Reuters: World

As regulators scrutinise FTX, rival exchanges try to reassure investors Bitcoin and other cryptocurrencies remained under pressure on Monday following last week's collapse of crypto exchange FTX while rival exchanges sought to reassure jittery investors of their own stability. Kris Marszalek, CEO of Singapore-based crypto exchange Crypto.com, refuted suggestions it could be in trouble, saying in a YouTube livestream address the platform would prove all naysayers wrong. The 'AMA (ask-me-anything)' session came after investors took to Twitter over the weekend to question a transfer of $400 million worth of ether tokens to the Gate.io exchange on Oct. 21. read more

Person who left bomb causing Istanbul explosion arrested - Anadolu citing minister The person who left the bomb that caused Istanbul's explosion was arrested by the police, Interior Minister Suleyman Soylu said on Monday according to state-run Anadolu agency's English-language Twitter account. Six people were killed and 81 others wounded on Sunday when an explosion rocked a busy pedestrian street in Istiklal Avenue in central Istanbul in what Turkish President Tayyip Erdogan called a bomb attack that "smells like terrorism". read more

Democrats seal control of U.S. Senate with win in Nevada Democrats will hold onto control of the U.S. Senate after Senator Catherine Cortez Masto won re-election in Nevada, Edison Research projected on Saturday, handing a major victory to President Joe Biden. Still, Republicans remained close to winning control of the U.S. House of Representatives as officials continued counting ballots cast in Tuesday's U.S. midterm elections. Cortez Masto narrowly defeated Republican challenger Adam Laxalt, a former state attorney general who was endorsed by former President Donald Trump. read more

U.S. seeks 15 years for Elizabeth Holmes over Theranos fraud Theranos founder Elizabeth Holmes should spend 15 years in prison and pay $800 million in restitution to investors defrauded in the blood testing start-up, U.S. prosecutors recommended late on Friday. The Department of Justice recommendation, made in a court filing, came as Holmes prepares to be sentenced next week. "Considering the extensiveness of Holmes' fraud... the sentencing of 180 months' imprisonment would reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others," the prosecutors said. read more