SBF Willing to Testify Before US House Committee of Financial Services Next Week
The former CEO of FTX – Sam Bankman-Fried – said he is “willing” to testify before the relevant US authorities on December 13. He vowed to shed more light on…
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Amber Group Slows Down Expansion Plans on Bear Market Worries (Report)
Amber Group reportedly raised just half of its $100 million funding round and halted its global expansion efforts due to the ongoing bear market. The company recently laid off a…
DeFi TVL Drops, NFT Market Performs Poorly in November: DappRadar
The FTX meltdown may have laid the groundwork for an unprecedented shift in user activity from centralized finance (CeFi) to decentralized finance (DeFi), but the total value locked in the…
SBF Could Have Reportedly Been Involved in Terra’s Collapse, Do Kwon Chips In
The former CEO of the bankrupt crypto exchange FTX – Sam Bankman-Fried (SBF) – might also be involved in Terra’s crash. Federal prosecutors have launched an investigation to determine whether…
Kraken’s Dave Ripley Denounces SBF as a Fraudster
Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users. He expects more contagion from the crisis, assuring that…
5 Failing Crypto Narratives of Late According to CZ Binance
Changpeng Zhao – CEO of the world’s largest crypto exchange, Binance – rejected some of the latest assumptions regarding himself and his company’s involvement in FTX’s crash. He reiterated his…
Goldman Sachs to Invest Millions in Crypto Businesses Following FTX Meltdown
The American multinational investment bank – Goldman Sachs – intends to spend tens of millions of dollars to acquire or invest in cryptocurrency organizations. Goldman’s head of digital assets –…
Crypto Capital Reset Underway Following Final Flushout: Glassnode
A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of the…
Maxine Waters Is Not Playing With SBF. Says It Is Imperative That He Attends Their Hearing
Following the controversial interview between Sam Bankman-Fried and journalist Andrew Ross Sorkin at the New York Times DealBook Summit, SBF received a cordial invitation on December 13 from Congresswoman Waters…
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with severe issues…
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