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Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing

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“You have witnessed probably one of the most abrupt and difficult collapses in the history of corporate America,” an attorney for FTX said...

Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached

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Users who have lost millions suspect 3Commas of leaking sensitive API credentials, but the firm insists that it is not to blame for...

First Mover Americas: Bitcoin Drops as FTX Fallout Spreads

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The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 22, 2022. First Mover is CoinDesk’s daily newsletter that...

Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients

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Bybit, the 35th largest exchange by trading volume according to CoinMarketCap, joins Binance, the largest, in trying to turn the industry tumult of...