FTX


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BlockFi Reportedly Prepares for Possible Bankruptcy Filing; Bahamian Supreme Court Approves Liquidators for FTX Assets

Crypto lender BlockFi is reportedly preparing a potential bankruptcy filing because of its "significant exposure" to bankrupt crypto exchange FTX. FTX could have more than 1 million creditors and has been in contact with “dozens” of regulators around the world. The Supreme Court of the Bahamas has approved two insolvency experts at PwC as provisional liquidators overseeing FTX's assets.

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FTX Accounts Drainer Transfers Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

The unknown actor behind last week’s $600 million exploit of crypto exchange FTX transferred more than 21,555 ether (ETH), or over $27 million, in stolen funds to a single address during European morning hours on Tuesday. "The Hash" panel discusses the latest in the FTX collapse.

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What’s in the Crypto Legislation Backed by Sam Bankman-Fried?

U.S. Senators are planning to push forward with the bipartisan Digital Commodities Consumer Protection Act (DCCPA) crypto legislation backed by Sam Bankman-Fried despite the implosion his crypto exchange FTX. "The Hash" panel discusses the potential outcomes and Bankman-Fried's political reach in the latest fallout.

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Mercati

El colapso de FTX es más parecido a Enron que a Lehman, según Bernstein

El bróker prevé un impacto significativo de liquidez en el mercado de criptomonedas para las próximas semanas, lo que perjudicará a los tokens menos importantes.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Video

FTX Fallout Is a 'Confidence Crisis' In the Crypto Ecosystem

ConsenSys Head Economist Lex Sokolin discusses the FTX collapse and impact on the crypto industry, saying it's a "confidence crisis in the ecosystem as a whole." While the continued fallout from the now-bankrupt exchange is weighing on crypto prices, Sokolin argues, "prices are not the end goal."

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FTX May Have More Than 1M Creditors, New Filings Say

FTX may have more than 1 million creditors, according to a court filing that began to explain the company's descent into bankruptcy. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details. Plus, the latest on the liquidators approved by the Bahamian Supreme Court for FTX's assets.

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Bitcoin Flirts With $17K as New Report Hints Inflation May Be Easing

Bitcoin (BTC) is trading steadily right below the $17,000 level, as the Producer Price Index for final demand increased 0.2 percent in October. ConsenSys Head Economist Lex Sokolin discusses the U.S. latest economic data and his crypto market analysis as investors grapple with the impact of FTX filing for bankruptcy.

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FTX Collapse: Examining Journalism’s Place in the Crypto Industry

Michael J. Casey, Chief Content Officer at CoinDesk, discusses the role of journalists amid the downfall of crypto exchange FTX. "We didn't see this coming," Casey said. "We have to be in the capacity to verify information without just accepting things at face value...the crypto industry needs the press."

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Politiche

La Corte Suprema de las Bahamas aprueba la designación de liquidadores para los activos de FTX

Las autoridades del país donde tiene su sede FTX están investigando la bolsa por mala conducta criminal y violación de las leyes de valores.

Sam Bankman-Fried (Pindar Van Arman/CoinDesk)