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Who's Who in the FTX Inner Circle
FTX collapsed. These were the players closest to the implosion.
Sponsored
Nov 22, 2022 at 2:53 p.m. UTC
Nov 22, 2022
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Live
$1.8 billion and possibly more. That's how much CoinDesk sources say Genesis owes in loans to customers with funds locked up on the crypto trading and lending platform. Nikhilesh De has the latest involving Genesis, which like CoinDesk, is owned by the Digital Currency Group (DCG). Plus, Katie Talati, Arca head of research, joins "First Mover" to discuss her crypto markets outlook. And, it's time to unveil CoinDesk's Most Influential 2022, the definitive list of the biggest change makers in crypto, blockchain and Web3.
Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to 'refocus' amid a 'deepening bear market', its CEO said on Twitter.
Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.
Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reduces Workforce by 35%
The exchange said that it does not have any direct exposure to FTX, however the job cuts are a result of crypto downturn caused by FTX.
Live Wire
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FTX Downfall: Full Coverage
Follow the key developments of the unraveling of Sam Bankman-Fried’s crypto empire and exchange, FTX.
The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline
Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting.
Sponsored
Nov 12, 2022 at 4:01 p.m. UTC
Nov 12, 2022
Sam Bankman-Fried's Self-Incrimination Tour
The disgraced man-child’s media apology tour may sway the underinformed. But it can only hurt Bankman-Fried where it counts – in the courtroom.
Sponsored
Dec 2, 2022 at 6:25 p.m. UTC
Dec 2, 2022
Former FTX US President Is Seeking Funds for Crypto Startup: Report
Brett Harrison is trying to raise $6 million at a $60 million company valuation, The Information reported.
Sponsored
Dec 2, 2022 at 6:16 p.m. UTC
Dec 2, 2022
FTX’s Collapse Was a Crime, Not an Accident
Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk's Chief Insights Columnist David Z. Morris writes.
Sponsored
Nov 30, 2022 at 7:15 p.m. UTC
Nov 30, 2022
Full Transcript: NY Times' Interview With Sam Bankman-Fried
Bankman-Fried said during the interview he did not "knowingly commingle" customer funds.
Sponsored
Dec 1, 2022 at 12:53 a.m. UTC
Dec 1, 2022
Consensus 2022
AllDiscovery
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Weekend Story: What Do You Really Own in the Ownership Economy?
On today’s show we’re taking a look at the ownership economy, its legal complexities and what you really own, courtesy of Nick Ducoff, a partner at G20 Ventures, and co-founder of ON_Discourse.
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Bitcoin and Opting Out of the IMF & World Bank
How the IMF and World Bank funnel resources from poor countries to rich ones.
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The Mother of All Risks: Attacks by Rogue States, With Juan Zarate
A discussion about how compliance and risk management can be improved in the crypto industry as a result of the FTX debacle.
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From Hero to Zero: The Fall of FTX
“Carpe Consensus” dives into crypto’s biggest story of the year, analyzing the latest developments and lessons learned from the collapse of Sam Bankman-Fried’s FTX exchange.
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BlockFi’s Rise and Fall: A Timeline
BlockFi, a crypto lending company, was founded in October 2017 and filed for bankruptcy in November, 2022 in the wake of FTX's collapse.
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Trending in Crypto
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Markets
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First Mover Americas: Axie Infinity's Token Takes Off
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 5, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Companies
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Stablecoin Issuer Circle Cancels Plan to Go Public
The firm had announced plans to go public in July of 2021.
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Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reduces Workforce by 35%
The exchange said that it does not have any direct exposure to FTX, however the job cuts are a result of crypto downturn caused by FTX.
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Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to 'refocus' amid a 'deepening bear market', its CEO said on Twitter.
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Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources
In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.
Technology
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Waves Blockchain Founder Explores New DAO Model to Improve Crypto Governance
The model is designed to add accountability by introducing performance measures, rewards and penalties.
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