What to expect from crypto regulation in the wake of the FTX scandal • ZebethMedia

At our TC Sessions: Crypto event last week in Miami, I sat down with Bitwise Asset Management General Counsel and Chief Compliance Officer Katherine Dowling, Perkins Coie Partner Sarah Shtylman and Paradigm Policy Director Justin Slaughter to talk about the crypto regulation landscape, with a specific focus on the U.S. What we didn’t know heading […]

Can gaming resurrect the NFT market? OpenSea thinks so • ZebethMedia

Today at ZebethMedia’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business, and the future market for non-fungible tokens. The digital assets, better known by the acronym ‘NFT,’ saw their stock rise during the 2021-era crypto boom. NFTs became synonymous with neo-wealth bubbling up from the blockchain economy, as a number of image […]

The FTX implosion is an opportunity to learn • ZebethMedia

At ZebethMedia Sessions: Crypto 2022, Chainalysis CPO Pratima Arora, Tezos co-founder Kathleen Breitman and Ledger CEO Pascal Gauthier talked about security in the crypto industry. And a good chunk of the discussion was spent talking about the collapse of FTX. “First of all, I don’t think it is over,” Pascal Gauthier said. “In the FTX […]

Bahama homes were purchased with FTX corporate funds • ZebethMedia

A new bankruptcy filing, first reported by CNBC, shows that FTX’s corporate funds were used to purchase homes in the Bahamas among other personal items. The details arise less than a week after the now infamous crypto exchange filed for bankruptcy – a decision that founder and former CEO Sam Bankman-Fried said he regrets. FTX’s […]

‘I’m worried about the overall lack of LP appetite going forward.’ • ZebethMedia

During an unprecedented bull run, crypto-focused investors raised, and deployed, billions of dollars in capital. But now, not only are VCs operating in a bearish crypto market, they are navigating the fallout of the FTX collapse and the potential impact it will have on their investment strategies moving forward. Double Down founder and general partner […]

Zulu banks $5M for its LatAm digital wallet amid shaky ground for crypto • ZebethMedia

With new information coming to light about the FTX saga every day, it’s certainly an interesting time for cryptocurrency. Just ask our ZebethMedia colleagues at TC Sessions: Crypto today. As we figure out if any of this has damaged trust in the industry and funding for startups, adoption of crypto in Latin America continues to […]

Is web3 really the new phase of the internet? • ZebethMedia

We are on the verge of a new phase of the web, or so the story goes. Its proponents have labeled it web3. While last week’s implosion of systemically important crypto exchange FTX showed that the tech industry is far from realizing that vision in terms of execution, the concept of web3 has been a […]

“We were the last straw that broke the camel’s back” • ZebethMedia

Binance co-founder and CEO Changpeng Zhao, also known as CZ, commented on the collapse of FTX at ZebethMedia Sessions: Crypto 2022. He played down his personal role in the series of events that ultimately led to FTX filing for bankruptcy. “I still don’t think I have that much influence. I think we were the last […]

Binance chief says crypto exchange doesn’t currently see a viable business in India • ZebethMedia

Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key web3 power house. But what does Changpeng “CZ” Zhao, arguably the most powerful and influential figure in the crypto industry, think about the potential of […]

Singapore’s Temasek writes down $275M investment in FTX • ZebethMedia

FTX’s investors are continuing to deal with the fallout from the cryptocurrency’s bankruptcy. In a statement today, Temasek, the investment firm owned by Singapore’s government, said it write down its full investment in FTX, “irrespective of the outcome of FTX’s bankruptcy protection filing.” Temasek invested $210 million USD in FTX international, giving it a minority […]

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