OKX reveals £84m ‘market recovery fund’ after rebuffing FTX rescue November 16, 2022 A crypto exchange that rebuffed a rescue request from FTX has announced a $100m ‘market recovery fund’ to support ailing firms on the verge of collapse.
‘One-size-fits-all’ UK crypto rules won’t prevent an FTX repeat, Ripple warns November 15, 2022 The implosion of crypto exchange FTX has underscored the urgent need for a “comprehensive and nuanced regulatory framework” in the UK, crypto firm Ripple told City A.M. today.
Regulators circle Bankman-Fried as FTX predicts creditors could top one million November 15, 2022 Collapsed crypto exchange FTX expects to have more than one million creditors, the firm has revealed in bankruptcy filings, as regulators and policy makers circle founder Sam Bankman-Fried and look to stave off further collapses across the industry.
FTX’s 50 biggest creditors to be revealed by Friday, as administrators believe more than a million people may have claims November 15, 2022 The 50 largest creditors caught up in the collapse of cryptocurrency exchange FTX will be announced before the end of the week.
Cristiano Ronaldo NFT collection released by Binance November 15, 2022 Cristiano Ronaldo’s first NFT collection will become available this Friday as part of an exclusive, multi-year partnership with Binance.
How NFTs are making the world of art accessible and affordable November 15, 2022 Artpool's Pauline Foessel discusses how NFT technology can support physical spaces like museums, communities, galleries and fairs.
UK crypto chiefs call for tighter regulation in wake of FTX collapse November 14, 2022 Top crypto firms have called for tighter regulation of digital assets in the UK today as lawmakers look to safeguard investors in the wake of the collapse of the FTX exchange last week.
FTX collapse may be ‘best thing ever to happen to crypto’, argues Scotcoin chief November 14, 2022 As the crypto space is rocked by the aftermath of last week’s FTX collapse, exchanges are rushing to calm investors’ fears. FTX and Alameda have now filed for chapter 11 in the United States – and about time, according to Temple Melville, the CEO of the Scotcoin Project Community Interest Company. He told City A.M. [...]
Fraudsters make off with £4.2m amid NFT boom November 14, 2022 Fraudsters have exploited the rapid rise of Non-Fungible Token (NFT) in the UK and have scammed investors out of more than £4.2m in the past 12 months, according to new research released today.
FTX investors urged to seek legal help under ‘English Law’ November 12, 2022 Investors affected by the shocking collapse of cryptocurrency exchange FTX are being advised to speak with specialist lawyers.