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Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said
The CoinDesk Market Index, bitcoin and ether were all in the green. Market Wrap is CoinDesk’s daily newsletter diving into what happened in...

Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Interna...
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the compa...

Let's Stop Regulating Crypto Exchanges Like Western Union
It's time for U.S. crypto exchanges to face the same rules as non-crypto marketplaces and brokers, says our columnist.

Mango Exploiter's Funds Get Liquidated After Roiling Aave Using $20M of Borrowed...
A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Man...

On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start...
Niklas Polk, a research analyst at analytics firm Nansen, discusses the firm’s latest report and what on-chain data reveals about the wallet...

The Gaming Industry Doesn’t Need Web3, but Gamers Might

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Inclu...
Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis.

Steps to Crypto Recovery: Where ‘We’ Go From Here
The FTX is a wake-up call for everyone in the industry. And, no, regulation isn't going to save us next time, any more than it would have th...

Binance's CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Gray...
Changpeng Zhao quickly deleted a tweet that called the companies' disclosures into question.

Bitcoin Regains $16K, But Analysts Are Still Bearish
Bitcoin rebounds after hitting a fresh two-year low in the past 24 hours. But analysts said bitcoin could hit $13,000 amid contagion.

FTX Bankruptcy Judge Says Creditor Information Can Be Redacted – at Least For No...
FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceed...

US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Co...
"The ill-advised, deceptive, and potentially illegal actions of a few have a direct impact on the valuation of Bitcoin and other digital ass...

What Do You Really Own in the Ownership Economy?

Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy He...
“You have witnessed probably one of the most abrupt and difficult collapses in the history of corporate America,” an attorney for FTX said d...

Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for...

Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentin...
Argentina's fan token, on the other hand, slid 21% following the team's loss on Monday.

Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
The policy, provided by insurance marketplace Lloyd’s of London, will support institutional investors’ NFTs up to $25 million.

Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil
The Singapore-based crypto fund, along with crowdfunding platform Gitcoin, plans to back the development of blockchain projects across globa...

CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters C...
The Commodity Futures Trading Commission (CFTC) is trying to “create [a] novel precedent” for itself in trying to serve a lawsuit to the ent...

Mattel Launches NFT Marketplace With Hot Wheels Collection
The global toy company will release the latest Hot Wheels NFT Garage collection on its Mattel Creations marketplace to start.

Who Is Alameda's Former co-CEO Sam Trabucco?
The former co-CEO of Alameda Research took steps to distance himself from the firm by saying in August he had not acted as chief executive f...

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