Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, the report said. Source
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First Mover Americas: FTX's Troubles in Paradise
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Sam Bankman-Fried's Frequent Commenting Draws Icy Response From FTX's Restructuring Chief
The Twitter thread stresses SBF’s resignation from the exchange and affiliated companies. Source
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Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ
BlockFi has paused withdrawals and customer deposits. Original Source
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Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout
Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week. Original Source
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Matrixport's BTC Fixed Income Product Affected by FTX's Collapse
The firm faces no risks of insolvency, Matrixport's spokesperson told CoinDesk. Original Source
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FTX's 'Effective Altruism' Future Fund Team Resigns
In an open letter, the team says they are unable to perform their work or process grants and has "fundamental questions" about the legitimacy and integrity of business operations. Original Source
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Most of FTX's Legal and Compliance Team Quit: Report
Semafor, a news organization that FTX's Sam Bankman-Fried invested in, cites people familiar with the matter. Source
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FTX's Bitcoin Balance Plunges to Just One
Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass. Original Source
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Crypto Exchange FTX's CEO Visited White House Amid Regulatory Fight
Sam Bankman-Fried and FTX’s regulatory team met with White House policy advisor Charlotte Butash and counselor Steve Ricchetti in May. Source
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