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Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges. Source: https://cointelegraph.com/rss FTX illustrated why banks need to take over cryptocurrency
The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.” Source: https://cointelegraph.com/rss Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. Source: https://cointelegraph.com/rss FTX leadership pressed for information by US subcommittee chairman
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Source: https://cointelegraph.com/rss Grayscale cites security concerns for withholding on-chain proof of reserves
Let’s ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values. Source: https://cointelegraph.com/rss The fall of FTX and Sam Bankman-Fried might be good for crypto