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'Bitcoin Doesn't Care' About FTX Fallout: Ledger CEO
Ledger CEO Pascal Gauthier discusses the potential contagion concerns following the bankruptcy of FTX. Plus, he shares his outlook on bitcoin, saying in part "bitcoin will be fine, bitcoin doesn't care about all this."
Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.
Bitcoin Liquidity on Exchanges Falling Amid FTX Collapse
Bitcoin is rising from the depths of red to regain its foothold snugly above $16,000. Its liquidity on major exchanges has deteriorated significantly in the wake of FTX's collapse, with market depth falling to a five-month low of 7,000 BTC. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Ledger Sees Crypto Cold Storage Sales Surging, CEO Says
Pascal Gauthier, CEO of cold wallet maker Ledger, discusses his take on the fallout of digital asset exchange FTX and why he expects interest in cold storage wallets to rise. Plus, the impact of FTX's implosion on bitcoin and the wider crypto industry.
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.
NFT-Linked Sandals Worn by Steve Jobs Sold for $218K
"The Hash" panel discusses the latest in the world of digital collectibles after a pair of Polygon NFT-linked Birkenstock sandals worn by Apple co-founder Steve Jobs sold for $218,000 at auction.
Amazon Reportedly Plans to Lay Off 10K Employees Amid Tech Rout
Amazon is said to cut approximately 10,000 jobs which could begin as early as this week, according to The New York Times. "The Hash" panel discusses what this means for the crypto industry as the tech rout widens.
EU May Ban Privacy-Enhancing Crypto Coins, Leaked Draft Reveals
The European Union could ban banks and crypto providers from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill obtained by CoinDesk. "The Hash" panel discusses the outlook for crypto regulation.
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.
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.