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$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankru...
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds...

FTX Debacle Could Lead to Crypto Legislation ‘Momentum’: Blockchain Association’...
The executive director discusses why the fall of FTX was a “massive setback” for the industry but not the end for crypto, and what likely ha...

Grayscale Bitcoin Trust Discount Reaches Record 50%
The shares have not traded at a premium to bitcoin since last March.

Japan Was the Safest Place to Be an FTX Customer
As regulators look to regulate exchanges in light of the FTX's collapse, they would do well to look to Japan, which has some of the most mat...

How Crypto Can Avoid the Next FTX
Blockchain tech and cryptographic standards like ZK-proofs can help crypto companies and protocols prove they’re solvent – even in times of...

Cryptocurrencies: A Necessary Scam?
Yes, Web3 is a bunch of bullshit. The problem is, compared to what?

Algorand Rises After Italy Selects Blockchain Protocol for Digital Guarantees Pl...
The new platform is expected to become operational in early 2023.

FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US Cour...
U.S. prosecutors revealed a litany of charges against Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, including wire f...

CFTC Plans to Sue Sam Bankman-Fried for Fraud: Report
The report comes after the SEC filed charges against Bankman-Fried for defrauding FTX investors.

Bitcoin Jumps After U.S. CPI Report Shows Slower-Than-Expected November Inflatio...
Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tig...

Crypto Exchange Binance Introduces Payments Service for US Customers
Binance users in the U.S. are now able to use the exchange’s payments system, Binance Pay, to send money on their mobile app.

First Mover Americas: Bankman-Fried Arrested in Bahamas
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 13, 2022. First Mover is CoinDesk’s daily newsletter that con...

DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
The South Korean company intends to use the funds to develop a range of blockchain tools for building decentralized finance applications tha...

Crypto Miner Iris Energy Hit by Class Action Suit
The company failed to disclose that some of its mining equipment was owned through special purpose vehicles, the suit alleges.

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.

Crypto Miner Hut 8 Hires Former IBM Executive as CFO
Canadian bitcoin mining firm Hut 8 (HUT) has hired Shenif Visram as its new chief financial officer (CFO), replacing Shane Downey who leaves...

Bitcoin Hits One-Month High Ahead of US Inflation Data
Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term
Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.

Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse
The country's securities regulatory body will consider enforcement action if crypto companies do not comply.

US SEC Charges Sam Bankman-Fried for Defrauding FTX Investors
Bankman-Fried illegitimately used customer funds to support his lavish lifestyle and make political donations, the regulator alleged.

Cumberland Favors Bitcoin Option Trades to Profit From US CPI
Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

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