Bitcoin output from exchanges rose to 179 thousand; Binance aims to allocate $1 billion for a crypto recovery fund; United Arab Emirates has terminated FTX’s license.
Bitcoin bond bill submitted to parliament in El Salvador; US Senator Elizabeth Warren: "Cryptos will destroy the economy!"; Letter from Sam Bankman-Fried to FTX employees: “We may still have a chance.”
Tornado Cash developer Alexey Pertsev will remain in detention; Most FTX assets are stolen or lost, a bankruptcy advisor says; India launches the digital rupee in December!
Cardano will launch a new algorithmic stablecoin; The monthly amount of BTC withdrawn from exchanges broke a record; and FTX subsidiary Liquid will cease all operations.
FTX bankruptcy sparks crisis between US and Bahamas; Exchanges’ Bitcoin reserves melt away after the FTX crisis; US Senator Warren and Durbin demand answers from Bankman-Fried.
Nayib Bukele: El Salvador will start buying 1 Bitcoin every day; Alameda Research withdraws 55 million USDC from Circle; and FTX's domino effect: Genesis' crypto credit unit has stopped withdrawals.
1inch tries to optimize gas prices with the new Router v5; FTX collapse could accelerate layoffs in the crypto industry; Exchanges stop listing FTX Token pairs.
Binance creates recovery fund for crypto projects in a cash crisis; Elon Musk: “A long crypto winter awaits Bitcoin;” US lawmaker blames ‘billionaire crypto bros’ for delayed legislation
Bitcoin is a record in a distributed public ledger (blockchain). Bitcoin is used as a payment system, an investment instrument, and a financial instrument for speculative trading. Cryptography is used to protect the blockchain network.
