Coinbase says it has no exposure to Genesis, touts ‘strong capital position’

Due to the chain reaction of events following the FTX collapse, the leading exchange Coinbase felt the need to clarify that it has a ‘strong capital position’ amid market turmoil, and has... Read more »

MetaMask Could Soon Launch Its Token Airdrop. Here’s How to Prepare

Key Takeaways MetaMask seems to be moving toward decentralization, which could suggest that an airdrop is on the horizon. Using MetaMask in different ways and interacting with ConsenSys-linked projects could help increase... Read more »

FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack

If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox. Data from on-chain analytics firm Glassnode confirms that the “Mt. Gox... Read more »

DeFi protocol Oxygen held 95% of supply on FTX

Solana-based decentralized prime brokerage platform Oxygen Protocol revealed on Nov. 15 that 95% of its MAPS and OXY tokens supply were held on bankrupt crypto exchange FTX. 1/ The MAPS and Oxygen... Read more »

US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has... Read more »

SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023

The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Options... Read more »

Crypto Traders Are Flocking to DeFi After FTX Exchange Implosion

Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion.... Read more »

Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation

U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire crypto... Read more »

FTX hacker is now one of the largest ETH holders

The hacker who used an exploit to steal funds from the now-bankrupt FTX has emerged as the 35th-largest owner of Ethereum, with a total of 228,523 ETH worth $284.82 million. The FTX... Read more »

Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’

Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Good” PPI... Read more »