FTX goes up in flames and impacts broader crypto industry, causing regulators to respond: Hodler’s Digest, Nov. 6-12 By Cointelegraph
FTX goes up in flames and impacts broader crypto industry, causing regulators to respond: Hodler’s Digest, Nov. 6-12
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.
FTX and Binances ongoing saga: Everything thats happened until now
An earthquake rattled the crypto space this week, its impact felt in numerous related stories regarding FTX, Alameda Research and Binance. Although the bad news came rolling in this week, suspicions relating to FTXs status appear to have started on Nov. 2. The concerns had to do with a large number of (FTT) held by Alameda (Sam Bankman-Fried, aka SBF, founded Alameda and co-founded FTX). By Nov. 6, Binance had decided it would sell its sizable position in FTT. FTX withdrawal issues surfaced on Nov. 7, symptomatic of a bank run. Binance expressed interest in buying FTX but declined the purchase, citing concerns on Nov. 9.
Breaking: Bahamas securities regulator freezes FTX assets
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White House says prudent regulation of cryptocurrencies is needed, hinting at situation with FTX
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price bottom takes shape as old coins hit a record 78% of supply
Report: freezes $46M of FTXs USDT, setting new precedent
Bitcoin miner Iris Energy faces $103M default claim from creditors
BlockFi limits platform activity, including a halt on client withdrawals
How to stop your crypto community from imploding
Some central banks have dropped out of the digital currency race
Could Bitcoin have launched in the 1990s Or was it waiting for Satoshi?
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