FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang

Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang said isn’t conducive to making America a hotbed for blockchain innovation. Speaking at the…

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zkSync developer Matter Labs raises $200M, commits to open-sourcing platform

Matter Labs, the developer behind the Ethereum Virtual Machine-compatible zkSync, has received major industry backing as it pledges to fully open-source its platform — marking the first such initiative for a zk-Rollup technology. Matter Labs confirmed on Nov. 16 that it had…

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Amid FTX collapse, crypto funds see largest inflows in 14 weeks

Inflows into cryptocurrency investment products rose sharply last week as institutional investors bought the dip amid the marketwide collapse triggered by FTX and Alameda Research’s bankruptcies. Digital asset investment products saw inflows totaling $42 million in the week ending Nov. 13, the…

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FTX reportedly hacked as officials flag abnormal wallet activity

Collapsed cryptocurrency exchange FTX reportedly faced a series of unauthorized transactions over the weekend, prompting several warnings from users and analysts against interacting with its mobile app or website. Wallets associated with FTX saw roughly $266.3 million worth of outflows on Nov.…

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