Constance Wang criticized the streamer’s portrayal of her former FTX colleagues as not matching her own experience with Sam Bankman-Fried and Caroline Ellison. Former FTX COO Constance Wang said she was upset by the upcoming Netflix drama’s depiction of the collapse of the exchange and its portrayal of some of the top executives. “The first...Continue Reading

Nine other crypto platforms voluntarily restricted app access in Kazakhstan, prompting the regulator to withdraw its claims against them. Kazakhstan’s Astana International Financial Centre court (AIFC) has prohibited six platforms from offering digital-asset services without licenses in its jurisdiction and extended access restrictions to app stores. The Astana Financial Services Authority (AFSA) said Tuesday the...Continue Reading

More than 6 billion XRP reached exchanges tracked by CryptoQuant in the 30 days to Oct. 19, the most since March. XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days. Key points: Read moreContinue Reading

Mt. Gox extended its repayment deadline by another year as some creditors remain unpaid due to incomplete procedures and payment processing issues. Mt. Gox pushed its creditor repayment deadline to October 2027, marking the sixth extension since 2023 as the collapsed crypto exchange continues working to settle outstanding claims.  Rehabilitation trustee Nobuaki Kobayashi said on...Continue Reading

The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator. Crypto exchange Bitget has announced plans to acquire Thailand’s GMO-Z.com Cryptonomics, seeking to expand its Southeast Asia footprint weeks after a major hack impacting its hot and warm wallets.  The proposed transaction involves BTGT Management (Thailand), a company...Continue Reading

JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios. JPMorgan Asset Management projects Bitcoin (BTC) will outperform stocks and gold over the next decade, but cautions that its volatility makes it unsuitable for diversifying portfolios for now. On...Continue Reading

BlackRock’s proposed Bitcoin fund would use options to limit potential losses and gains, adding another strategy to its existing Bitcoin and Ether ETF lineup. BlackRock, the world’s largest asset manager, is looking to expand its crypto fund lineup with a Bitcoin exchange-traded fund (ETF) that offers limited downside protection in exchange for capped gains. The...Continue Reading

In June, Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits and announced plans to focus on consumer finance and AI applications on Base. Sophon has set a Nov. 25 deadline for users to withdraw their assets ahead of its planned mainnet shutdown, following a June announcement that it...Continue Reading

BlackRock’s IBIT led the gains with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows. US spot Bitcoin exchange-traded funds (ETFs) recorded $526.7 million in net inflows on Monday, their largest daily intake in nearly a month, after posting net weekly withdrawals in each of the past...Continue Reading

The restrictions extend earlier bans within US defense and security agencies, amid concerns that DeepSeek could expose federal information to China. The US Department of Homeland Security has ordered the removal of DeepSeek products from federal civilian agency IT systems. The order, filed on Monday, also covers DeepSeek affiliates and third-party products and services developed...Continue Reading