US Sen. Elizabeth Warren says crypto will ruin economy —community responds
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community.
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New York AG pushes prohibition of crypto purchases via retirement funds
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts.
FTX collapse triggers second thoughts on Busan City’s crypto exchange plans
The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the troubled FTX exchange.
Mango Markets hacker allegedly feigns Curve short attack to exploit Aave
It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave.
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be…
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues.
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed.
Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow.
FTX ordered to pay reimbursement fees to Bahamian regulators
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12.
SBF, FTX execs reportedly spend millions on properties in the Bahamas
At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives.
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