Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next…
Month: November 2022
Ethereum Climate Platform launches to address the network’s prior PoW emissions
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate…
Trust Wallet launches browser extension, integrates with Binance Pay and Coinbase Pay
The new browser extension lets users store, send and receive crypto across all EVM chains…
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to…
NFT rides shotgun as Red Bull Racing closes out F1 season
Red Bull Racing will close out a successful Formula 1 season with an NFT emblazoned…
Tremors from FTX’s collapse reverberate through the scientific community
With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also…
6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly…
Australia Suspends Financial Services License of Local FTX Entity
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto…
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The…
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value…
Ether staking withdrawal schedule removal faces harsh criticism
Twitter users called out the removal of the ETH staking timeframe and with one describing…
Aussie treasurer promises crypto regulation next year amid FTX debacle
A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from…
No red flags at FTX despite 8 months of ‘extensive due diligence:’ Temasek
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s…
Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary…
Bahamian liquidators reject validity of FTX’s US bankruptcy filing
The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to…
