 
					                
                October 30th, 2025
 
			        
        
Coinbase advised its customers to use other available payment rails as the exchange works on onboarding other banking partners.
 
			        
        
Speaking to the parliament, Chairman Huang pointed out that the Financial Supervisory Commission was working on a crypto regulatory framework.
 
			        
        
FTX may yet have a chance to establish itself as a force to reckon with in the crypto space.
 
			        
        
Firms are actively searching for new banking partners as the regulatory climate in the US has now turned sour.
 
			        
        
Defendant Ben Armstrong denied the allegations and stated that he had never been in contact with anyone at FTX.
 
			        
        
When the financial woes of FTX also lead to the exchange’s bankruptcy, the deal could not proceed, pitching Binance.US as the next major favorite to bail out the company.
 
			        
        
FTX made the transfers to SBF and others via the former CEO’s trading firm Alameda Research.
 
			        
        
Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange.
 
			        
        
The decision to take over Signature Bank was made to reduce depositor outflows and prevent further bank runs.
 
			        
        
FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity.
 
			        
        
In the lawsuit, FTX said that Grayscale has been charging exorbitant management fees. They noted that “Grayscale’s actions have resulted in the Trusts’ shares trading at approximately a 50% discount to Net Asset Value”.
 
			        
        
As the Silvergate crisis spreads across the broader market, investors have been shoring up stablecoins with USDT and USDC witnessing a surge in trading activity.
 
			        
        
MicroStrategy said that it secured a $205 million loan from Silvergate Bank last year, and there’s no rush to prepay until Q1 2022, even in the case of possible insolvency.
 
			        
        
Binance is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States.
 
			        
        
The stock of beleaguered crypto bank Silvergate has taken a new hit as the company weathers intense regulatory inquiries over its FTX association.