Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.
SBF received $1B in personal loans from Alameda: FTX bankruptcy filing
Documentation related to FTXs bankruptcy proceedings revealed the firm was mismanaged on multiple levels. FTX Group was reportedly composed of multiple companies categorized into four silos. A $1 billion personal loan was reportedly allocated to former FTX CEO Sam Bankman-Fried from one of those silos. The documentation also revealed many other holes and oddities relating to the function of FTX. Several regulators are reportedly looking into FTX, including the Securities Commission of the Bahamas. The Financial Industry Regulatory Authority, a self-regulatory U.S. organization, has also opened a broader investigation into crypto-involved companies in general, evaluating their communications with the retail public.
Binance creates industry recovery fund to help projects struggling with liquidity
NY Fed launches 12-week CBDC pilot program with major banks
The FTX contagion: Which companies were affected by the FTX collapse?
SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023
Bitcoin price may still drop 40% after FTX Lehman moment Analysis
Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after
Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
FTX crisis could extend crypto winter to the end of 2023: Report
Blockchain and the worlds growing plastic problem
Designing the metaverse: Location, location, location
Banks still show interest in digital assets and DeFi amid market chaos
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