SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers. Go to Source
Cryptocurrencies
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Rising M2 money supply will see crypto become ‘supermassive black hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply as the majority of the bull runs in the past coincided with the rise in fiat supply. Go to Source
‘Fuck regulators,’ said SBF behind closed doors: Report
The disgraced crypto executive frequently praised the need for crypto regulation in public. Go to Source
Bitcoin’s bull move might not be over yet — Here are 3 reasons why
Bitcoin options market positioning and BTC’s daily chart suggest another bull move could be in the making. Go to Source
CME becomes second-largest Bitcoin futures exchange as open interest surges
The surge in CME Bitcoin futures OI has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. Go to Source
Singapore plans joint crypto pilots with Japan, Switzerland and UK
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. Go to Source
Thailand’s KBank acquires crypto exchange business Satang
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto business Satang. Go to Source
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Go to Source
Community-powered crypto trading: CryptoRobotics joins Cointelegraph Accelerator
CryptoRobotics, a one-stop-shop trading platform, offers trading bots, autostrategies and signals while fostering a community-driven mission to outperform the market. Go to Source
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
According to customer emails, the changes will go into effect on Nov. 30. Go to Source