As contagion fears around FTX’s collapse continue to spread, one hedge fund manager has already admitted that his business is virtually ruined. Travis Kling – Chief Investment Officer of Ikigai – said...
Tag: FTX
Michael Saylor points to the silver lining post FTX crash
The American Billionaire is one of the most famous personalities in the industry. Saylor is the co-founder of Microstrategy and is a Bitcoin whale. He believes the crypto industry could benefit greatl...
FTX falls 15.8%, Solana & Dogecoin plunge by 12%
Cryptocurrency Prices Today 14th Nov: Cryptocurrency markets witnessed their worst seven-day run since June 2022, following Terra’s meltdown during the weekend as crypto prices continued to fall. The ...
Visa ‘Monitoring’ FTX Situation After Nixing Deal With Felled Exchange
Visa has reportedly nixed its partnership with FTX about a month after the crypto exchange revealed its intent to roll out Visa debit cards to customers around the world. FTX said last month that it w...
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...
Huobi, Gate.io, Crypto.com see spikes in flow to FTX
The full consequences of the FTX fallout are still unknown. As FTX, its U.S. subsidiary, and Alameda Research all filed for bankruptcy protection, it could be months before the public gets to see what...
Fintech Firm Plaid Cuts Off FTX From Users’ Bank Accounts Following Concerning Public Reports
Fintech company Plaid has cut off FTX’s access to its users’ bank accounts after troubling reports surfaced that the bankrupt crypto exchange was attempting to access them. In a recent announcement, P...
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...
After FTX Debacle, Exchange Distrust Among Bitcoin Investors Grows
On-chain data shows Bitcoin investors have been withdrawing large amounts from exchanges as distrust around them has grown recently. FTX Debacle Leads To More Bitcoin Investors Distrusting Exchanges A...
High number of Bitcoin investors withdrawing crypto funds from exchanges after FTX crash
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Ikigai Asset Management Had ‘Large Majority’ of Assets on FTX, Unclear Whether It Will Be Able to Continue
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Ikigai Fund Caught Up in FTX Contagion
Travis Kling, the founder and chief investment officer of Ikigai, revealed that the cryptocurrency asset management firm has been caught up in the FTX collapse. A large majority of the hedge fund’s as...
Crypto.com CEO Claims Clean of $1B Stablecoins to FTX
FTX received like $1 Billion in stablecoins previously from Crypto.com. Crypto.com CEO claims to have retrieved all of the $1 Billion. CEO further claims ETH sent to Gate.io was indeed an accident. A ...
Visa ends crypto debit card partnership with FTX
Payments company Visa has terminated its partnership with FTX amid the cryptocurrency exchange’s ongoing collapse. “The situation with FTX is unfortunate and we are monitoring devel...
FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says
FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Al...
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...
Kraken suspends accounts linked with FTX and Alameda
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
FTX Probed by Royal Bahamas Police Force
The Royal Bahamas Police Force and Bahamas Securities Commission have launched a criminal investigation into the now-bankrupt crypto exchange giant FTX. The probe follows previous statements from the ...
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...
Can FTX tokenize its own bankruptcy?
A former FTX employee, Zane Tackett, put out a Twitter thread a few days ago ending with a pointed — if biased — question: Should FTX issue a “Cool Token” or go through a traditional bankruptcy procee...
Bitcoin Diverges From Tech Stocks as FTX Fallout Continues
Bitcoin is once again diverging from its correlation with equities as traders react to a disappointing earnings season and the latest news on FTX’s bankruptcy filing. The largest digital currency’s 3...
Paxos freezes assets tied to FTX after law enforcement directive
U.S. law enforcement officials directed Paxos on Saturday to freeze assets previously held on FTX. Paxos, a regulated blockchain infrastructure platform, froze 11,184.38 PAXG tokens valued at ro...
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 tokens Fails 80%; BudBlockz Just About to Rise
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across ...
Crypto[.]com CEO Clears Air On Reserves, FTX Exposure, FIFA
Crypto.com CEO Kris Marszalek in an AMA session on Monday clears the FUD surrounding liquidity problems at the crypto exchange after a large crypto exchange FTX filed for bankruptcy last week. Marszal...
Buterin may have sold nearly $4 million in ether after FTX bankruptcy filing
A wallet known to be associated with Ethereum founder Vitalik Buterin sold 3,000 ether early Saturday, less than 24 hours after crypto exchange FTX filed for bankruptcy protection, according to Ethers...
First Mover Americas: FTX Faces Criminal Probe
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk ...
Kraken blocks FTX crypto accounts
The California-based sea monster exchange, Kraken, has blocked a number of crypto accounts upon instructions from authorities because they are traceable to FTX, Alameda Research and their executives. ...
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...
Alameda ‘secretly’ traded billions of FTX customer funds: Report
Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is ...