The e-retailer has faced questions from lawmakers who argue it didn’t do enough to protect workers from the storm.

Crypto.com cut head count by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather FTX’s collapse.

While there are no signs of major stablecoins collapsing, an economics professor at Cornell University says it’s something regulators are worried about.

Justin Sun, a Huobi advisory board member, said the crypto exchange plans to reduce its global headcount by about 20%.

Bank executives have said they need further guidance from regulators before dealing more directly with bitcoin and other types of cryptocurrency.

The hard-learned lessons from the 2008 financial crisis allowed Bank of America to earn its position as the second-largest bank in the United States.

FTX founder Sam Bankman-Fried was arrested on Monday in the Bahamas. He could face a lengthy prison sentence.

House Financial Services Chair Maxine Waters tells members there are no current plans to subpoena FTX founder Sam Bankman-Fried for his testimony.

Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.

Sen. Sherrod Brown, chair of the Senate Banking, Housing and Urban Affairs Committee, urged Treasury Secretary Janet Yellen’s help after the FTX collapse.