Regulation
FTX fallout motivates Hong Kong watchdog to draft new rules
Hong Kong will also launch a public consultation to monitor the situation in crypto.
Zeynep Geylan 2 min read
Bear Market News
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Investments
Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan
The $70M fund is moving to Taipei as it considers the launch of a Fund 2 along with new staff hires
Analysis
Analyzing the WBTC FUD after the FTX collapse and its depeg
This article analyzes WBTC on-chain indicators and the FUD around the asset’s depeg.
Latest Bear Market News & Analysis
Tokenization
Brazil Fan Token drops 50% fall in hours after the Croatia World Cup loss
BFT was launched by Brazil's government and football federation on August 25, 2021, offering special privileged experiences to investors and sports fans.
Analysis
Genesis Block customer funds sent directly to Alameda accounts before FTX fall out
The reports came out after an ex-Genesis Block customer shared more than two dozen Genesis Block transactions with Dirty Bubble Media.
Research
Research: Analysis of on-chain metrics suggests Bitcoin is firmly in capitulation phase
Glassnode data on Bitcoin: Entity-Adjusted NUPL reveals Bitcoin has sunk firmly into capitulation with a market bottom potentially in sight.
Exchanges
WazirX to share Proof of Reserves with the public
WazirX announced that it will conduct an audit of its cryptocurrency reserves and share proof with public to build trust.
DeFi
Ethereum developers to include EOF implementation in Shanghai upgrade
Ethereum developers agree to include EOF implementation in Shanghai upgrade, with conditions to ensure timely staked ETH withdrawals.
Bear Market
Amber Group reportedly set to end $25M Chelsea deal, lays off 40% of workforce
Amber Group was caught up in the FTX contagion but set to survive by cutting costs across the board.
More Bear Market News Headlines
Featured
SBF claims ‘You won’ as he hits back at CZ defamatory Twitter thread
Bear Market
Huobi predicts crypto market bottom in early 2023
Banking
Signature Bank shrinks crypto-tied deposits by $8-10B
Bankruptcy
