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The Latest Breaking News from Crypto

FTX's SBF: I'm the 3rd-biggest GOP donor

The FTX founder says he kept donations private because "reporters freak the f--k out if you donate to Republicans"

Salon

Kraken to lay off 30% of employees

The crypto exchange joins Coinbase, Crypto.com, and Gemini in announcing layoffs this year.

Fortune

Kraken crypto exchange lays off 30% of workforce

Kraken is one of the biggest and longest-standing crypto exchanges.

Axios

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FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

The crypto entrepreneur was thought to be a big donor to Democrats but now acknowledges he gave equally to GOP

The Guardian - US

Coinbase says goodbye to XRP, Bitcoin Cash, and Ethereum Classic

Fortune

‘Inaction is paralysis’: CFTC Chair Rostin Behnam calls for regulation in the wake of FTX’s collapse

His commission has come under scrutiny for its relationship with the exchange and Sam Bankman-Fried.

Fortune

ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse

European Bank criticises digital currency sector for facilitating illegal activity

The Guardian - UK

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Andreessen Horowitz, FTX, and the future of crypto

Unlike fellow Silicon Valley giant Sequoia, a16z did not get tarnished by FTX's collapse.

Fortune

Bitcoin storage company Casa to launch Ethereum wallets as demand rises post–FTX collapse

“As we thought about expanding to Ethereum, the core reason is that our customers have been asking for it,” Nick Neuman, Casa cofounder and CEO, told Fortune.

Fortune

What's a polycule? An expert on polyamory explains

With the collapse of the cryptocurrency exchange FTX, the media shined a spotlight on the personal lives of founder Sam Bankman-Fried and his inner circle.

The Conversation

‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls

Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy

Financial Times

Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats

The former FTX CEO discussed in greater detail donations he made as Democratic Sen. Ron Wyden of Oregon called on crypto exchanges to be more transparent.

Fortune

Beto O’Rourke’s campaign returned surprise $1m donation from controversial crypto billionaire Sam Bankman-Fried

Embattled FTX founder was top donor to Democrats in 2022 midterms

The Independent UK

Russian millionaire Vyacheslav Taran killed in helicopter crash near Monaco

Vyacheslav Taran is the third crypto millionaire to have died in unexpected circumstances recently

Evening Standard

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Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

Fortune

Peter Thiel, BlockFi, and the future of crypto

Peter Thiel, one of Bitcoin’s most powerful advocates, lost both financial and political capital amid November’s crypto wipe-out

The Guardian - UK

The man to thank for Qatar World cup betting ad crackdown: ASA chief Guy Parker

Under its longtime boss, the Advertising Standards Authority is now baring its teeth at greedy influencers, unscrupulous crypto firms and anyone making spurious eco claims

Fortune

Keeping up with the SEC: Here's what Kim Kardashian and your financial advisor have in common

From Kim Kardashian to Tom Brady, celebrity endorsements of crypto and financial products are giving the SEC a headache.

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Birmingham Post

Opinion: 'Don't invest in cryptocurrency or NFTs unless you understand them'

"Just because it’s cheaper, doesn’t mean it’s useful"

Fortune

In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked

Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019.

Daily Mirror

Russian crypto billionaire dies in 'freak' helicopter crash as 'other passenger cancels'

Vyacheslav Taran, who founded Forex Club and Libertex, died in a mysterious helicopter crash in Monaco as it's reported another unidentified passenger was due to join him but cancelled last minute

Roll Call

As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Evening Standard

Sam Bankman-Fried: Crypto’s Wolf of Wall Street

City Voices: Crypto still has a great future despite recent scandals

Evening Standard

Digital exchange Bitfront closes for business as crypto winter bites

The California based company stopped new customer sign ups at 5am today

The Guardian - AU

FTX collapse sends shockwaves through other Australian businesses

Withdrawals now suspended at the Brisbane-based cryptocurrency exchange Digital Surge for more than a week

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