FM Clip

FTX founder Sam Bankman-Fried's downfall began on Nov. 2, 2022, when CoinDesk published a big scoop that raised questions about the health of crypto hedge fund Alameda Research and by extension, how safe Alameda Research's sister company FTX was. CoinDesk senior reporter Ian Allison, the journalist who authored that story, takes a look back on the collapse of Sam Bankman-Fried's empire and how the industry has changed in the last year.

2 de nov. de 2023

PayPal (PYPL) said in a filing that the company received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin. Tactive Wealth Advisor Eddy Gifford weighs in on what the subpoena could mean for the global payments giant. "It's just the SEC poking and prodding around," Gifford said. But it serves as a reminder that "if you are in the cryptocurrency space, you better be doing things by the book."

2 de nov. de 2023

PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday, the global payments giant said in a filing. In August, the firm announced it was entering the cryptocurrency market with the U.S. dollar-pegged stablecoin, PayPal USD.

2 de nov. de 2023

The price of bitcoin (BTC) nearly reached $36,000 in the last 24-hours. This comes as the Federal Reserve left interest rates unchanged for a second straight time. Tactive Wealth Advisor Eddy Gifford, along with NewEdge Wealth Senior Portfolio Strategist Ben Emons, join "First Mover" to discuss the central bank's latest actions and the potential impact on the crypto markets. 

2 de nov. de 2023

USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for legacy consumer accounts and has notified individual consumers of this decision," a Circle spokesperson told CoinDesk in an email. "Account closures do not apply to business or institutional Circle Mint accounts."

1 de nov. de 2023

CoinDesk Indices head of research Todd Groth, CFA, discusses the sector performance last month, after bitcoin (BTC) gained roughly 28% in October. "Generally bitcoin leads other tokens upwards through a cycle," Groth said. Near the peak of the cycle, usually "investors make some side bets away from bitcoin into altcoin season, as it's referred to."

1 de nov. de 2023

Ghost in the Machine is the fourth initiative in a partnership between Candy Digital and Getty Images. Candy Digital Chief Creative Officer Straith Schreder joins "First Mover" on the Day of the Dead to discuss the partnership and the NFT collection inspired by paranormal activity. Plus, insights on sales and trading volumes across the digital collectibles market.

1 de nov. de 2023

Bitcoin (BTC) gained roughly 28% in October, its strongest showing since January. CoinDesk Indices head of research Todd Groth, CFA, breaks down the performance of major cryptocurrencies last month, along with highlights from the broader macroeconomic environment.

1 de nov. de 2023

Omar Ochoa Law Firm founder, Omar Ochoa, joins "First Mover" to discuss the latest developments in Sam Bankman-Fried's criminal trial, along with his predictions, as closing arguments are expected to begin on Wednesday. The FTX founder was the last witness from both the defense and the prosecution.

1 de nov. de 2023

Omar Ochoa Law Firm founder Omar Ochoa weighs in on the how Sam Bankman-Fried's defense team has acted during the FTX founder's criminal trial. "It's a really difficult case for the defense, in all honesty," Ochoa said. "The defense counsel has done the best that they can."

1 de nov. de 2023