Cryptocurrency Analysis and News Portal
FTX declared bankruptcy this month with $900 million in assets against $9 billion in liabilities. Its founder and former CEO, Sam Bankman-Fried, is being questioned by police in the Bahamas, and many customers are unable to withdraw their deposits. Its holdings of Serum’s SRM, a token Bankman-Fried developed, dropped from
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
"The CFTC is not suing technology, as Amici claim: The CFTC’s action is not against the blockchain-based Ooki Protocol, but against the Ooki DAO — an association that acts and makes collective decisions regarding the Ooki Protocol through voting by its governance token holders," the CFTC argued. "The factors Amici
Read More
LedgerX, which does business as FTX US Derivatives after being acquired in 2021, filed a plan to directly settle crypto derivatives, cutting out intermediaries, earlier this year. The move met with opposition from traditional financial players, such as Cboe, which warned that there may be investor safeguard and protection concerns. Original
Read More
Kristin N. Johnson discusses the FTX fiasco and why Congress should take a pragmatic approach in closing the regulatory gap. Source
Read More
"The uses of remarkably sophisticated trading technology in the digital asset ecosystem are, in fact, exceedingly competitive, particularly those strategies focused on capturing arbitrage gains or rents that, by definition, may be fleeting and elusive," she added. Original Source
Read More
The CFTC oversees futures markets of commodities, bonds and foreign-exchange products, while the Securities and Exchange Commission oversees securities markets, including those for stocks and bonds. It remains unclear which agency will regulate crypto spot markets, though it appears both agencies want to do that. The CFTC currently regulates crypto
Read More
CFTC Staff Recommend Rejecting Kalshi's US Election Contracts: Bloomberg Original Source
Read More
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox
Read More
Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto markets are similar to those experienced by the traditional financial (TradFi) system during the global financial crisis (GFC) of 2008. Romero
Read More