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The Latest Breaking News on Can regulation shape cryptocurrencies into useful business assets?

FTX Collapse: CoinDesk Explores Its Sale

The consequences of the cryptocurrency exchange bankruptcy continue to reverberate in the crypto space.

The Street

Are you ready for the return of FTX? New CEO says he may revive bankrupt exchange

In a new interview, the bankruptcy steward said he might restart FTX.com.

Fortune

The clowns of cryptoland haven’t given up

Making money out of failure is morally bankrupt

Financial Times

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3 events that will determine the fate of cryptocurrencies

Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.

WEKU

Latest FTX bankruptcy doc details spending $253 million on Bahamian property and $93 million on politicians

The bankrupt crypto exchange hopes to recover billions of dollars in assets.

Fortune

Crypto bank Silvergate reports $1 billion loss

The company's share price has plummeted following the collapse of its client, FTX.

Fortune

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

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Crypto.com to cut 20pc of jobs as industry rout deepens after FTX collapse

Crypto.com said on Friday it would be reducing about 20pc of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.

Irish Independent

'I Didn't Steal Funds,' FTX's Sam Bankman-Fried Asserts

The former king of crypto has just given his first answers to the allegations of fraud filed against him by regulators.

The Street

Bitcoin Spikes To $19,800 Price After FTX Asset Recovery

Bitcoin price jumped to a one-month high after FTX lawyers announced they recovered $5 billion in liquid assets.

Investors Business Daily

Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

The Street

Good News for FTX Clients: More Than $5 Billion Recovered

Advisers to the failed cryptocurrency exchange have recovered cash and crypto assets that they plan to sell to repay creditors.

The Street

Coinbase Strikes a Massive Blow to Bankman-Fried and FTX

Cryptocurrency exchange CEO Brian Armstrong delivers a scathing critique of his rival.

The Street

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

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The Street

Unusual Statement From Fed Agencies Warns Banks of Crypto Risks

The Fed, OCC and FDIC issue a cautionary statement highlighting concerns they have for banking organizations about the crypto-asset sector.

Tribune News Service

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

The Street

FTX Collapse: Bankman-Fried May Plead Not Guilty

A hearing for the fallen king of crypto is scheduled for Jan. 3 in Manhattan federal court.

WEKU

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

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Tribune News Service

Thanks to FTX, regulating crypto should be easy

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?

Al Jazeera

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

Axios

Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi

The crypto industry suffered a big black eye, but it isn't going anywhere, Armstrong says.

AFP

Crypto firm Binance endures wild weeks in wake of FTX collapse

Paris (AFP) - Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets.

Bloomberg

FTX Claims Are Luring Some Big Players in the Distressed Market

The remains of Sam Bankman-Fried’s former empire FTX Group are drawing interest from some of the largest names in distressed investing, in a daredevil bet that heavily discounted creditor claims on the bankrupt cryptocurrency conglomerate will ultimately pay off.

The Guardian - UK

Jo Johnson resigns from Binance advisory role

The former Tory MP and universities minister stepped back as scrutiny over the cryptocurrency exchange grows

Fortune

Unlike Washington, Andreessen Horowitz has a plan to push forward crypto legislation

Collin McCune worked on the House Financial Services Committee before becoming the firm's new head of government affairs.

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