FTX

US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse
Fidelity now allows companies to offer its digital assets account as part of their 401(k) line up.

El CEO de Binance busca inversiones en Oriente Medio para un fondo de recuperación del mercado cripto, según reporte
Binance planea poner en marcha un fondo de recuperación para asistir a los proyectos con fundamentos sólidos que están sufriendo problemas de liquidez.

Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.

Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
Court-appointed liquidators for FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy protection in Delaware.

CoinFund President on FTX Contagion Fears
According to a Bloomberg report, Genesis Global Trading is in talks with potential investors for at least $1 billion in fresh capital. CoinFund President Chris Perkins discusses the state of the crypto industry as it continues to suffer ripple effects from the collapse of crypto exchange FTX. Genesis and CoinDesk are both owned by the Digital Currency Group.

US Senators Ask Regulators for a 'Review' of SoFi’s Crypto Offerings
U.S. senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Chris Van Holland (D-Md.) and Tina Smith (D-Minn.) wrote open letters to digital finance company SoFi and several bank regulators, asking for a "review" of SoFi's crypto offerings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the concerns about SoFi’s expansion into crypto business. Plus, what to expect from today's FTX court hearing.

Nansen Research: The Collapse of Alameda and FTX
Blockchain analytics firm Nansen has published a new report diving into the collapse of FTX. Nansen Research Analyst Niklas Polk discusses the key takeaways and whether on-chain data suggests FTX's implosion was inevitable.

FTX Collapse Spiked Correlation Across Sectors in CoinDesk Market Index
The Digital Asset Classification Standard (DACS), created by CoinDesk Indices, shows correlations between the six sectors spiked massively following the fallout of FTX. Managing Director Jodie Gunzberg explains.

On-Chain Data Shows the Close Ties Between FTX and Alameda: Nansen
On-chain traces of FTT token transactions since 2019 show the "very, very connected" ties of both Sam Bankman-Fried's companies – Alameda Research and FTX. Nansen Analyst Niklas Polk dissects the data.


