Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market....
Crypto.com has a strong balance sheet, says the CEO
Crypto.com has assured its customers that it is conducting business as usual after reports emerged that the company mistakenly sent $400 million worth of ether...
BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
Bitcoin (BTC) sellers are nursing their largest overall losses since March 2020, one on-chain metric suggests.Data from on-chain analytics firm Glassnode confirms that Bitcoin’s spent...
US President Biden announces pick for FDIC chair
United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg to assume the position as part...
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by...
Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023
The Caribbean nation of St. Kitts and Nevis may declare Bitcoin Cash (BCH) legal tender by March 2023. Prime Minister Terrance Drew made that announcement...
Turkey’s financial authority investigates FTX’s collapse
Turkey’s Financial Crimes Investigation Agency is the latest authority to announce investigations into crypto exchange FTX after its collapse and bankruptcy filing on Nov.11.Along with...
South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
Authorities in South Korea have reportedly requested Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, to appear as part of an investigation into...
MRST is the native token of the Mars Metaverse project
The Mars token (MRST) is now live on the OKX exchange, but knowing what it is will help you make an informed investment decision. Mars...
Bitcoin derivatives data reflects traders’ mixed feelings below $17,000
Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second-largest cryptocurrency exchange, FTX,...