Adoption
Politics
Congressman Brad Sherman claims FTX ‘deterred legislation’ with money
Congressman Brad Sherman said his anti-crypto stance was correct all along and urged the SEC to take decisive action.
Analysis
FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins
Illiquid Bitcoin supply spiked over last week, while the top four stablecoin dominance beat Ethereum's.
Investments
SBF seeks to raise liquidity for FTX International; funds to go “straight to users”
According to SBF, FTX US hasn't been affected by the recent events and continues to be liquid.
Bear Market
Crypto Twitter distraught over FTX collapse
There are countless investors who had more than half of their funds on FTX and are concerned if they can ever get them back.
Bear Market
Solana postpones token unlock amid double-dip fears, developers unaffected
Solana's staking lock-in period was supposed to end between Nov. 9 and Nov. 10.
Exchanges
Kraken’s Jesse Powell says crypto community should ‘raise standards’ to put end to bad actors
Expressing his anguish on the FTX collapse, Powell said that the crypto space should stop being trusting and start to verify.
Crypto
CryptoSlate Wrapped Daily: Binance retracts purchase offer for FTX; Bitcoin slumps to $15K levels as stablecoins test dollar peg
Multiple stablecoins drop below $1, Crypto exchanges roll their sleeves to publish proof-of-funds, and much more in this edition of CryptoSlate Wrapped Daily.
Paloma looks to increase transaction volume across multiple chains to improve security – SlateCast #28
Founder of Volume, Taariq Lewis, spoke to CryptoSlate about Volume's host protocol Paloma boosts cross-chain data sharing and shared security.
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls to June lows after Binance announces FTX deal; Coinbase, Kraken undergo downtime
FTX's insolvency is questioned as it stops transactions for two hours, the Bitcoin risk signal turns red, and more in this edition of CryptoSlate Wrapped Daily.
Mining
Marathon Digital’s BTC production slumps 51% in Q3; Revenue takes further hit from falling BTC price
The company pointed at the decreased production, falling Bitcoin prices, and increasing cost of revenues as the main factors that contributed to its net loss.
Exchanges
BitDAO suspects Alameda of dumping BIT tokens, asks for proof of funds
Alameda responded by transferring over 100 million BIT tokens from FTX to Alameda.
Crypto
Nearly 20K Bitcoins moved to Binance from FTX over 48 hours
FTX's Bitcoin holdings fell to 6,000 in November from 80,000 in January, while Binance now holds more than 640,000 Bitcoin.