Crypto

Crypto

Finance

Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure

Salt Lending said it had halted all deposits and withdrawals on its platform.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Finance

ConsenSys Economist Still Has Hope for Crypto After FTX's Fall

Lex Sokolin said the sector can thrive if people develop useful applications based on blockchain technology.

ConsenSys' Lex Sokolin is still optimistic about the prospects for crypto, despite FTX's sudden collapse.  (CoinDesk)

Policy

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse

In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

Crypto representatives testifying at Treasury Committee (UK Parliament)

Opinion

After FTX: Rebuilding Trust in Crypto’s Founding Mission

For an industry built on the principle of decentralization, we had a lot of trust in one 30-year-old. Understanding why is key to a more sustainable future for crypto.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Opinion

The Key to Taxing Digital Assets Is Finding the Right Cubbyhole

The government may write special rules regarding the treatment of the new asset within the cubbyhole, but there will be an existing tax bucket for every new idea, says KPMG's Tony Tuths.

(Kelly Sikkema/Unsplash)

Opinion

Let’s Actually Commit to Proofs of Reserve This Time, OK?

Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.

The collapse of crypto exchange FTX under Sam Bankman-Fried raises the issue of proofs of reserve. (CoinDesk)

Finance

Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX

In an announcement to shareholders on Monday, New Huo Technology Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets.

Hong Kong, China Cityscape (Unsplash)