Tuesday, November 11, 2025
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FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB

The Financial Stability Board (FSB) — the global body that monitors the financial services industry — released a report on Nov. 28 claiming the crypto industry might need additional regulations to prevent another catastrophe on the scale of the FTX scandal.According to the report, the FSB said the market turmoil

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Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws

A recent video from blockchain security firm CertiK made a series of “inaccurate” claims about a potential security vulnerability in Solana’s crypto-enabled Saga phone, Solana Labs has said. In a Nov. 15 post on X (formerly Twitter), CertiK claimed the Saga phone contained a “critical vulnerability” known as a “bootloader unlock”

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Ex-employee exposes risk management flaws at FTX, Alameda

Aditya Baradwaj, a former employee at Alameda Research, recently illuminated the risky, rapid operational practices at FTX and Alameda, pointing to skipped safety protocols. In a Twitter thread, former Alameda Research employee Aditya Baradwaj looked inside the lack of risk management policies and procedures at cryptocurrency exchange FTX and trading firm

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Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ the Bank for International Settlements (BIS) Said After the FTX and Terra Collapses

Despite the millions of retail and institutional investors getting involved in the growing sector, “crypto has so far failed to harness innovation to the benefit of society,” said the report, prepared for a meeting of G20 finance ministers and central bank governors due to take place in Gandhinagar, India this

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