‘I didn’t ever try to commit fraud on anyone,’ former FTX CEO Sam Bankman-Fried says
Bankman-Fried was once CEO of now collapsed crypto platform FTX, before reporting by Coindesk sparked a liquidity crisis and eventual bankruptcy protection filing.
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.
Bitcoin Nearing $17K Despite BlockFi Bankruptcy Filing
DFD Partners President Bilal Little discusses his outlook for bitcoin (BTC) as the cryptocurrency rises toward $17,000 despite ongoing concerns about FTX fallout and macroeconomic uncertainties.
Compound tightens its rules to prevent Aave-like exploit, details inside
Compound DAO had voted unanimously to implement changes in the rules of the protocol This move was motivated by the need to keep the protocol safe after the Aave exploit…
Auros Global defaults on DeFi loan
Algorithmic crypto trading and market-making firm, Auros Global has failed to make payment on its decentralized finance (DeFi) loan. According to M11 credit, the missed payment could be attributed to…
Tezos Co-Founder Kathleen Breitman on FTX Fallout: ‘A Lot of Goodwill Is Gone Now’
Breitman says FTX’s collapse is having a big impact on regulation and deal-making for the crypto industry.
Crypto exchange Kraken to cut about 1,100 global jobs
Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions that have crippled demand for digital assets this…
Blackrock’s Fink says there may have been misbehaviors at FTX
BlackRock’s Chief Executive Larry Fink said on Wednesday that it seems there were some misbehaviors at crypto firm FTX, but that the technology behind crypto is relevant for the future.
Ethereum Surges Higher After Fed’s Powell Signals Possible Ease In Rate Hikes: What’s Going On?
Ethereum (CRYPTO: ETH) was trading over 4% higher on Wednesday heading into Fed Chair Jerome Powell’s Brookings Institution speech. After Powell suggested the central bank could begin easing back on…
Don’t’ believe the hype — Bitcoin price rally to $17K reflects improving sentiment
Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish.
