liquidity” issues earlier this week.” •Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011 – CoinDesk “A Bitcoin whale has moved 3,500 BTC to new wallets

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Today’s Top Crypto News, Thursday November 10th

Today’s Top Crypto News, Thursday November 10th •Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request– CoinDesk “The stablecoin lost its $1 peg earlier on Thursday.” •Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers’ Funds Are ‘Fine’ – CoinDesk “The trading company’s owner tweeted the news

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Today’s Top Crypto News, Wednesday November 9th

Today’s Top Crypto News, Wednesday November 9th •Binance CEO Zhao Says Planned FTX Acquisition Is Not a ‘Win for Us’FTX-Binance standoff highlights the need for clear rules — Sen. Lummis– CoinDesk “Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX’s tokens

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Today’s Top Crypto News, Tuesday November 8th

Today’s Top Crypto News, Tuesday November 8th •FTX stops processing client withdrawals after deposit run – report– Investing(dot)com “Cryptocurrency exchange FTX has suspended client withdrawals after suffering a massive run by its depositors, The Block reported on Tuesday citing its own blockchain analysis.” •FTX Token Plummets as Market Fears Possible

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