Crypto.com’s 2022 World Cup sponsorship, a symbol of how aggressively crypto companies spent on ads to gain users, was largely overshadowed by FTX’s collapse (Carly Wanna/Bloomberg)

Carly Wanna / Bloomberg:
Crypto.com’s 2022 World Cup sponsorship, a symbol of how aggressively crypto companies spent on ads to gain users, was largely overshadowed by FTX’s collapse  —  At Sunday’s World Cup championship final between France and Argentina, Crypto.com will have a highly coveted seat right on the sideline …

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Sam Bankman-Fried plans to speak at The New York Times’ annual DealBook Summit on November 30; Andrew Ross Sorkin says “nothing is off limits” (Carly Wanna/Bloomberg)

Carly Wanna / Bloomberg:
Sam Bankman-Fried plans to speak at The New York Times’ annual DealBook Summit on November 30; Andrew Ross Sorkin says “nothing is off limits”  —  In the weeks since crypto exchange FTX collapsed, questions have swirled about everything from the risk management practices …

An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022  —  Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.  —  Luna Foundation Guard (LFG) …

As annual inflation nears 100% in Argentina, a look at locals’ use of Mercado Pago and other digital wallets to protect their pesos, amid scam and theft issues (Lucía Cholakian Herrera/Rest of World)

Lucía Cholakian Herrera / Rest of World:
As annual inflation nears 100% in Argentina, a look at locals’ use of Mercado Pago and other digital wallets to protect their pesos, amid scam and theft issues  —  Payment apps cushion users from a falling peso but won’t protect them from theft.  —  • BUENOS AIRES, ARGENTINA

Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Report: Crypto.com backed out of a five-year sponsorship deal worth $495M with the UEFA Champions League due to regulatory concerns in the UK, France, and Italy (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
Report: Crypto.com backed out of a five-year sponsorship deal worth $495M with the UEFA Champions League due to regulatory concerns in the UK, France, and Italy  —  Regulatory concerns in Europe prompted the firm to scrap the deal.  —  Cryptocurrency exchange Crypto.com has backed …