As the bear market continues, crypto investment products are experiencing last week their biggest outflows in three months. A new CoinShares report suggests that investors continue to feel bearish following the FTX crash. On Nov. 28, digital asset investment firm CoinShares revealed in a new report that investors took $23 million out of the crypto…

Crypto lender BlockFi would file for Chapter 11 bankruptcy protection, an insider said. BlockFi is the latest crypto firm to file for bankruptcy after the collapse of FTX’s crypto empire. In an official statement, the company said it “will focus on recovering all obligations owed to BlockFi,” but that “recoveries from FTX will be delayed”…

As Bloomberg reported, many crypto hedge funds operating in the UAE had invested all their client money on FTX, giving them a hard time pulling funds out of the exchange. As a result, UAE officials expressed concerns over the pace of some approvals – that failed to identify meltdowns of FTX and Three Arrows Capital….