ICYMI: Bitget starts operations in Brazil: InfoMoney
Temasek, Singapore's sovereign wealth fund that manages some $300 billion, has written down hundreds of millions of dollars of investment in FTX to zero.
The shift in power will impact negotiations around new rules for digital assets, giving Republicans increased leverage in Congress to influence policy around stablecoins and oversight of crypto’s spot markets, as well as the ability to put more oversight pressure on regulators.
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The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto worldSam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.
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First Mover Asia: Bitcoin, Ether Rise Late Despite FTX FatigueLicensed custodians could help safeguard customer assets being held on exchanges and prevent a repeat of the type of situation that led to FTX's implosion; bitcoin moves into the green late Monday. TheSamReynolds and JPRubin23 report
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Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'“Unless you're very experienced, very mature, very confident, and can handle the risk, I would recommend most people just hold for this period of time,” said Binance CEO Changpeng Zhao in a recent Twitter Spaces.
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Ukrainian pro-crypto groups announce Web3 roadmapThe roadmap proposes a set of measures for promoting Web3, such as the launch of a regulatory sandbox for blockchain and Web3 projects and the creation of a national blockchain-backed land and realty register.
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The End of the Hidden Crypto Business Era | HackerNoonFollowing the recent FTX crises, this article explores the nature of trust in crypto and how it relates to privacy, transparency and the future. - cryptocurrency crypto
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Crypto readies itself for a post-FTX hose-down by The ExchangeThe collapse of Sam Bankman-Fried’s empire exposed the vulnerabilities of a vast, unregulated world of digital finance. Rivals like Circle CEO Jeremy Allaire hope to prove there’s a safer side of crypto worth saving. He presents his case in this episode of The Exchange podcast.
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