These are the 5 most important news of the week

Another exciting week in crypto space is coming to an end. The most important events around Bitcoin, Ethereum and Co. at a glance.

FTX: Cinematic Breakdown Coming to Amazon

The failed crypto exchange could soon make its big screen debut. Amazon apparently plans to launch an 8-part series on the FTX fiasco. The Avengers makers are to take over the production of the crypto crime thriller.

More information about the planned filming can be found here: Amazon is filming the FTX story

Are you losing track? You can read the current situation of the Causa FTX and all important events in our Newsticker.

Binance: $1 billion crypto rescue fund established

No sooner said than done: Binance boss Changpeng “CZ” Zhao announced that he wants to set up a financial rescue package for crypto companies. He should be available for projects that are “otherwise strong” but are currently struggling with liquidity problems in the wake of the FTX bankruptcy. The assets of the so-called “Binance Industry Recovery Initiative” are on Etherscan viewable. Accordingly, one billion BUSD are now available for rescue purposes.

You can read more about the rescue operation here: Binance Reconstruction Fund is in place

Aside from the bailout, the world’s largest crypto exchange appears to be making other strategic decisions as well. For example, Binance invested in hardware wallet provider NGRAVE. More about this here.

Bitpanda: Viennese fintech receives coveted BaFin license

With the BaFin license, the Austrian company has obtained the German seal of approval from the crypto scene. Bitpanda has now officially received permission for custody and proprietary trading of crypto assets. Nothing new for the fintech: In addition to the German approval, Bitpanda has a total of seven licenses and registrations with European supervisory authorities.

You can read everything else in this article: Bitpanda receives crypto custody license from BaFin

In addition, BTC-ECHO spoke exclusively with Bitpanda founders Eric Demuth and Paul Klanschek in the podcast in advance about the FTX bankruptcy and the new license.

Russia: National crypto exchange in the works

media reports according to The Kremlin plans to establish a national crypto exchange. The State Duma is already working on “a regulation for a Russian crypto exchange”. The Central Bank of Russia is also said to play a role in this.

You can find more information about Russia’s plans here: Russia is planning a national crypto exchange

MetaMask: Wallet provider stores user data

It became known that the largest Web3 wallets collect a number of user data. In addition to the IP and wallet address, information such as e-mail addresses or telephone numbers can be stored if you use MetaMask via the Infura client. While this practice is not new, it appears to have been largely unknown to the crypto community.

All information about data collection at MetaMask can be found in this article: MetaMask collects your user data – you can do that about it