Crypto Live News Michael Grimes, who was earlier known with an account name of Musk’s banker, has shared a conversation between Elon Musk and Sam Bankman-Fried. As per the conversation, Bankman-Fried ...
Tag: FTX
FTX Employees Rumored To Be Behind $600M Potential Hack
FTX and FTX US wallets have been impacted in a potential hack recording over $600 million in tokens transferred by the exploiter. FTX US General Counsel Ryne Miller earlier tweeted the wallet movement...
The Weekend Shift: SBF, FTX, WTF?!
Welcome to the 93rd Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...
FTX Post Bankruptcy Effects On BlockFi?
FTX filed bankruptcy under for Chapter 11 Bankruptcy rules. Crypto lender BlockFi is said to have connection with the Bahamian crypto exchange Recently FTX filed for bankruptcy under Chapter 11 of th...
13,000 ETH Burned In A Few Days As FTX Collapse Causes Surge In On-Chain Transactions
– Advertisement – FTX collapse has an unexpected effect on Ethereum. A surge in on-chain transactions has led to the burning of 13,000 ETH in just three days, according to data from Ethers...
$31.4M USDT Hacked From FTX Gets Blacklisted By Tether
FTX announces that the platform is getting hacked. Over $31.4 million USDT along with many other cryptos all hacked together at the same time. Following this Tether blacklists all the $31.4M worth US...
Miami-Dade County and Miami Heat cut ties with FTX – crypto.news
Following the announcement that the cryptocurrency exchange, FTX, will declare bankruptcy, Miami-Dade County and the Miami HEAT stated in a recent press release that they would be ending their commerc...
More Than $1 Billion Customer Funds Goes Missing From FTX
Crypto Live News Reuters news media has claimed that nearly $1 billion client deposits are missing from the insolvent FTX exchange. Sources from FTX stated that the firm’s CEO, Sam Bankman-Fried has s...
FTX Demise is Crypto’s 2008 Financial Crisis
Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange Binance, has expressed his belief in the ability of the crypto market to heal itself once the full impact of FTX’s implosion is ...
More Than $1 B In Customer Funds Missing At FTX
According to a report by the news agency Reuters, at least $1 billion in client deposits have gone missing from the bankrupt cryptocurrency exchange FTX. Reuters spoke to two sources who held senior p...
BTC Heads Lower on Saturday, as FTX Saga Continues – Market Updates Bitcoin News
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reporte...
Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried st...
Scott+Scott Now Investigating FTX Collapse
– Advertisement – FTX Legal Woes Continue As Another Top US Law Firm Launches Investigation Into the Exchange’s Activities. Scott+Scott, an international law firm focusing on complex lit...
Bitfinex publishes details of reserves after rival FTX files for bankruptcy protection
Bitfinex published details of its reserves on Friday, joining a stream of centralized crypto exchanges increasing their transparency following FTX’s high-profile implosion. The exchange&#...
Was FTX hacked? Deep dive reveals “backdoor” built into accounting software
Late on Friday evening, it has since been confirmed that a total of around $10 billion was moved from FTX to Alameda Research by FTX founder Sam Bankman-Fried (SBF). Speculation of a hack steadily app...
BitMex’s Founder Stated That The Downfall Of FTX Will Impact Bitcoin, Ethereum, And Solana
FTX, the world’s second largest crypto exchange platform, valued at $32 billion (USD), was facing severe losses. The United States Securities and Exchange Commission (SEC) has started an investigation...
Here’s What Next For Bitcoin (BTC) Price Amidst FTX Bankruptcy
Cryptocurrencies fell dramatically after ailing crypto exchange FTX filed for bankruptcy and CEO Sam Bankman-Fried resigned. Crypto market capitalization fell 18.3% to $803 billion. This was an action...
FTX Files for Chapter 11 Bankruptcy, SBF Steps Down
FTX Trading filed for Chapter 11 bankruptcy on Friday while founder and CEO Sam Bankman-Fried resigned from his position and appointed John J. Ray III as its new chief executive. After a very tumultuo...
Tether Starts Blacklisting USDT Of FTX Exploiter
In response to the sudden movement of funds out of FTX and FTX US wallets, Tether took a protective measure by blacklisting USDT related to the FTX wallet drainer. Almost $600 million in tokens were t...
FTX crisis likely to spark a domino effect, macro analyst explains
The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, se...
Wrapped tokens issued by FTX or Alameda collapsing, no longer redeemable
Wrapped tokens on Solana issued by FTX or Alameda Research are experiencing sharp declines after both entities filed for Chapter 11 bankruptcy protection. The price of wrapped bitcoin on Sollet ...
Ethereum becomes most deflationary in history as activity spikes amid FTX collapse
Ethereum became the most deflationary in its history, as the annual supply dipped below zero for the first time since the Merge. According to Ultrasound Money, the annual inflation rate has fallen to ...
Miami Heat Moves Away From The FTX Exchange ‘Heat’
Miami Heat had cut ties with the FTX crypto exchange. The company filed for bankruptcy Chapter 11 on 11 November 2022. FTT token fell by over 90% in the market value. FTX Loses Sports Sponsorship Afte...
This Hedge Fund Might Collapse Over FTX Hack
FTX Hack News: The FTX cryptocurrency exchange’s collapse has marked a major dent in the global digital asset market. It is expected that this decline might continue ahead. However, a major Hedge fund...
Mercedes suspends sponsorship deal with FTX – crypto.news
Luxury automobile brand Mercedes has suspended its partnership with FTX; removes logos from F1 cars. Mercedes suspends deal with FTX World-class German car company Mercedes has suspended its Formula 1...
SBF built bespoke ‘backdoor’ to outwit FTX compliance systems: Reuters
Sam Bankman-Fried built a “backdoor” to his FTX exchange in an effort to change financial records and move funds without alerting others, according to a report by Reuters citing two people...
FTX Hacker Swaps 400 Billion Shiba Inu To Ethereum
400B Shiba Inu from Hacked FTX Funds Swapped to Ethereum (ETH). An address labeled as “FTX Accounts Drainer” appears to have recently converted a whopping 400B SHIB ($3.9M) from the hacked...
User Wallets of FTX Witnesses Millions of Funds Being Drained
12 mins ago | 2 mins read Exchange News The hacker is converting his or her crypto holdings to unfreezable cryptocurrencies. Anyone using the FTX app is asked to refrain from updating or installing it...
FTX Hack; FTT Drops By 36%
Crypto News Today Live Updates November and Latest News: (12 November 2022) The global cryptocurrency market registered a decline of more than 3% after witnessing a broad recovery on Friday. The cumul...
Billionaire Daniel Loeb Denies Report About Potentially Rescuing FTX
Alex Dovbnya The prominent American investor is not interested in bailing out of the cryptocurrency empire In a recent tweet, American billionaire investor Daniel S. Loeb denied being involved in bail...
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain – Bitcoin News
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly ...