The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchange...
Tag: FTX
FTX Collapse Sees Long-Term Bitcoin Holders Shift to Distribution
Another metric, the long-term holder net position change, shows more than 48,000 BTC were spent in the week ended Nov. 13. Glasnode defines long-term holder supply as the one that is statistically the...
Crypto Traders Are Flocking to DeFi After FTX Exchange Implosion
Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion. Oth...
Chorus of Lawmakers Collectively Call for Crypto Controls in FTX Fallout
The collapse of cryptocurrency exchange FTX did more than rattle markets this week. It grabbed the attention of several U.S. lawmakers who used the resulting pandemonium as evidence that stricter regu...
FTX and Solana Fallout, Oryen Thrives With 2X for Early Backers
The recent chaos in the crypto market is spreading like wildfire. The market is still on its knees and has barely recovered from the LUNA crypto collapse back in May. The epicenter of this latest down...
Trezor reports 300% surge in sales revenue due to FTX contagion
Amid growing concerns over centralized cryptocurrency exchanges in the wake of the FTX crisis, investors are increasingly moving to hardware crypto wallets. A major hardware wallet provider, Trezor, h...
UK crypto inquiry asks Binance if it knew it would collapse FTX
The UK Government began an inquiry into the crypto assets industry yesterday. Officials from the likes of Binance and Ripple were asked if crypto could be compared to 17th-century tulip mania and if B...
Bitvo Announces Termination of Pending Transaction With FTX Canada Inc. and FTX Trading Ltd.
CALGARY, Alberta–(BUSINESS WIRE)–In light of recent events, Bitvo Inc. (“Bitvo”) announces that its shareholder, Pateno Payments Inc., has terminated its previously announced agreement with FTX Canada...
Solana Foundation reveals minimal exposure to FTX
Solana (SOL) Foundation revealed that it held roughly $1 million worth of cash or its equivalent -less than 1% of its assets- on bankrupt crypto exchange FTX as of Nov. 6, according to a Nov. 14 blog ...
FTX Might Have More Than One Million Creditors According to an Updated Filing
Sam Bankman-Fried, the CEO of the bankrupt cryptocurrency exchange FTX, is probably one of the world’s most hated people right now. After being hailed as the savior of doomed projects, possible person...
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 regulators reacted to the FTX crash
Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market. The crypto industry’s very own “Lehman Brothers moment” pus...
The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
Bernstein says there needs to be a distinction made between the centralized custodial players in crypto, namely the exchanges, custodians, and crypto banks, as this is where regulation is coming. This...
Elon Musk Says FTX CEO Did Not Come Under Scrutiny As He Was Major Democratic Donor
– Advertisement – Elon Musk believes that SBF’s political donations shielded him from regulatory scrutiny. Twitter boss Elon Musk has said that Sam Bankman-Fried, the former CEO of bankrup...
Bahamas Police Are Investigating Potential ‘Criminal Misconduct’ by FTX
The Securities Commission of The Bahamas, where FTX is headquartered, already froze the exchange’s assets last Thursday and called for a liquidator. Now the local police force is involved. On S...
FTX says could have over 1 million creditors in new bankruptcy filing
FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonatha...
Will FTX survive or become the next Luna
One of the biggest crypto giants, FTX, is in a nosedive. In just three days, the exchange has suffered enormous losses, bringing down the value of its proprietary digital asset, the FTX Token (FTT), h...
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...
FTX Fallout Wipes Out $700M From Solana DeFi
“Solana has undoubtedly taken a massive blow, and the consequences of this blow seem far more dramatic and painful than for other blockchains,” Alexei Kulevets, co-founder of Walken told CoinDesk in a...
FTX Doom Draws Dozens of Federal, State, International Agencies
Regulatory agencies around the world are in contact with FTX lawyers, who have said there could be anywhere from 100,000 to more than one million users affected by the exchange’s shock bankruptcy. The...
FTX Hacker Main Account Receives 21,155 Ethereum
– Advertisement – 3 FTX Account Drainers Addresses Move 21,155 Ethereum Coins to Main Address, Increasing Hacker’s ETH Holding. PeckShieldsAlert shares a new development about the funds ca...
‘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...
Wallet that drained FTX accounts starts swapping millions of dai for ether
A crypto address connected to the suspected drain of FTX accounts is swapping decentralized stablecoin dai for ether in a series of multimillion-dollar trades. The process began when one associa...
Huobi Subsidiary Fails to Withdraw Crypto Assets Worth Over $18M from FTX
The stunning FTX collapse has sent shockwaves down the crypto market. The latest firm to fall victim is Huobi’s brokerage subsidiary, Hbit Limited. The Hong Kong-based company has revealed that it is ...
Bankrupt crypto exchange FTX says it may have more than a million creditors
FTX, the crypto exchange founded by Sam Bankman-Fried that filed for bankruptcy last week, said it may may have more than a million creditors in a sign of how complicated this insolvency will be to un...
Crypto.com is struggling, but will not follow FTX
Over the past week, Crypto.com’s CRO token has fallen nearly 45%. This is due to fears that the Singapore-based cryptocurrency exchange will be the next to face a liquidity crisis after the FTX bankru...
Sino Global Capital breaks silence over FTX exposure
China-based crypto venture firm Sino Global Capital has broken its silence about the extent of its exposure to FTX. The company said its direct exposure to FTX, the exchange, “was confined...
Bitcoin Hodlers Make Self-Custody Moves After FTX Fiasco
The moves are hardly surprising considering that FTX, the world’s second-largest exchange, was considered pretty much bulletproof. The collapse of the exchange proves that it was not too big to fail, ...
VC bull Kevin O’Leary abandoned FTX rescue plans after SEC chief’s comments
After the widely publicized collapse of FTX, which sent shockwaves across the cryptocurrency sector, including Bitcoin (BTC), and culminated in the trading platform’s bankruptcy, venture capitalist Ke...