Get the latest on FTX, Digital Currency Group, and more in this week's Crypto Biz. (Reporting via forgeforth_)
Democratic groups — the DNC, the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee — that have returned SBF-linked donations in December 2022. Will the rest follow?
As FTX seeks clawbacks, the Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have agreed to a restructuring plan. The good news is that Genesis account holders will get most of their money back if the deal is finalized. This week’s Crypto Biz revisits familiar stories surrounding FTX and the Digital Currency Group and breaks down crypto’s failure to win public trust.The rise and fall of Sam Bankman-Fried was shrouded in extreme controversy after we learned the FTX founder was
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Kraken's Head of Strategy on Crypto Winter, FTX FalloutKraken Head of Strategy Thomas Perfumo discusses what's next for the exchange following a year of crypto price collapses and a wave of industry bankruptcies. Perfumo also discusses the decision to close Kraken's Abu Dhabi office and the lingering crypto contagion concerns in the wake of FTX's collapse.
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Hut 8 merger would've happened even without FTX or crypto turmoil, says CEOThis week’s big Bitcoin mining merger would have gone ahead regardless of what's happened in recent months, according to Hut 8 CEO Jaime Leverton.
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The Collapse of FTX and Its Impact on Crypto Payments | HackerNoonContending with a series of scandals and bankruptcies, 2022 marked one of the biggest market collapses. - cryptocurrency payments
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Crypto exchange C3 raises $6 million, aiming to fix FTX flawsCrypto exchange C3 aims to fix a big flaw exposed in the collapse of FTX. Its cofounders just raised $6 million from hedge fund Two Sigma's venture arm.
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Crypto Exchange C3 Raises $6M to Offer FTX AlternativeDecentralized exchange C3protocol raises $6 million in a round that was led by TwoSigmaVC and included several traditional finance players. BrandyBetz reports
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Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearingThe U.S. Senate Banking Committee has announced three witnesses for its Feb. 14 hearing titled ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’.
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