Crypto bank Silvergate shares tanked 12% as the ripple effects of FTX’s collapse continue. Last week, the La Jolla-based crypto bank said its exposure to FTX was limited to deposits, but ...
Tag: Exchanges
Days After The Tumble — Here’s How Other Exchanges Reacted To FTX’s Collapse ⋆ ZyCrypto
Advertisement     After FTX rocked the industry, exchanges scurried to reassure their users that all was in order with their operations. Coinbase’s CEO stated that cus...
Lawyer who beat Microsoft, repped Theranos, eyes suit against FTX’s celeb backers
High-profile FTX promoters like Tom Brady and Steph Curry could have a lawsuit on their hands. Famed lawyer David Boies is talking to clients about a possible class action lawsuit against celebr...
Sam Bankman-Fried continues bizarre Twitter rambling, says FTX US had cash needed to repay clients
If former FTX CEO Sam Bankman-Fried had designs on repairing his reputation as a responsible steward of a once multi-billionaire-dollar crypto empire, he’s certainly complicating matters. Bankma...
BlockFi preps possible Chapter 11 bankruptcy protection filing: WSJ
Crypto lending firm BlockFi is preparing for a possible Chapter 11 bankruptcy protection filing, according to the Wall Street Journal. The firm also plans to conduct layoffs, the journal reporte...
FTX US had enough to repay all customers, Bankman-Fried tweets
Former FTX CEO Sam Bankank-Fried returned to his ongoing, mysterious Twitter thread with the following: a) Alameda had more assets than liabilities M2M (but not liquid!) b) Alameda had margin pos...
Exchanges delist FTX Token pairs from trading platforms
As the FTX collapse continues to cause turmoil in the crypto industry, various crypto exchanges have delisted FTX Token (FTT) on their platforms. In an announcement, crypto exchange Binance highlight...
The Graphic Death of Yevgeny Nuzhin Underlines the Risk of Prisoner Exchanges in Ukraine
An image claimed to be of Russian combatant, Yevgenny Nuzhin while he was an inmate, circulated on … [+] social media. social media/e2w A former Russian prison inmate who defected to Ukraine aft...
Sam Bankman-Fried tried to raise fresh cash over the weekend: WSJ
Former FTX CEO Sam Bankman-Fried thinks that he can raise enough cash to make users whole and spent the past weekend with a few remaining employees seeking commitments from investors, the Wall Street ...
FTT Misery Worsens As These Top Exchanges Move To Delist Crypto
FTT, the native cryptocurrency of FTX, continues to take massive blows as its situation take a turn for the worse. In terms of price, the crypto is changing hands at $1.70 according to tracking from C...
Bahamas approves provisional liquidators for FTX assets
“Given the magnitude, urgency, and international implications of the unfolding events with regard to FTX, the Commission recognized that it had to, and moved swiftly to use its regulatory powers...
The Next FTX? These Exchanges Are Rumored To Be In Trouble
Amidst the FTX drama, it is still not clear what contagion effects the collapse of the world’s second largest crypto exchange will have on the industry as a whole. In addition to numerous hedge funds ...
How Sam Bankman-Fried’s crypto empire imploded
Episode 112 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, F9 Research General Partner Jim Greco, and Crocodile Labs Founder Douglas Colkitt. Listen below, and...
Centralized Exchanges Are Reason for Crypto Collapse
2 seconds ago | 2 mins read Exchange News JP Morgan stated centralized exchanges are the key player in the recent crypto collapse. Regulatory bodies initiated an investigation into the defeat FTX exch...
Ark Invest picks up $2.8 million worth of Grayscale Bitcoin Trust shares
Cathie Wood’s Ark Invest bought shares in Grayscale’s Bitcoin Trust (GBTC) on Monday, days after the trust’s discount reached a new low. Ark purchased 315,259 shares of GBTC o...
‘The turf war by American regulators has got to end’
Citadel’s billionaire founder and CEO Ken Griffin has weighed in on FTX’s speculator collapse, calling on American regulators to cooperate with each other to better supervise the crypto in...
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves – Exchanges Bitcoin News
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said...
Which RISKY Crypto Exchanges might collapse?
The bankruptcy of FTX and the implosion of the FTX token has triggered a severe crisis in the crypto market. Confidence in the crypto market and its institutions has been severely damaged in the past ...
FTT runs into more trouble as these major exchanges announce delisting plans
Binance and KuCoin have announced the delisting of trading pairs for FTT FTX exchange encounters more troubles as investigation begins in the Bahamas On 14 November, the trading platform Binance annou...
Vitalik Buterin and Binance Will Work on New Proof-of-Reserves Method for Exchanges
Yuri Molchan Two giants of crypto industry plan to work together to help exchanges provide transparency Contents Vitalik Buterin to join forces with Binance Binance launches recovery fund for crypto p...
Exchanges Rush to Prevent FUD as Contagion Fears Mount
The community negatively views centralized exchanges due to the recent FTX saga, as Exchanges try to prevent FUD amidst fears of contagion. It is a challenging phase for centralized exchanges as they ...
FTX to reorganize, new CEO seeks support from staff during company conference call
FTX’s new CEO John Jay Ray III called on staff to rally together during an all-hands meeting after last week’s bankruptcy protection filing, people who were on the call told The Block. &#...
SBF tells New York Times that he ‘could be worse’
Former FTX CEO Sam Bankman-Fried told the New York Times that he had numerous regrets over the collapse of the company in a wide-ranging interview on Sunday in which the paper described him as “...
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...
$3 Billion in Bitcoin Left Exchanges This Past Week
The chaos that ensued following the FTX scandal the past week has caused much uncertainty in the market. Investors have lost confidence in institutions and exchanges holding their funds and have respo...
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...
Retail traders massively withdraw their BTC from exchanges
FTX collapse has birthed renewed interest in self-custody among retail users, as many are now moving their Bitcoin (BTC) to cold wallets. Glassnode data, as analyzed by CryptoSlate, showed that retail...
BlockFi says platform pause will continue
Crypto lending firm BlockFi said it would continue to pause many of its platform activities “for now” after FTX filed for bankruptcy protection last week. “The rumors that a ma...
Ikigai’s Travis Kling says hedge had ‘large majority’ of assets on FTX
Ikigai Asset Management, a Puerto Rico-based crypto asset management startup, held a “large majority” of its assets on FTX and was not able to withdraw much of those assets after the excha...