While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF. A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collapsed exchange’s sister company...Continue Reading

The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US. Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated...Continue Reading

A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report. Up to $40 billion a year (AU$60 billion), could be added to Australia’s national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses according...Continue Reading

It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn. Cryptocurrency exchange CrossTower Inc has agreed to buy digital asset trading platform BEQUANT, which comes after months of window shopping by CrossTower for crypto companies, including a recently revised offer for Voyager Digital’s...Continue Reading

The former FTX CEO has explained why the exchange only reopened withdrawals for Bahamian citizens shortly before filing for bankruptcy. FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users.  In a telephone interview with...Continue Reading

Speculative investing led people to FTX. Now that we’ve seen the consequences, let’s hope they start looking for value-based propositions. The FTX collapse marks more than just the failure of another crypto exchange. It signals the time has come for the industry to grow up and embrace value. The value schism is here.  FTX was...Continue Reading

The disgraced former head of the world’s second-largest cryptocurrency exchange tells his side of the story in candid but occasionally inarticulate interviews. Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time,...Continue Reading

The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022. FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, according to a press release released via its website on Nov....Continue Reading

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator’s probe into protections the firms had in place if a failure similar to FTX’s occurred again. Ron Wyden, chair for the United States Senate Finance Committee, has requested information from six crypto firms on consumer protection following FTX’s liquidity issues and bankruptcy. In...Continue Reading

Taran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian. Russian billionaire Vyacheslav Taran, president of Libertex Group and founder of Forex Club, died Nov. 25 in a helicopter crash in France while en route from Lausanne to Monaco, Switzerland. He was 53....Continue Reading