Hbit Limited, a fully owned subsidiary of New Huo Technology, has approximately $18.1 million worth of assets stuck on FTX, which filed for bankruptcy last week, according to Nov. 14 press release. Hu...
Tag: FTX
Miami Heat Terminates FTX Partnership, Crypto Daily TV 14/11/2022
In Todays Headline TV CryptoDaily News: Binance, Huobi block FTT deposits. Crypto exchanges Binance and Huobi blocked deposits of FTT, FTX’s native tokens, after about $400 million worth of the tokens...
Visa Terminates FTX Debit Card Program
The world’s largest payment processor – Visa – has terminated ties with FTX less than a month after introducing a new debit card program. Deeming the situation with the debt-ridden cryptocurrency exch...
Crypto.com CEO claims $1 billion recovered from FTX exposure
Crypto.com CEO Kris Marszalek came online to answer pressing questions from the industry after a weekend of simmering in hot water in the wake of FTX’s filing for Chapter 11 bankruptcy protectio...
Binance CEO “CZ” Discussed FTX Token (FTT) Fate With SBF
Binance CEO “CZ” on Monday said Binance never shorted FTX Token (FTT). He said the crypto exchange still has a significant amount of FTT holdings, but stopped selling it after Sam Bankman-Fried (SBF) ...
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...
Is Crypto.Com Next After FTX? CRO Price Down 50%
The global crypto market is trading under increased uncertainty due to the collapse of FTX, a cryptocurrency exchange. However, growing problems for another crypto exchange, Crypto.com, have worried t...
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
The shock wave around the FTX explosion was felt globally as it severely fractured investor confidence. However, seasoned crypto entrepreneurs and supporters — including Changpeng “CZ” Zhao and Salvad...
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
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...
El Salvador President Says FTX Is the Opposite of Bitcoin
39 mins ago | 3 mins read Editors News El Salvador President is over-optimistic about Bitcoin’s future amid crypto doom. El Salvador’s Bitcoin holdings were not held on the ruined FTX exchange. Fa...
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 ...
NFT Tech Announces No Exposure to FTX, Alameda, or FTT Token
VANCOUVER, British Columbia–(BUSINESS WIRE)–NFT Technologies Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Company” or “NFT Tech”), a leading technology company partnering with top-tier brands to...
Huobi Unable to Withdraw $13.2M in Customer Funds From FTX
Huobi subsidiary Hbit has revealed that it has $18.1 million on FTX, which it cannot recover. $13.2 million were customer funds, which it will cover through an unsecured loan of up to $14 million. Huo...
Congressman Brad Sherman claims FTX ‘deterred legislation’ with money
Anti-crypto Congressman Brad Sherman released a statement on the FTX crash and said that FTX has been supporting Democrats to influence crypto regulations and that he was correct to urge the SEC to ta...
Chiliz Founder Allocates 38 Million CHZ to Bailout Affected FTX Users
The founder of Chiliz is allocating 38 million CHZ to individual users who could not withdraw their funds from FTX. Users can now receive compensation of up to $10,000 as part of this initiative. The...
Here Is How Binance Plan To Aid Liquidating Firms After FTX
Crypto Live News The FTX exchange’s collapse has created havoc with major cryptocurrencies like Bitcoin and Ethereum losing their key price levels. Amidst this, Binance CEO, Changpeng Zhao has come up...
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...
Pissed, pessimistic and paranoid, FTX clients face new reality: ‘It’s all gone.’
Crypto investor Sean Taggart’s opinion of FTX and its founder Sam Bankman-Fried soured radically in recent days. “Should’ve known when he said he was a vegan altruist not to trust him,” said the 3...
FTX Japan Holds Over 65M XRP In Cold Wallet Reserves
– Advertisement – FTX Japan released a breakdown of user assets on the exchange, asserting that its reserves are larger than user deposits. FTX Japan shared a breakdown of user assets and ...
Binance Chief Pushes for Global Crypto Standards Amid FTX Crisis
As the FTX crisis unraveled over the last week, the demand for regulatory clarity and proper crypto framework has soared recently. Head of crypto exchange Binance – Changpeng “CZ” Zhao – said that the...
Crypto Political Funding Could Dry Up Without SBF and FTX Donations
FTX founder Sam Bankman-Fried (SBF) was one of the largest political donors in the United States. His once deep pockets funded mostly Democrat candidates and campaigns, but that all may change now. Th...
Attorney Deaton Says It’s “Absolute Nonsense” to Claim SBF Had Good Intentions For FTX Customers
– Advertisement – Attorney Deaton does not believe SBF had good intentions following his actions. The cryptocurrency community has continued to comment on the sudden collapse of FTX, whic...
Bahamas Securities Regulator Says It Didn’t Order FTX to Reopen Local Withdrawals
Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said Saturday. The Securities Commission of the Bahamas (SCB) published a sta...
FTX Token & BNB Are Terrible Investments! Snowfall Protocol Emerges As The Clear Winner!
Place/Date: – November 14th, 2022 at 5:06 am UTC · 3 min read Source: Snowfall Protocol It’s been a tough week for FTX Token (FTT) and BNB (BNB). Both tokens have suffered major losses in the pa...
FTX Balance Sheet Shows A Deep Hole, Fund Recovery Difficult
A lot has been happening for crypto exchange FTX ever since it filed for bankruptcy last Friday, November 11. A severe drop in FTX’s crypto assets and unauthorized withdrawals shows that customers hav...
Snowfall Protocol (SNW), FTX and Reef – A Promising Potential?
A burgeoning new phenomenon called cryptocurrency has wholly taken over the market. Statistics reveal a recent spike in the acceptability and scalability of the crypto sector among the general public,...
FTX Users Have Slim Chance of Recovery as FTT and SOL Plummet
Users of the embattled FTX exchange have had a bad week. Things are likely to get much worse for them if the firm’s balance sheet is anything to go by. The cascade of events following the FTX collapse...
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’ – Economics Bitcoin News
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it se...
FTX faces criminal probe in Bahamas after company collapses, loses $1 billion in crypto
The cryptocurrency exchange FTX is facing a criminal inquiry in the Bahamas after the company filed for bankruptcy and essentially collapsed last week. FTX, co-founded by former crypto billionaire and...