October 31st, 2025
The Ethereum network has significantly benefited from the merge event, which reciprocated to higher on-chain activity on layer 2 protocols.
Since FTX filed for bankruptcy, there has been a power tussle between the exchange’s current leadership and the liquidators appointed by the Supreme Court of the Bahamas.
As the year winds down and we anticipate 2023, Coinspeaker has put together a recap of some of the most newsworthy events of 2022.
FTX Japan has created systems to refund crypto assets to customers after suspending withdrawals in the previous month.
Despite a major correction in SOL price after the implosion of FTX, Ethereum co-founder Vitalik Buterin believes that Solana has a bright future.
The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back.
As the bankruptcy proceedings take shape, chances are that these current withdrawals will be investigated and thanks to on-chain data, the flow of funds can easily be tracked.
As per court documents, SBF and FTX co-founder Gary Wang took $546 million from Alameda Research to purchase the stock of Robinhood Markets.
The cryptocurrency industry is expected to be trapped in the ongoing bear market in 2023.
The US SEC has already launched its first attack declaring that FTX’s native cryptocurrency FTT token was a security.
SBF will be staying with his parents, both Stanford Law professors until the next hearing happens early next year.
While the government did not state the regulatory body in charge, many expect the Brazilian Securities and Exchange Commission (CVM) will oversee all digital assets considered securities.
In the new year, there is a general expectation that the aftermath of the FTX bankruptcy will spill to other companies over time.
The FTT token was also a major factor in the implosion of FTX.
The SEC stated that the operations of the FTT token and the buy-and-burn program initiated by crypto exchange FTX are synonymous with stock buyback and thus constitute the behavior of securities.