Politics
White House says SBF meetings concerned pandemic prevention, not just crypto
The press secretary minimized the role that cryptocurrency played in discussions.
Mike Dalton 2 min read
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Hacks
North Korean hackers reportedly stole $1.2B in crypto since 2017
North Korea is allegedly investing these funds into its nuclear missile program.
Exchanges
FTX seeks to recoup SBF’s donations to US politicians
As a part of the restructuring process, FTX's new management led by John Ray III said it will set up a process to accept refunds from recipients of SBF's donations.
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Politics
SBF ‘not currently planning’ on attending Dec. 14 Senate hearing
Talking on a Twitter Space Sam Bankman-Fried stated that he is not currently planning to attend the Wednesday hearing
Adoption
El Salvador buys back sovereign bonds to reduce debt
El Salvador has repurchased $74 million worth of its sovereign bonds maturing in 2023 and 2025.
Regulation
US Congressman defends decentralization, blames SBF, Gensler, CeFi for FTX collapse
U.S. Congressman Tom Emmer said FTX's collapse is not a crypto failure, rather a failure of business ethics, government oversight and regulatory oversight.
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.
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.
Politics
SBF reveals he donated to Republicans & Democrats as lobbying by crypto firms continues ahead of the midterms
FTX CEO Sam Bankman-Fried has revealed he supports bipartisan politicians who push the permissionless finance agenda
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Adoption
Lebanon Locals are turning to Bitcoin, Tether amidst an economic crisis
Crime
SEC charges members of Trade Coin Club for operating 82K BTC crypto Ponzi scheme
Taxes
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
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