CoinFund’s David Pakman talks FTX, DeFi and the way forward.
Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam
Law enforcement authorities in Italy and Albania have busted a cryptocurrency investment scam worth 15 million euros ($15.91 million).
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
Users can now view and download the old and new reserve ratios and assess the exchange’s health and the safety of their assets.
FTX Asks Judge for Help in Fight Over Robinhood Shares Worth About $450M
Bitcoin Protocol Development Steadily Progressing Despite Only 40-60 Monthly Active Developers: NYDIG
The report was written by Bitcoin-focused investment firm, New York Digital Investment Group
Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal
Far Peak Acquisition and Bullish first agreed to a merger in July 2021.
Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices
Bullish said it had reached a mutual agreement with Far Peak Acquisition to no longer merge in a deal for a listing on the New York Stock Exchange.
Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie
A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.
Europe’s Last Bitcoin Mining Refuge Is No Longer Viable
Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.
FTX Creditors Hire Law Firm Paul Hastings as Representation
Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings.
Twitter Adds Crypto, Stock Prices in Search Results
Social media platform Twitter has integrated cryptocurrency prices into its search results with a TradingView plug-in.
FTX’s Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday.
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney’s office.
SEC Calls FTT Exchange Token a Security
Complaint against Alameda’s Caroline Ellison and FTX’s Gary Wang contains allegations that FTX’s exchange token, FTT, constitutes an investment contract.
Inside Core Scientific’s Prearranged Bankruptcy
The world’s biggest publicly traded crypto miner filed for Chapter 11 protection today.
Sam Bankman-Fried to be Extradited to the US
A judge on Wednesday approved the former FTX CEO’s agreement not to contest extradition.
DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit
A former employee of DeFi protocol Ankr maliciously caused a $5 million exploit earlier this month, according to a blog post published on Ankr’s website.
Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading
Sasha Ivanov, the founder of decentralized blockchain Waves, has asked centralized exchanges to deactivate futures markets tied to its native WAVES token.
Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform
Peer-to-peer bitcoin (BTC) marketplace Paxful has removed ether (ETH) from its platform, with CEO Ray Youssef describing it as “essentially a digital form of fiat.”