FTX Collapse


Finance

TON Steward Looks to Draw Projects to its Ecosystem With $126M Rescue Fund

The Ton Foundation's aim is to entice projects to migrate to TON, while helping to alleviate the knock-on effects of FTX's collapse.

(Dimitri Wittmann/Pixabay)

Finance

LedgerX to Make $175M Available for FTX Bankruptcy Proceedings: Bloomberg

The money could be transferred as early as Wednesday.

U.S. Dollars (Shutterstock)

Tech

Bitcoin Custody Firm Casa to Add Ethereum Support

The addition is part of a major overhaul of the Casa app, which will be relaunched in January.

BTC and ETH trade higher on moderate volume to begin the week. (DALLE-E/Coindesk)

Tech

MetaMask IP-Sharing Debacle Highlights the Scourge of Crypto Centralization

Centralized intermediaries have seeped deep into the crypto user experience, but they continue to be its main path to adoption.

Is centralization unavoidable? (Unsplash)

Policy

Singapore's Financial Regulator Defends Itself After FTX Blowup

Singapore state fund Temasek’s investment in FTX caused "reputational damage," but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.

Singapore's Parliament House (Getty Images)

Finance

Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy: Bloomberg

Genesis is in talks with creditors and potential investors, the report said.

(Genesis Trading)

Policy

Sam Bankman-Fried Called to FTX Hearing by Texas Securities Regulator

The Texas State Securities Board has been investigating FTX US since October.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Finance

Crypto Services Firm Prime Trust Replaces CEO Tom Pageler

It’s the latest shakeup in a rocky month for the crypto industry. FTX’s Sam Bankman-Fried sent political donations through the firm.

Prime Trust CEO Tom Pageler. (Prime Trust)

Policy

Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

Ron Wyden, chairman of the Senate Finance Committee, sent letters to crypto companies demanding answers about their consumer protection practices.

U.S. Sen. Ron Wyden (Drew Angerer/Getty Images)

Finance

Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview

The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers and added his lawyers to the groups of people he said can “go f**k themselves.”

El ex CEO de FTX, Sam Bankman-Fried. (Danny Nelson/CoinDesk)