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.
Zeynep Geylan 2 min read
North America News
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Bankruptcy
SkyBridge founder plans to buy back 30% stake FTX, appeals to SBF to come clean
FTX Ventures purchased 30% of SkyBridge in September, providing capital for SkyBridge to expand, develop new products, and introduce cryptocurrencies.
Exchanges
US Congressman says SEC’s Gensler allegedly had dubious ties to FTX, promises investigation
The crypto community is questioning the relationship between SEC Chair Gary Gensler and the FTX founder, with many labeling it shady.
More North America Crypto News & Analysis
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.
Bankruptcy
FTX reaches out to Kraken for help as it scrambles for $9.4B bailout; Alameda owes exchange $10B
The latest development emanates after the CEO of the cryptocurrency exchange, Sam Bankman-Fried, said he's working on emergency moves to raise funds
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.
Macro
Bitcoin spikes to $17,800 on better than expected CPI data
The price of Bitcoin spiked 7.5% on news of better than expected inflation data.
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.
Latest North America Crypto News Headlines
Bankruptcy
‘Do not view it as a ‘win’ for us’: Binance’s CZ says on FTX acquisition
Exchanges
Galaxy Digital reports $76.8M exposure to FTX
Investments
Canada’s third-largest pension fund invested in FTX at $32B valuation
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