In a statement to Cointelegraph on Nov. 10, CCI CEO Sheila Warren said the council had accepted FTX US’ resignation as an associate member of the group. The firm’s departure came amid crypto exchange FTX reporting liquidity issues, leading to volatility across the market and concerns from global regulators and lawmakers.

Anatoly Yakovenko, co-founder of Solana Labs, said on Twitter, "Solana Labs, a US corp, didn't have any assets on ftx.com, so we still have tons of runway, and luckily still a small team."

The move comes after Solana has plummeted 40% in 24-hours due to its link with the beleaguered Sam Bankman-Fried empire.

Crypto trading and lending firm Genesis Trading reported losses of around $7 million "across all counterparties" that include Alameda Research after it hedged and sold collateral on Tuesday in anticipation of market volatility following a liquidity crunch at FTX.

If you own a cryptocurrency that just got hacked — sell it. If you are considering buying a cryptocurrency after it got hacked, look for a better alternative.

Social media giant Twitter appears to be moving deeper into the payments business, as reflected by a registration filed this month with the U.S. Financial Crimes Enforcement Network (FinCEN).

If there’s a single thing I could do to better this industry, it would be to convince every custodial service provider in the cryptocurrency space to adopt a routine Proof of Reserve program.

Three world leaders of the banking industry are taking part in Project Guardian, an initiative from the Monetary Authority of Singapore (MAS) that aims to pilot use cases of digital assets and decentralized finance (DeFi).

DeFi yield platform Texture has raised $5 million in a round co-led by P2P Capital and Sino Global, and is now live in private beta testing.

Centrifuge has raised $4 million in a strategic round