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LEGAL

Crypto Exchange FTX Files For Bankruptcy, CEO Resigns

Namcios -
FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.
MARKETS

Bitcoin Drops Below $22,000 As U.S. CPI Declines Less Than Expected To 8.3%

Shawn Amick -
Bitcoin failed to hold $22,000 as declines in energy prices drove down U.S. CPI less than expected to 8.3% in August; all other sectors rose MoM.
BUSINESS

Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations

Shawn Amick -
A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans to expand its operations to the U.S. in an interview.
BUSINESS

Milo Launches Bitcoin Mortgage In The U.S.

Namcios -
The fintech announced U.S. and non-U.S. customers alike would soon be able to use bitcoin as collateral to invest in real estate.
MARKETS

US Regulators To Clarify How Banks Can Engage With Bitcoin In 2022

Namcios -
The Fed, FDIC, and OCC plan to share detailed guidelines for US banks interested in engaging with Bitcoin in the coming year.
BUSINESS

Bitfarms Enters US Bitcoin Mining Market With 24 MW Hydropower Farm

Namcios -
The bitcoin miner acquired its first property on American soil in a bid to reduce operating costs and increase margins.
MARKETS

US Government To Auction 4.94 Bitcoin Worth Over $300,000

Namcios -
GSA Auctions will auction 4.94 BTC in five different lots between October 26 and 28, its website shows.
MARKETS

VanEck To Launch Second Bitcoin Futures ETF In The US

Namcios -
VanEck will join ProShares and launch the second ever bitcoin-linked ETF in the United States.
MARKETS

Senator Cynthia Lummis On US Debt Limit Raise: “Thank God For Bitcoin”

Namcios -
The Wyoming Senator delivered a speech saying we're lucky to have Bitcoin amid governmental irresponsibilities.
BUSINESS

BitMEX’s New COO Angelina Kwan Joins the Crypto Space at “An Exciting Time”

Jessie Willms -
An interview with the new COO of cryptocurrency exchange BitMEX, Angelina Kwan: "It is very exciting time for me to be joining the company."
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