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ftx collapse

(zhuweiyi49/Getty Images, modified by CoinDesk)
Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads
Plus, a look at Apple’s plans to move semiconductor manufacturing onshore.
(zhuweiyi49/Getty Images, modified by CoinDesk)

CDCROP: Kenneth Lay Mugshot (Bureau of Prisons/Getty Images)
The FTX Collapse Looks an Awful Lot Like Enron
Alameda and FTX were built on false asset values driven by deceptive self-dealing. So was America's most notorious corporate fraud.
CDCROP: Kenneth Lay Mugshot (Bureau of Prisons/Getty Images)

CDCROP: Committee Chair Rep. Maxine Waters (D-CA) (3rd L) speaks as ranking member Rep. Patrick McHenry (R-NC) (L) listens during a hearing before House Financial Services Committee at Rayburn House Office Building on Capitol Hill (Alex Wong/Getty Images)
Top House Committee to Hold Hearing Into FTX Collapse
The House Financial Services Committee plans to hear from FTX and related entities during a hearing next month.
CDCROP: Committee Chair Rep. Maxine Waters (D-CA) (3rd L) speaks as ranking member Rep. Patrick McHenry (R-NC) (L) listens during a hearing before House Financial Services Committee at Rayburn House Office Building on Capitol Hill (Alex Wong/Getty Images)

FTX CEO Sam Bankman-Fried resigned Friday (DALL-E/CoinDesk)
FTX’s Bahamas Arm Files for Bankruptcy Protection in US
The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.
FTX CEO Sam Bankman-Fried resigned Friday (DALL-E/CoinDesk)

CoinDesk - Unknown
Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks
A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all.
CoinDesk - Unknown

(Alex Wong/Getty Images, modified by CoinDesk)
The State of Post-FTX and Alameda Research Market Contagion
More hedge funds announced significant losses today.
(Alex Wong/Getty Images, modified by CoinDesk)

Price chart shows Serum’s SRM price jump on Tuesday. (CoinDesk)
Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack
The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange.
Price chart shows Serum’s SRM price jump on Tuesday. (CoinDesk)

U.S. Capitol building in Washington
Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows
U.S. political parties take separate, opposing lessons from the crash of Sam Bankman-Fried’s crypto empire.
U.S. Capitol building in Washington