The fallout of one of the largest cryptocurrency exchanges already seems to have ripple effects, diminishing already-dampened confidence among crypto investors. Since the beginning of 2022, crypto …
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Blockstream raises funds for mining at 70% lower company valuation
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity. Source …
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The impact of CBDCs on stablecoins with Bitget’s Gracy Chen
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins. Source …
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Brazilian crypto industry gets regulatory clarity amid global uncertainty
The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets. Source …
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FTX was the ‘fastest’ corporate failure in US history — Trustee calls for probe
The Department of Justice’s U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner. Source …
Sam Bankman-Fried confronted over the fall of FTX in live interview
Sam Bankman-Fried was speaking at the New York Times’ DealBook Summit live on Nov. 30. Source …
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What is the best crypto use case? Community answers
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. Source …
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