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...
Tag: FTX
Crypto.com CEO Explains How Exchange Is Different From FTX Amid Push for Reserves Transparency
Crypto.com CEO Kris Marszalek says his exchange operates differently than FTX, the digital asset trading platform that famously imploded last week. In a new interview, Marszalek says his exchange’s fo...
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...
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with ...
BlockFi Eyes Bankruptcy as FTX Fallout Continues: Report
BlockFi is preparing to once again to lay off staffers as the crypto lender considers a possible bankruptcy filing, the Wall Street Journal reported Tuesday. The move, per the Journal’s report, is the...
A new NFT called Bankrupt FTX Yacht Club enjoys immediate success – crypto.news
A non-fungible token (NFT) collection called “Bankrupt FTX Yacht Club” enjoyed immediate interest from collectors following its creation on Nov. 11, the day when FTX filed for bankruptcy. The Bankrupt...
Visa Has Severed Ties With The Defunct Crypto Exchange FTX
The world’s largest payment processor, Visa, ended its ties with FTX in the wake of bankruptcy filings in the US. The recent alliance between FTX and Visa has come to an end. As FTX is facing Chapter ...
FTX Founder Sam Bankman-Fried Says His Situation ‘Could Be Worse’ in Bizarre New York Times Interview
Bankrupt crypto exchange FTX’s founder Sam Bankman-Fried has given some updates following the collapse of his $32 billion company. In a new interview with The New York Times, the 30-year-old says he i...
Binance to Remove Trading Pairs for FTX Token—Except With Stablecoin BUSD
Binance is shutting down a slew of trading pairs and contracts featuring FTT, except for one involving its own stablecoin, the crypto exchange announced today. FTT is the native utility token for the ...
Kevin O’Leary Says His FTX Trading Account Balances Went to Zero, Predicts Wave of Forced Liquidations in Next 10 Days
Shark Tank investor Kevin O’Leary says several of his investments have taken a hit because of the recent FTX collapse. In a new interview with Crypto Banter, O’Leary says his FTX account balances had ...
Failed Binance FTX Deal Will be Investigated by UK Parliament
Binance has to submit all evidence around the now suspended deal to buy assets of FTX.com to U.K. lawmakers, reported Bloomberg. Binance will reportedly provide documentation around its deal negotiati...
The collapse of FTX: the worst crypto catastrophe
There are still many unanswered questions in the collapse of Sam Bankman Fried‘s popular cryptocurrency exchange, FTX. This episode, however, has seriously dented confidence in the industry and encour...
OKX Announces $100 Million Fund to Support Distressed Projects Following FTX Crash (Report)
The Seychelles-based crypto exchange – OKX – reportedly introduced a $100 million fund to aid companies with liquidity issues. The world’s largest cryptocurrency platform – Binance – launched a simila...
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator – Bitcoin News
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional ...
Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned
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UK Treasury Committee to probe Binance’s role in FTX collapse
Lawmakers in the U.K. have asked Binance to submit internal discussions and documents relating to its attempted purchase of FTX and the sale of the bankrupt exchange token FTT, Bloomberg News reported...
Senate Banking chair warns crypto could ‘crash our financial system’ following FTX collapse
Senate Banking Committee Chair Sherrod Brown, D-Ohio, is sounding the alarm on crypto following FTX’s collapse. “This year we’ve seen cryptocurrency values collapse by $2 trillion. 2,000 ...
BlockFi Claims That Majority of Its Assets Didn’t Go Down with FTX
BlockFi said the rumor is not entirely true and issued a statement to clarify the situation on the ground. Crypto lender BlockFi was recently named as one of many firms that may be directly hit by the...
Lawmakers Grill Binance Over FTT Tokens Selloff That Triggered FTX Collapse
Crypto exchange Binance on Tuesday said it agreed to submit evidence related to the proposed FTX acquisition deal and decisions to liquidate FTT token holdings to the UK Parliament’s Treasury Committe...
FTX Hacker Becomes One Of Biggest Ethereum Whales After Flurry of BNB and DAI Swaps: On-Chain Data
The entity that moved funds out of crypto exchange FTX’s wallets last week has been swapping its coins to accumulate ETH, making it one of the biggest Ethereum whales in existence. On Friday, FTX’s ge...
FTX bankruptcy filing speculates over 1M creditors
The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days. On Nov. 14, a new documen...
The Long Arm of FTX
Two weeks ago, I thought the biggest story for the week of Nov. 8 would be the U.S. midterm election. Control of both the House and the Senate were up for grabs, with the future of crypto legislation ...
dYdX Price Spikes 35% After FTX Crash, Here’s Who Benefited Most
Gamza Khanzadaev FTX crash triggers dYdX price by 35% and makes this group a lot of money The token of the same name for a decentralized crypto derivatives exchange, dYdX, has risen more than 35% in t...
‘Delusion’ Rampant Among Crypto’s Institutional Investors, Warren Buffett’s Billionaire Confidant Says
Topline Famed investor Charlie Munger once again condemned cryptocurrencies following last week’s disintegration of crypto exchange FTX, becoming the latest billionaire to lash out at FTX and its foun...
FTX Exploiter Address is Now The 35th Largest ETH Holder
The crypto industry just experienced the most shocking insolvency of a custodian since Mt. Gox with the stunning collapse of FTX. The exchange was also hit by a $600 million exploit over the weekend. ...
FTX Drama Part II: Binance Said It Would Buy the Firm
In a surprise twist, Binance – the world’s largest and most popular digital currency trading firm – has agreed to purchase competitor FTX, which at this time is experiencing what it’s referring to as ...
FTX Linked Crypto Exchange Halts Withdrawals, Here’s Why
After FTX announced decision to opt for chapter 11 bankruptcy, a top tier crypto exchange announced it halted withdrawals and deposits. The meltdown of Sam Bankman-Fried related crypto companies has a...
Oryen registers huge growth despite FTX crisis in the market
The crypto world is full of unique features that make it stand out from other markets. In addition, many altcoins have fascinating ecosystems that help them grow their community rapidly. Oryen (ORY) ...
Paxos freezes FTX funds following a US watchdogs directive – crypto.news
Over the weekend, Paxos announced the freezing of PAXG tokens in the FTX crypto exchange following a government directive. Several other networks also froze FTX and its leaders’ accounts in the past f...