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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.
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BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi filed for bankruptcy days after suspending withdrawals last week. FTX had extended a $400 million line of credit to the lender earlier this year.
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly.
Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran
Kraken has agreed to pay $362,1159 to settle its potential liability for violating U.S. sanctions against Iran.
Centralized Crypto Exchanges Will Remain Dominant Despite FTX Collapse: JPMorgan
DeFi protocols rely heavily on centralized exchanges to be able to function and it would likely take a long time until price discovery shifts from centralized to decentralized exchanges, JPMorgan said.
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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.
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Nov 12, 2022 at 4:01 p.m. UTC
Nov 12, 2022
Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.
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Nov 22, 2022 at 5:14 p.m. UTC
Nov 22, 2022
FTX Exploiter Transfers $200M in Ether to 12 Crypto Wallets
The exploiter had previously drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection.
Sponsored
Nov 21, 2022 at 5:36 p.m. UTC
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FTX’s Collapse a Wake-Up Call for Venture Capitalists, Dragonfly Partner Says
Tom Schmidt noted that more discerning VCs didn't invest in the failed crypto exchange.
Sponsored
Nov 21, 2022 at 7:18 p.m. UTC
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'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits
An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.
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Nov 18, 2022 at 2:12 p.m. UTC
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Consensus 2022
AllDiscovery
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Crypto Update | Steps to Crypto Recovery: Where ‘We’ Go From Here
With DOGE coin up more than 50% since last Tuesday, plus a look at next steps following the FTX collapse, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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The Inevitability of Web3, With Ricky Engelberg, CMO of Vista
After ushering Nike into the digital era, CMO Ricky Engelberg discusses how he’s helping both businesses and creators understand the importance of community, innovation and brand management in his current role at Vista.
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Bitcoin Gas Flare Mining, With Matt Lohstroh
How the landscape for mining has changed in the last three years.
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A Holiday Impression, With Will Foxley
A holiday short of the most valuable crypto stories for 2022.
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Achieving Financial and Personal Confidence With Lisa Carmen Wang
In investing in oneself and one's career, what does it mean to be a 'Bad Bitch'?
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Worse Than Enron? The FTX Collapse Leaves Many With Egg on Their Faces
The ‘Thou Shalt Not’ centralize your operations, which is at the core of crypto, is once again regarded as problematic.
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Markets
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Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.
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Companies
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TIME President Keith Grossman Joins Crypto Payments Startup MoonPay
Keith Grossman, president of TIME, has left the media firm to join crypto payments infrastructure firm MoonPay.
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Social-Media Giant LINE Closes Its Crypto Exchange Bitfront
Japanese social media company LINE has announced that it will close Bitfront, a crypto exchange that it launched in 2020.
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Coinbase Makes 4 New Appointments to Bolster European Expansion
Cryptocurrency exchange Coinbase has made four new appointments to its European team to help further its expansion plans across the continent.
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Ethereum Staking-as-a-Service Startup Kiln Raises $17.6M
The Paris-based startup is betting on the growth of staking services after Ethereum's Merge.
Technology
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Major Canadian Crypto Exchange Coinsquare Says Client Data Breached
The exchange claimed the breached personal data wasn't likely seen "by the bad actor” and customers' assets are “secure in cold storage and are not at risk.”
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