Crypto lender BlockFi files for bankruptcy as FTX shockwaves spread November 28, 2022 Crypto lender BlockFi has filed for bankruptcy today as the fallout of FTX’s collapse spreads across the industry.
Coinbase doubles down on Europe expansion amid ‘most challenging’ period in crypto November 28, 2022 Crypto exchange Coinbase has appointed five new executives to its top team in Europe today as it doubles down on expansion amid one of the “most challenging” periods in the history of the market.
Crypto markets provide flat backdrop to Doge uplift on more Musk rumours November 27, 2022 Weekend trading in the cryptocurrency markets has more-or-less flatlined, with only Doge breaking radio silence.
Binance launches next phase of user transparency updates November 27, 2022 Binance has taken the next step in its effort to provide transparency of user funds, following the recent disclosure of its hot and cold wallet addresses.
Binance chief poised to snap up $1bn distressed crypto assets November 24, 2022 The chief of crypto exchange Binance said he may snap up $1bn worth of distressed assets in the sector as firms fail amid the shockwaves of FTX’s collapse.
Crypto exchange OKX opens its balance sheet as sector scrambles to restore trust November 23, 2022 Crypto exchange OKX has revealed the state of its balance sheet today to prove to customers it has not been gambling with their cash, as the industry scrambles to restore confidence in the wake of FTX’s collapse.
Exclusive: Government oblivious to scale of crypto tax-dodging despite ‘global hub’ plans November 23, 2022 The government has made no calculations on the amount of dodged tax takings on cryptoassets despite the Treasury’s plans to turn the UK into a hub for crypto, City A.M. has learned.
FTX run as ‘personal fiefdom’ for Bankman-Fried, say lawyers November 22, 2022 Lawyers representing collapsed crypto exchange FTX said the firm was “effectively run as a personal fiefdom” for founder Sam Bankman-Fried today, as court documents showed the firm had splurged nearly $121m in property in the past two years.
FTX bankruptcy team finds more than £1bn across Bankman-Fried’s crypto empire November 22, 2022 The team overseeing the bankruptcy of collapsed crypto exchange FTX has managed to located more cash held by Sam Bankman-Fried’s sprawling crypto empire, bringing the total to $1.24bn (£1.04bn).
Crypto AM’s James Bowater crowned ‘Blockchain Advisor of the Year’ November 22, 2022 Crypto AM founder and editor-at-large James Bowater has been named 'Blockchain Advisor of the Year' at the prestigious AIBC Awards in Malta.