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Bankrupt crypto exchange FTX begins strategic review of global assets

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FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval.

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Coin Market

Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

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Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.

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Coin Market

The blockchain trilemma: Can it ever be tackled?

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Blockchain trilemma is arguably the hardest technical problem to solve within Web3. How are blockchain networks approaching this?

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Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

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BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000.

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