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Pete Syme
FTX's new boss says security was so weak that founders could 'download half a billion dollars' of crypto without detection, report says
FTX's new CEO described the "massive scramble for information" as liquidators looked to secure customers' passwords and crypto wallets.
Ryan Hogg
Binance will suspend US dollar transfers from Wednesday, and that's reportedly causing millions to flow to rival exchanges
The US arm of the exchange said it wasn't affected by the suspension, but millions of dollar-pegged stablecoins still flowed from the exchange, per CNBC.
Theron Mohamed
The S&P 500 could nosedive 30% this year as a painful recession takes hold, top economist David Rosenberg says
The Rosenberg Research chief warned rising interest rates could hammer stocks and the economy, and also dismissed crypto as a compelling investment.
George Glover
Hackers tied to North Korea stole $630 million in crypto last year in their biggest haul ever, UN reportedly finds
"It isn't a stretch to say that cryptocurrency hacking is a sizable chunk of the nation's economy," blockchain data firm Chainalysis said last week.
Morgan Chittum
The new CEO of FTX charged $690,000 for 2 months of work untangling the failed crypto exchange's chaotic finances
The new FTX CEO previously told the court that his fee would be $1,300 an hour to clean up the failed crypto exchange's mess.
Brian Evans
China's yuan will end US dollar dominance and create a bipolar currency system in the next decade, says 'Dr. Doom' Nouriel Roubini
"The intensifying geopolitical contest between Washington and Beijing will inevitably be felt in a bipolar global reserve currency regime as well."
Pete Syme
FTX has chased politicians like Nancy Pelosi to return donations given before the crypto giant's collapse. They now have a deadline of February 28 to pay.
FTX previously asked for the money to be returned in December; donor recipients now have until the end of February to return funds.
Brian Evans
Crypto industry will 'come up with new things' and national digital currencies are moving ahead despite recent turmoil, BIS says
"I would assume that the industry will learn from these failures and they will come up with new things," head of the BIS Innovation Hub told Reuters.
George Glover
Paul Krugman says not to worry about the dollar weakening despite recent challenges to its dominance
"The dollar's dominance isn't under threat. And even if it were, it wouldn't be a big deal," the top economist said Friday.
Zinya Salfiti
Silvergate shares tumble as the crypto bank's ties to FTX come under a probe by the DOJ's fraud squad
The US Justice Department's fraud unit is probing Silvergate's ties with crypto exchange FTX and its trading arm Alameda.
George Glover
Logan Paul is being sued for promoting a failed crypto game that asked people to buy NFTs but never launched
A proposed class-action lawsuit alleges YouTuber Logan Paul and CryptoZoo promoted NFTs for sale but abandoned the project and held onto buyers' money.
George Glover
Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy's holdings shed $1.3 billion in value last year
"The only real safe haven for an institutional investor is bitcoin," Saylor said on MicroStrategy's fourth-quarter earnings call Thursday.
Sindhu Sundar,Jacob Shamsian
The criminal case against Sam Bankman-Fried and Caroline Ellison could put jilted FTX customers in the backseat
Usually, cooperating witnesses share everything — but prosecutors may be holding back material in the FTX bankruptcy case, according to experts.
Brian Evans
Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin
The Bridgewater Associates founder also told CNBC that he sees China's yuan and digital renminbi making gains.
Carla Mozée
Crypto hackers made off with an unprecedented $3.8 billion in 2022, led by North Korean-linked groups breaking their own theft records
Chainalysis said Lazarus Group, a North Korea-based cybercrime syndicate, was among the most prolific in a record year of crypto thefts.
Theron Mohamed
Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely
Warren Buffett's 99-year-old business partner called out the wild speculation, dearth of regulation, and predatory nature of the crypto industry.
Ryan Hogg
Tesla's bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a 'sideshow'
A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's carmaker dumped at least 75% of its position.
Brian Evans
Crypto is now toxic on Wall Street and an overwhelming majority of traders refuse to touch it this year, according to a JPMorgan survey
A JPMorgan survey of institutional traders found that 72% don't plan on trading cryptocurrencies or digital assets this year.
Jennifer Sor
The meme token named after Elon Musk's dog has soared 200% this year
Floki is another Shiba Inu-themed token, this one named after Musk's dog. It's soaring on plans to "burn" tokens to remove them from circulation.
Theron Mohamed
'Black Swan' author Nassim Taleb warns stocks are hugely overvalued, and the easy-money era is over for investors
Taleb said the stock market is too expensive relative to current interest rates, championed Warren Buffett's investing style, and trashed bitcoin.
Zahra Tayeb
Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
According to an examiner's report, Celsius' logged its finances in 15 QuickBooks files and failed to produce consolidated statements to the court.
Jennifer Sor
Sam Bankman-Fried wanted to regain control of FTX by moving assets and getting better treatment from foreign regulators, Justice Department says
Sam Bankman-Fried has stated he regrets the decision to have FTX file for bankruptcy and maintains that some parts of the business remain solvent.
Morgan Chittum
Bitcoin and other cryptos slump as the Fed gets ready to raise interest rates again
Dogecoin bucked the wider downward trend. The meme token surged 10% on Tuesday amid reports of Elon Musk's plan for Twitter payments.
Carla Mozée
Elon Musk's reported payments plan for Twitter sends dogecoin skyrocketing 10%
The prospect of dogecoin being a part of a Twitter payments ecosystem has ramped up the meme coin's gain for January.
Ryan Hogg
Ponzi probe finds bankrupt crypto lender Celsius wasn't doing business the way it told customers
Court-appointed examiner Shoba Pillay said the bankrupt Celsius Network acted as the market maker for its native token, and misled customers.
