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The Latest Breaking News from Crypto

Former FTX CEO Sam Bankman-Fried is sending one-letter tweets

The 30-year-old FTX founder published a mysterious tweet thread over the weekend and added to it on Monday as he’s roasted by Crypto Twitter.

Fortune

Accumulation Or Distribution? Decision Time For Bitcoin After FTX Fall Out, Binance Industry Offer

Bitcoin (CRYPTO: BTC) jumped almost 6% at one point during Monday’s 24-hour trading session before selling off to trade mostly flat by midafternoon.

Benzinga

‘We’ll prove them all wrong.’ Crypto backers defend sector in the wake of FTX crash

Cryptocurrency could survive the current downturn, but even industry backers say regulators need to step in.

Fortune

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Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale

Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto exchange filed for bankruptcy

The Guardian - US

Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

The Independent UK

SoftBank Can't Catch A Break: Fund Invested $100M In FTX

Japanese conglomerate holding company SoftBank is positioned to take a big hit from its investments in bankrupt cryptocurrency exchange FTX. The FTX losses are just the latest in a long string of disastrous investments for SoftBank in recent years that have resulted in billions of dollars of losses.

Benzinga

Miami says goodbye to FTX Arena

The crypto exchange also had sponsorship deals with Major League Baseball and a Formula 1 team, plus agreements with individual athletes.

Fortune

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Crypto: what could more regulation mean for the future of digital currencies?

The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$2 trillion (£1.7 trillion).

The Conversation

Someone stole $400M from FTX over the weekend. Here’s what we know so far

On Friday night, news began to filter in that hundreds of millions of dollars were flowing out of FTX wallets.

Fortune

Omni Crypto Wallet Integrates With Ledger: Crypto's Most Accessible Wallet Levels Up Its Security Options

Omni has integrated with the leading hardware wallet brand Ledger to provide best in class security options to its users. Ledger has been making hardware wallets since 2014, and with millions of crypto investors using Ledger, it’s the most widely trusted hardware wallet in the industry.

Benzinga

Ethereum's Vitalik Buterin Is Planning This Cryptocurrency Safeguard, Changpeng Zhao Tells Benzinga In Twitter Space

Binance CEO (CRYPTO: BNB) Changpeng Zhao on Monday said Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is planning to come up with a protocol for exchanges to auto

Benzinga

The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

WEKU

Crypto.com’s sinking token stirs fresh anxiety after FTX wipeout

The one constant in digital assets right now is fear and its latest object is Crypto.com, an exchange whose sponsorship of sports like Formula One racing and the soccer World Cup have popularized its brand.

The Times of India

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Reason

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Fortune

How everyone fell for SBF—including me

Too many of us fell for SBF’s great story—and at some point stopped checking references.

Benzinga

Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14

Reuters

Fortune

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

Fortune

Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

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Axios

The week the crypto dream died

FTX, SBF and the week the crypto dream died

The Guardian - UK

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

Fortune

Most CFOs never liked crypto—even before FTX's collapse

The fall of one of the largest cryptocurrency exchanges is a finance horror story.

The Guardian - UK

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

The Independent UK

FTX bankruptcy also endangers founder's philanthropic gifts

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement

Financial Times

How North Korea became a mastermind of crypto cyber crime

Cryptocurrency theft has become one of the regime’s main sources of revenue and underlines the lack of regulation of digital assets

ABC News

ASX reverses early gains, Elders plunges on outlook, miners soar as China eases curbs

Australian shares reverse early gains, as China eases some of its strict COVID-19 rules, spurring hopes of a recovery in demand.

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