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From the NY Times to WaPo, the media is fawning over Bankman-Fried

Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder. Source: https://cointelegraph.com/rss From the NY Times to WaPo, the media is fawning over Bankman-Fried

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Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Source: https://cointelegraph.com/rss Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

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Crypto Twitter calls for calm after wETH insolvency joke goes viral

Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke. Source: https://cointelegraph.com/rss Crypto Twitter calls for calm after wETH insolvency joke goes viral

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FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from “hype cycles” and towards “real utility.” Source: https://cointelegraph.com/rss FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

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Taking down crypto influencers is one step that would help to heal the market

The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead. Source: https://cointelegraph.com/rss Taking down crypto influencers is one step that would help to heal the market