Derivatives
Politics
US Senators urge Fidelity to drop BTC amid FTX fallout
Three U.S. Senators urged Fidelity to reconsider its decision to offer Bitcoin exposure in its 401(k) plans, saying the FTX fallout revealed the volatile, tumultuous, and chaotic nature of the crypto industry.
Banking
What’s going on with Silvergate, the bank that props up the U.S. crypto market?
The crypto-focused bank says FTX's bankruptcy will have little effect on it. But the broader market downturn could bring Silvergate to its knees if its other large depositors continue struggling.
Price Watch
Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate
Confidence is shook, aggressive selling pressure but who is selling, long-term or short-term Bitcoin holders?
Outage
Nexo resolves real-time audit outage laying insolvency rumors to rest
Nexo representatives told CryptoSlate the bug in its real-time audit attestation was successfully resolved.
Exchanges
Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout
Gemini said it is working with Genesis to help customers redeem their funds from the Earn program "as quickly as possible" but did not specify when withdrawals might resume.
Research
Huobi, Gate.io, Crypto.com see spikes in flow to FTX
Data analyzed by CryptoSlate showed sharp spikes in interexchange flows to FTX, with the most notable one being from Huobi.
DEX
DEX trading volumes spike as users leave CEXs en masse
The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.
Exchanges
CZ says industry is in pain but it’s business as usual at Binance
The FTX fallout hasn't affected Binance, which is working on establishing a "global industry organization" for the crypto space and act as a "guinea pig" for Vitalik Buterin's proposed Proof-of-Reserves protocol.
Research
Crypto market sees biggest miner selling pressure since January 2021
The ongoing market slump caused by the FTX fallout hasn't left Bitcoin miners unscathed. The market has seen the biggest one-day miner selling pressure…
Research
M2 money supply could be a better measure of inflation than CPI
A look at the global M2 money supply, its connection to Bitcoin, and significance in showing the true scope of inflation.
Research
FTX, Alameda used Binance as intermediary for their parasitic relationship
CryptoSlate's in-depth analysis of on-chain data reveals the relationship between FTX and Alameda and how the two companies siphoned money off of each other using Binance as an unsuspecting intermediary.
Regulation
SEC’s Gensler says more investor protection is needed after FTX fiasco
SEC Chairman Gary Gensler said the crypto industry needs better investor protection and investor education to avoid another FTX scenario.
