Alameda’s largest holdings are in USD Coin, while FTX’s biggest holding remains its own FTT token.
FTX Has European License Suspended by Cyprus Regulator: Report
Cryptocurrency exchange FTX has had its EU license suspended by Cyprus’ regulator.
Crypto Market Maker B2C2’s CEO Phillip Gillespie Departs
Phillip Gillespie, the group CEO of prominent crypto market maker B2C2 has left his role and has been replaced by Nicola White, who joined the firm from Citadel Securities in 2021.
FTX Australia Calls In the Administrators: Report
FTX Australia and FTX Exchange, the Australian entities of troubled global cryptocurrency exchange FTX, appointed administrators, Australia media reported.
FTX’s ‘Effective Altruism’ Future Fund Team Resigns
In an open letter, the team says they are unable to perform their work or process grants and has “fundamental questions” about the legitimacy and integrity of business operations.
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX’s collapse.
FTX Assets Frozen by Bahamian Regulator
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity.
Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
Coinbase called the latest reductions “isolated and targeted.”
Revisiting MicroStrategy’s Pain Points as Bitcoin Tumbles
This week’s plunge in the price of bitcoin again raises questions as to whether Michael Saylor will at some point be forced to sell some or all of his company’s vast holdings.
FTX-Backed Crypto Unicorn LayerZero Bought Out Stake
The interoperability protocol sent out a memo to investors outlining its buyout strategy.
FTX US Warns of Trading Halt Hours After Bankman-Fried Says It’s ‘100% Liquid’
FTX US warned that it might halt trading in a banner on its website Thursday.
‘Never Let a Good Crisis Go to Waste’: CFTC Commissioner Calls on Congress to Act After FTX Debacle
Kristin N. Johnson discusses the FTX fiasco and why Congress should take a pragmatic approach in closing the regulatory gap.
Dan Loeb’s Hedge Fund Third Point Among Those in Talks for $9.4B FTX Rescue
Third Point is part of a group of investors involved in bailout talks for Sam Bankman-Fried’s troubled crypto exchange.
Top FTX Lawyer Orders Documents Preserved as Investigations Ramp Up
FTX US General Counsel Ryne Miller called the turn of events “disappointing.”
Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent
While lesser-known, Giottus is among the top 10 cryptocurrency exchanges in India.
Crypto Exchange FTX Reopens Withdrawals: Nansen
Troubled crypto exchange FTX has reopened withdrawals, according to on-chain data provided by Nansen.
JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes
JPMorgan strategists said bitcoin’s production cost could be an indicator of the market bottom.
Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July
Rich Handler made multiple attempts to meet with the FTX CEO, who he feared would go from rescuer to rescuee.
Fintech Firm Qenta to Go Public Through SPAC Merger
Qenta, a fintech firm that tracks precious metals using blockchain technology, will be listed on Nasdaq following a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition Corp.