Snacks
HEATED

The Crypto Catch-Up…

Snacks / Friday, December 02, 2022
  • 🤔 Sus… Sam Bankman-Fried has been on a press tour, giving two interviews where he talked about the collapse of FTX and said he "did not try to commit fraud on anyone." Meanwhile, authorities say a prison sentence is possible for the former CEO.
  • 📱 Techy… Coinbase removed users' ability to send NFTs through its iOS app, saying Apple blocked its latest app release until it disabled the feature. The sticking point: Apple’s 30% “app tax,” which Coinbase says won't work with NFT gas fees.
  • 🌶️ Spicy… The Senate grilled Rostin Behnam, chair of the Commodity Futures Trading Commission, over FTX's bankruptcy and pending crypto regulation. Meanwhile, Treasury Secretary Janet Yellen called for stricter crypto oversight, citing (you guessed it) FTX.

Get Your News

Subscribe and thrive

Snacks provides fresh takes on the financial news you need to start your day. Chartr provides data visualizations on business, entertainment, and society. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.