Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the fir...
Tag: Collapse
An Initial Look at The Fallout from FTX’s Collapse
November 14, 2022, 4:37PM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bot...
Over $8 Billion Withdrawn From Exchanges Following FTX Collapse
Net exchange outflows have soared in the wake of FTX’s bankruptcy, inciting crypto holders everywhere to look after their own digital assets. Data from on-chain analysis firm CryptoQuant shows that o...
Manhattan District Attorney’s Office probes FTX collapse: Report
Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto exchange FTX. According to a Nov. 14 report from Reute...
FTX collapse brings in regulators
Regulators are scrutinising the crypto space with even more of a keen eye after the FTX bankruptcy. How could this impact Ethereum? The FTX debacle has brought crypto firmly under the regulatory micro...
Three Arrows Capital Breaks Silence, Says That FTX and Alameda Hunted Their Positions During LUNA Collapse
The founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are speaking out after months of silence in the wake of the firm’s bankruptcy. 3AC founders Kyle Davies and Zhu Su have bot...
Edward Snowden, Elon Musk Optimistic About Bitcoin Despite FTX Collapse
Key Takeaways Edward Snowden stated on Twitter today that he wanted to increase his exposure to Bitcoin. Elon Musk similarly expressed optimism towards the top cryptocurrency’s fate. Their comments co...
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, in...
Bankrupt FTX Had $9,000,000,000 in Liabilities With Only $900 Million in Liquid Assets Prior to Collapse: Report
New documents reveal that bankrupt crypto exchange FTX reportedly had liabilities 10x larger than the value of all of its liquid assets combined prior to its implosion last week. According to a recent...
FTX collapse to trigger structural change in crypto markets, away from centralization
The collapse of FTX last week will trigger significant market structure changes, namely moving away from a model of all-in-one platform centralization, crypto trading firm Cumberland said. The v...
Binance CEO sees slight increase in withdrawals after FTX collapse
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | G...
Bitcoin, Ethereum And The FTX Collapse
Is the FTX collapse the last major event in the crypto crash? getty There is only one call right now and it is, “Where is the bottom of the crypto crash?” This can almost be condensed to, “Is the FTX ...
Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
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Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
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Binance CEO Reveals Surprising Fact on FTX Collapse
FTX, the former second-largest cryptocurrency exchange in the world, has imploded, leaving what is said to be an $8.8 billion hole on its balance sheet. Numerous of its 1 million consumers are current...
Cardano wallets growth accelerate adding 30,000 in a week amid FTX collapse
The cryptocurrency market remains depressed following the widespread impact of the FTX exchange liquidity crunch. However, crypto projects such as Cardano (ADA) are still recording increased network a...
Crypto Strategist Says FTX Collapse Suggests Bitcoin Close to Carving Absolute Bear Market Bottom – Here’s Why
A popular analyst says the implosion of crypto exchange FTX could be the signal that marks the beginning of the end of Bitcoin’s (BTC) bear market. Pseudonymous analyst Rekt tells his 329,900 Twitter ...
The Crypto Collapse: Here’s How Warren Buffett’s Advice And Big Eyes Coin Can Keep You In The Green
The cryptocurrency market is crashing. But wait – before you pull out your phone to start selling absolutely everything to minimise losses, read this article: we’ll help you understand what’s happenin...
Is This The Next Exchange To Collapse After FTX?
The crypto market is being blanketed by uncertainty, especially in the last few days after the FTX-Alameda Research drama began. These days, the star cryptocurrency, Bitcoin, lost its important key le...
Learning from the FTX collapse: Are centralized exchanges really safe?
The recent collapse of popular crypto exchange FTX is again raising the question of ‘who actually controls our crypto assets?”. This whole debacle has significantly damaged the crypto industry, as alm...
Michael Saylor on the FTX Collapse
The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin. In his view, the turbulence will eliminate thousands of useless digital assets while the...
Cardano (ADA) Founder Charles Hoskinson Issues Warning, Says FTX Collapse Will Bring More Fallout
The co-creator of Ethereum (ETH) rival Cardano (ADA) is warning investors that there will be more fallout from crypto exchange FTX’s recent collapse. In a new video update, Charles Hoskinson says that...
Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse
Several key Senators within the Democratic Party have expressed concern over the collapse of crypto exchange FTX, which was led by major election donor Sam Bankman-Fried. Sen. Sherrod Brown, who will ...
Another Crypto Exchange Halts Withdrawals on Heels of FTX Collapse: Details
As reported by Wu Blockchain, a worrisome drama is playing out on the Hong Kong-based crypto exchange, BitCoke. The issue started when its users reported experiencing difficulty with withdrawals. BitC...
Trust Wallet Token Price Prediction: TWT Outperforms And Hits Latest All-time High Amid FTX Collapse
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The Epic Collapse of Sam Bankman-Fried’s FTX Exchange: A Crypto Markets Timeline
After this week’s shocking (and still-unfolding) developments in the crypto industry, including the rapid unraveling of Sam Bankman-Fried’s FTX exchange and Alameda Research trading firm, ...
Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’
The Ontario Teachers’ Pension Plan says the $95 million it invested in FTX Trading and FTX US will have a “limited impact” on the plan. The investment represents 0.05% of its total net assets, t...
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin News
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said th...
FTX founder Bankman-Fried denies fleeing to South America amid crypto collapse
FTX founder Sam Bankman-Fried denied speculation on Twitter that he had flown to South America after the cryptocurrency exchange filed for bankruptcy. When asked whether he had flown to Argentina, as ...