Australia Suspends Financial Services License of Local FTX Entity
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According...
Month: November 2022
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused...
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has...
Ether staking withdrawal schedule removal faces harsh criticism
Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable”...
Tremors from FTX’s collapse reverberate through the scientific community
With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also see a variety of grants...
Aussie treasurer promises crypto regulation next year amid FTX debacle
A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse.
No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that...
Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million. The...
Bahamian liquidators reject validity of FTX’s US bankruptcy filing
The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the...
Crypto skeptic Brad Sherman: Federal financial regulators ‘sound like Sam Bankman-Fried’
The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for...
US reportedly considering Bankman-Fried extradition for questioning
Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United...
Berkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto exchange FTX, stating...
Kevin O’Leary Slammed for Saying He’d Back Former FTX CEO Again — Insists SBF Is a ‘Brilliant’ Crypto Trader
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that he would again back Sam Bankman-Fried (SBF), the former CEO...
Robert Kiyosaki Says Bitcoin Isn’t the Problem — Calls Former FTX CEO the ‘Bernie Madoff of Crypto’
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says bitcoin is not the problem following...
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille...
