Lending
Nexo bows out of US on regulatory uncertainty
Nexo stated that its "18 months of good-faith dialogue with U.S. state and federal regulators" had not yielded desired results.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Legal
Sam Bankman-Fried may not testify before US Congress on Dec. 13
In his several media interviews, SBF has maintained that he knew nothing about what caused FTX collapse, attributing it to mistakes detected late.
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over 8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.
Latest US Crypto News & Analysis
Bankruptcy
SBF had detailed info on Alameda’s finances as recently as March, Forbes reveals
Bankman-Fried has sent Forbes documents showing his ownership stakes in Alameda (90%) and FTX (around half) and screenshots of wallets holding cryptocurrencies in January 2021.
Bankruptcy
FTX Japan to unfreeze withdrawals of client funds
The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.
Macro
Bitcoin drops 1.4% on better-than-expected US payroll data
The leading cryptocurrency dropped to $16,780 in response to a buoyant labor market stoking inflation risk.
CBDCs
US lawmakers question private firms’ role in development of a CBDC
The lawmakers said there was not enough transparency surrounding the roles of the private companies involved in Project Hamilton.
Crypto
CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake
15 million Bitcoin goes into self-custody, CFTC chair claims Bitcoin is a commodity, and much more in this edition of CryptoSlate Wrapped Daily.
Regulation
CFTC Chair Rostin Behnam snubs Ethereum, claims only Bitcoin is a commodity
In an apparent U-turn on Ethereum's commodity status, the CFTC Chair said only Bitcoin fits the description of a commodity.
More US Crypto News Headlines
Banking
SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle
Adoption
Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov
Bankruptcy
Insights on Sam Bankman-Fried’s ‘dark’ Republican political donations
Exchanges