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Cryptocurrency

Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July

Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him.

Chainlink Labs offers Proof of Reserve service for embattled exchanges

The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced.

FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX

According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.

FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for

Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back.

LayerZero Labs bought back its stake from FTX Ventures and Alameda

The protocol announced an agreement that bought out 100% of FTX Ventures and Alameda Research's equity position.

FTX US resigns from the Crypto Council for Innovation

“The news this week has been shocking, but we’ve also seen the community come together," said CCI CEO Sheila Warren.

82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation

The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion. ...

New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified apps

NFTs from Layer 2 were not previously recognizable to apps like Twitter.

Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday

BTC bears are set to profit from this week's $710 million options expiry, which could be used to add further sell pressure to Bitcoin...
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