FTX

Ontario Teachers' Pension Plan, one of Canada's largest pension funds with nearly $250 billion in assets under management (AUM), will write down the entirety of its $95 million investment in FTX after the troubled crypto exchange filed for bankruptcy protection. And Genesis Block will cease over-the-counter (OTC) trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to a Reuters report. Genesis Block Trading is unrelated to Genesis Global Capital, which is owned by Digital Currency Group (DCG). DCG is also the parent company of CoinDesk.

Nov 18, 2022

CoinDesk Markets Managing Editor Brad Keoun and Tech Managing Editor Christie Harkin review the impact of crypto exchange FTX's implosion on bitcoin as the cryptocurrency continues to trade sideways around $16,000. Plus, what it reveals about the need for self custody and the state of the crypto industry.

Nov 18, 2022

CoinDesk's Brad Keoun and Christie Harkin discuss their outlook for bitcoin (BTC) outflows from centralized exchanges and the wider crypto markets amid the continued FTX contagion.

Nov 18, 2022

On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market cap has plunged to $319 billion from above $1 trillion last November. The current market cap for the industry hasn’t been this low since early last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 18, 2022

The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. "The Hash" panel discusses the latest developments in FTX's bankruptcy.

Nov 18, 2022

Finance

Згідно з раніше невідомими деталями, більшість із 420 мільйонів доларів, зібраних у жовтні 2021 року, надійшли безпосередньо до Bankman-Fried, повідомляє Wall Street Journal.

By Nelson WangNov 18, 2022

The European Union may ban banks and crypto providers from dealing in privacy-enhancing coins, under a leaked draft of a money laundering bill obtained by CoinDesk. Secret Foundation founder Tor Bair discusses the future of privacy coins and the fallout of crypto exchange FTX.

Nov 18, 2022

"The Hash" panel discusses the parallels and differences between the implosions of crypto exchange FTX and the fall of the most infamous business fraud in American history – the Texas-based energy trading con Enron (ENE).

Nov 18, 2022

Як крах FTX сприятиме децентралізованому Фінанси?

By Sam KesslerNov 18, 2022

By Adrian Blust, Adam B. LevineNov 18, 2022