News

Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
November 22, 2022 8:40 am

ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price.

Hong Kong believes stablecoin volatility can spillover to traditional finance
November 22, 2022 8:20 am

According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.

SBF, FTX execs reportedly spend millions on properties in the Bahamas
November 22, 2022 7:59 am

At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives.

Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
November 22, 2022 5:59 am

The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse.

Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
November 22, 2022 5:53 am

A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality.

US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
November 22, 2022 5:44 am

The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has "serious problems."

Uniswap's new privacy policy sees backlash from decentralization buffs
November 22, 2022 4:23 am

Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.

Iris Energy to cut mining hardware after defaulting on $108M loan
November 22, 2022 4:08 am

The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."

HashFlare founders arrested in 'astounding' $575M crypto fraud scheme
November 22, 2022 3:01 am

The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy.

FTX crisis leads to record inflows into short-investment products
November 22, 2022 2:27 am

The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares.

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