Crypto
- Axios
Crypto will survive FTX, Sam Bankman-Fried
Editor's Note
Don't write off the crypto industry just yet. As Axios points out in this timely explainer, there have been many crypto busts over the years, and each time it's bounced back in even better shape.
Crypto2 min read Editor's Note
The implosion of the crypto market has taught us a lot, writes the FT's Jemima Kelly. While there's little to inspire confidence in the asset class, it does have a "strange resilience", she says.
Crypto3 min read- Coin Telegraph
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023
Editor's Note
Ethereum co-founder Vitalik Buterin is optimistic about the prospects for the crypto industry, despite the collapse of FTX. Coin Telegraph tells us why.
Crypto2 min read - CNBC
The FTX disaster has set back crypto by 'years' — here are 3 ways it could reshape the industry
Editor's Note
CNBC asks several crypto experts what needs to be done to their industry to ensure it overcomes last month's devastating collapse of Sam Bankman-Fried's FTX. More rigorous regulation, for a start.
Crypto4 min read Editor's Note
In this handy explainer, Bloomberg gives us the background to Sam Bankman-Fried's arrest this week and provides a long list of the charges that the former FTX boss faces.
Crypto4 min read- CoinDesk
Binance founder ‘CZ’ Insists we can trust his crypto exchange – but can we?
Editor's Note
In the context of the record-breaking withdrawals from the largest crypto exchange firm, Binance, this CoinDesk column argues if it's safe to trust centralized crypto exchanges in the first place.
Crypto7 min read Editor's Note
The indictment of Sam Bankman-Fried offers new insights into the sudden collapse of his company, the FT reports. According to his court-appointed successor, there was "no record-keeping whatsoever."
Crypto4 min read- Decrypt
Binance customer withdrawals exceed $3 billion in 24 hours
Editor's Note
Crypto exchange firm Binance has seen a record amount of withdrawals in the last few days prompting fears of a bank run. Its CEO calls it 'business as usual'. Decrypt reports.
Crypto2 min read Editor's Note
One prosecutor called it “one of the biggest financial frauds in U.S. history.” Sam Bankman-Fried is accused of lying to investors and using customer funds for his personal gain. The Guardian reports.
Crypto3 min read- Axios
How crypto billions evaporate
Editor's Note
The crypto winter has seen billionaires lose everything. Axios explains how it happened—and why these investors keep on taking even bigger risks.
Crypto2 min read - Axios
Sam Bankman-Fried ignores Senate request, setting up subpoena
Editor's Note
Sam Bankman-Fried has given a slew of media interviews since FTX's spectacular collapse, though he seems to be in no hurry to testify to the Senate Banking Committee. Axios has the backstory.
Crypto1 min read - CNBC
Some crypto backers are purposely taking a 'very dangerous path,' EU regulator says
Editor's Note
FTX's collapse highlighted the risks associated with cryptocurrencies. Unfortunately, some participants are totally against stricter rules, the EU commissioner for financial services has told CNBC
Crypto2 min read - Coin Telegraph
South Korea’s unique and amazing crypto universe
Editor's Note
Coin Telegraph Magazine has a fascinating feature on how South Korea has been an early adopter of cryptocurrencies, but it's not the decentralization philosophy that's driving this.
Crypto9 min read - Decrypt
Why isn’t Sam Bankman-Fried behind bars yet?
Editor's Note
The FTX exchange owes $3.1 billion to its top 50 creditors. Its former CEO is still a free man. Decrypt speaks to crypto lawyers and experts to find out why he hasn't been arrested yet.
Crypto2 min read - Coin Telegraph
Regulators face public ire after FTX collapse, experts call for coordination
Editor's Note
Coin Telegraph speaks to experts on what US regulatory bodies need to do to ensure there are guardrails in place to prevent retail investors from being taken on a ride by crypto firms.
Crypto5 min read Editor's Note
To add to the crypto market's troubles, BlackRock CEO Larry Fink predicted last week that more companies in the industry will collapse after FTX's demise. Bloomberg looks at the fallout.
Crypto3 min read- CoinDesk
FTX’s collapse was a crime, not an accident
Editor's Note
"The FTX situation has more smoking guns than a shooting range in Texas". CoinDesk columnist analyzes how mainstream media has glossed over the real reasons behind the FTX implosion.
Crypto1 min read - Semafor
Online news site CoinDesk attracts suitors amid crypto crash
Editor's Note
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Crypto2 min read - El Pais
Global cryptocurrency scams: Call centers, fake brokers and thousands of victims
Editor's Note
A coordinated investigation involving police from seven countries has exposed a cryptocurrency scam on a global scale. El Pais speaks to some of the 200,000 or so victims in Europe.
Crypto4 min read - CNBC
Crypto firm BlockFi files for bankruptcy as FTX fallout spreads
Editor's Note
BlockFi would let you earn yield by depositing idle cryptocurrencies on its platform. CNBC reports on how BlockFi's exposure to FTX has caused it to go belly up in this unending crypto winter.
Crypto2 min read
