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SBF Charged with Conspiracy, Wire Fraud, Money Laundering by Justice Department, Securities Violations by SEC
Former FTX CEO Sam Bankman-Fried will not be able to testify before Congress as expected.
Arkansas Electric Utility to Offer Energy Sweetener to Battered Crypto Miners
A special electricity tariff is being offered to the crypto miners by the Arkansas’ biggest power utility.
SEC Chair Gary Gensler Must Testify Before Congress, Says Rep. Tom Emmer
The Minnesota representative said Gensler’s agency has failed to gather critical information from crypto companies.
gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse
Tezos co-founder Kathleen Breitman has been in crypto since the beginning and has seen a lot of cycles and failures. She joined Stacy Elliott and Dan Roberts and brought the fire on FTX and Sam Bankman-Fried’s mismanagement, “decentralization theater,” Tezos’s reputation and positioning, crypto sports marketing, and NFTs. Watch Episode 25 of the gm podcast and make sure to subscribe on Apple or Spotify.
This Week in Coins: Bitcoin and Ethereum Flat Again, Axie Infinity Sees Rare Jump
Bitcoin and Ethereum traded sideways all week, with the market offering only a few green shoots. Elsewhere, SBF looks set to testify on Tuesday.
SEC Urges Firms to Disclose Crypto Exposure in New Letter
Citing securities law, the SEC is now asking firms about any relevant exposure to the chaotic crypto industry.
Kim Kardashian, Floyd Mayweather EthereumMax Lawsuit Dismissed
A judge in California has dismissed a lawsuit against Kim Kardashian and others for promoting crypto project EthereumMax.
Congressional Subpoena for SBF 'Definitely on the Table', Says Rep. Maxine Waters
After taking a harsher tone on Twitter, the Democratic leader left open the possibility of forcing the FTX founder to testify about the company's collapse.
NYC Prosecutors Probing Sam Bankman-Fried's Role in TerraUSD Collapse: Report
The Terra and Luna crash in May which upended the crypto ecosystem, including SBF's failed exchange FTX.
ConsenSys Updates Privacy Policy for MetaMask, Infura After Community Pushback
Following hefty pushback from the crypto community last month, ConsenSys has updated and clarified how it uses MetaMask and Infura data.
Former IRS Agents at Binance Seek to Keep Crypto Crime-Free
The world’s biggest exchange has recruited top talent from law enforcement to take on cryptocurrency criminals.
Aave Companies Acquires Social Metaverse Developer Sonar
The acquisition will see Sonar integrate Aave’s Lens protocol to introduce decentralized account profiles for its social mobile metaverse app.
Axie Infinity Leads Metaverse, NFT Token Rally as Trade Volumes Surge
Amid a wider crypto market recovery, metaverse and NFT-related tokens in Apecoin, AXS, Sandbox, and others are benefitting the most.
Coinbase CEO Rejects FTX ‘Accounting Error,’ Says Funds Were Obviously ‘Stolen’
Brian Armstrong says only the “most gullible person” would believe an $8 billion hole was due to lackluster accounting.
How to Move Bitcoin, Ethereum and Other Crypto to Self-Custody
Worried about your Bitcoin, Ethereum, and other crypto being trapped on a centralized exchange like FTX? Here's how to change that.
Coinbase Stock Hits New All-Time Low Amid Plummeting Yearly Revenues
Coinbase’s stock (COIN) continues to slide as the exchange braces for year-end figures that grossly underperform its 2021 numbers.
South Korean Authorities Say Terraform Labs CEO Do Kwon in Serbia: Report
South Korean authorities indicate that Terra's Do Kwon, also wanted by Interpol, moved to Serbia but could now be in a neighboring country.
'Abnormal' Altcoin Trading on Binance 'Just Market Behavior,' Says CEO
The company says the observed activity had nothing to do with compromised accounts or leaked API keys.
Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
In the event of a worst-case scenario, FalconX said it has “decades of runway,” meaning that it has enough capital on hand to continue operating.
Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs
The class action suit alleges that MoonPay and Guy Oseary worked with Yuga Labs to covertly pay celebrities to boost the popular NFT project.
Congressman Calls for Investigation Into Gensler, SEC’s Role in FTX Collapse
Rep. Ritchie Torres (D-NY) accused Gensler of being “singularly responsible” for failing to prevent FTX’s demise.
Life After FTX: How Solana DeFi Is Starting Over—Without SBF’s Serum
Solana devs look to rebuild as they unwind DeFi on the network from Sam Bankman-Fried’s Serum, replace it with OpenBook, and plot a course for the future.
Paraguay Lawmakers Shelve Hotly Debated 'Crypto Law'
The South American nation was set to become a Bitcoin mining paradise—but lawmakers have pumped the brakes.
Nigeria Limits Cash Withdrawals to $45 per Day in CBDC, Digital Banking Push
A year after launching its CBDC, the Central Bank of Nigeria has capped cash withdrawals to get more people to go cashless.
Former CFTC Commissioner Takes Up Head of Policy Role at Andreessen Horowitz
Former CFTC Commissioner Brian Quintenz has accepted the full-time position as the head of policy at crypto VC giant a16z.
This Week on Crypto Twitter: Sam Bankman-Fried Won't Stop Talking, Coinbase Challenges Apple
Also, the Caribbean island of Dominica is issuing the “world’s first national coin,” entitling holders to Dominican passports.
SBF Publicly Punts on U.S. House Hearing Invitation
Lawmakers wanted the disgraced cryptocurrency exchange founder to testify about the collapse of FTX.
Genesis Owes Gemini Earn Users $900M: Report
Gemini has yet to reopen withdrawals for users of its Earn service due to crypto market contagion from FTX.
Blocknative CEO Matt Cutler at 0xpo Crossroads
Blocknative's Matt Cutler sat down with Decrypt's Jason Nelson at 0xpo Crossroads in San Francisco on November 3 to tell his Web3 origin story and Blocknative's business—plus misconceptions in the crypto space.
Binance Pauses Withdrawals Amid $5M Ankr 'Infinite Mint' Hack
Binance CEO Changpeng Zhao announced that the exchange had paused withdrawals following an exploit on the crypto node project Ankr.