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Tether CTO confirms no plans to rescue FTX
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO repo...

Major stablecoins destabilized as market volatility and redemptions surge
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize....

Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece...

Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets
Ark Investments topped up its Coinbase stock shortly after FTX's liquidity issues were revealed, which came after Coinbase...

BlockFi limits platform activity, including a halt on client withdrawals
"We intend to communicate as frequently as possible [...] but anticipate that this will be less frequent than what our clie...

Genesis Trading reveals $175M of funds are locked in FTX
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after t...

Crypto gaming needs to be fun to be successful — money doesn't matter
Contrary to what you might believe, monetary rewards in gaming are bad for player retention. Developers need to take player...

Breaking: Bahamas securities regulator freezes FTX assets
The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed li...

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...

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

FTX turmoil increases scrutiny of industry, something institutional investors ha...
Hedge funds and asset managers are deploying digital asset teams, but lack of regulatory clarity is holding them back....

FTX US announces it may halt trading on its platform in a few days
According to the FTX US website, “Withdrawals are and will remain open.”

Financial group CEO claims he tried to warn Bankman-Fried about insolvency in Ju...
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused t...

Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Frid...
BTC bears are set to profit from this week's $710 million options expiry, which could be used to add further sell pressure...

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.

LayerZero Labs bought back its stake from FTX Ventures and Alameda
The protocol announced an agreement to buy out 100% of FTX Ventures’s 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 attestati...
The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67....

Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regula...
Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work on...

The Clearing House stands up for bank rights, opposes CBDC in comments for US Tr...
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep ba...

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