Funds were seemingly being channelled out of Alameda wallets, with millions in tokens being redirected to one address this morning. Transactions to the wallet included 9.8 million wrapped XRP (...
Tag: FTX
John Ray III Takes Over as CEO of Bankruptcy Filed FTX
John J. Ray III is registered for insider trading, according to a report from SEC. The once-dominant crypto exchange has fallen apart in the span of a week. Due to a severe lack of funds, cryptocurren...
FTX Collapse Will Speed Up Crypto Framework
Crypto Live News While the crypto market tumbles down with an effect of FTX collapse, one of the leading American banking institutes, JP Morgan is of the opinion that this will benefit crypto space in...
FTX Enters Bankruptcy as Sam Bankman-Fried Steps Down as CEO
Troubled crypto exchange FTX filed for Chapter 11 bankruptcy protection in the U.S., with Sam Bankman-Fried resigning as the CEO. The bankruptcy application included approximately 130 more affiliated...
Almost $600 Million Transferred Out Of FTX Wallets
Crypto exchange FTX is witnessing millions of funds flowing out of FTX wallets. Almost $600 million in abnormal transfers have been reported in just a few hours, with some withdrawals being swapped fr...
Scaramucci’s SkyBridge attempts to repurchase company from FTX – crypto.news
According to Anthony Scaramucci, SkyBridge Capital is attempting to repurchase the 30% of his business that Sam Bankman-FTX Fried purchased months before the crypto exchange collapsed. This effort is,...
Tether Blacklists $30 Million USDT Moved Out By FTX Hacker
Crypto Live News The crypto space woke up with another hack, the FTX hack and this comes a day after Sam Bankman-Fried led FTX filed for bankruptcy. Now, the latest update claims that Tether has black...
Shiba Inu Price Prediction: Sellers Seek Another 45% Drop to 52-Week Low Due to FTX Crisis
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...
Bitcoin Plunges Toward $16K on More FTX Bad News (Market Watch)
The past couple of days have been a complete rollercoaster in the cryptocurrency field, and there are no signs of slowing down. Just yesterday, FTX officially filed for voluntary Chapter 11 Bankruptcy...
The Crypto Market Has Decided To Move On With FTX Bankruptcy
Finally, the game is over for Sam Bankman-Fried as FTX entities filed for Chapter 11 bankruptcy on Friday, November 11. This could probably be the fastest demise for a crypto giant in the history of c...
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for bankruptcy under Chapter 11 in the District of Delaw...
Crypto hedge fund Galois Capital says half of funds stuck on FTX: FT
Crypto hedge fund Galois capital has told its investors that almost half of its funds are stuck on the failed crypto exchange FTX, according to a report in the Financial Times. Kevin Zhou, co-f...
Shiba Inu Determined to Recover Post FTX Crash
Altcoin News From FTX alone 800 million SHIB was transferred with just three transactions. The total amount of SHIB burned in the last 24 hrs reached nearly 12 billion. Shiba Inu (SHIB), the meme toke...
FTX Hit by Nine-Figure Hack as Meltdown Continues
Key Takeaways FTX has been hacked. Over $400 million was drained from the cryptocurrency exchange early Saturday. Employees have moved remaining assets to cold storage. Some have suggested that the in...
FTX Suffers $400M Hack, Remaining Funds Moved to Cold Storage
About $400 million worth of cryptocurrency was siphoned from the beleaguered FTX exchange in the last few hours. After declaring bankruptcy just hours before, the exchange stated that it had been hack...
Over $400 Million Drained From FTX Account Hours After Declaring Bankruptcy
The problems with FTX don’t seem to stop. After failing to honor customer withdrawals, revealing a multi-billion hole in its balance sheet, and ultimately declaring bankruptcy, the exchange is sufferi...
FTX customers attempt roundabout ways to withdraw their funds in Bahamas
As the FTX crisis continues to permeate through the cryptosphere, users of the platform are trying various ways to bypass the official process of withdrawing their funds from the collapsing exchange. ...
3 Things That Can Destroy Crypto Exchange Named by SEC Chair, FTX as Example
Yuri Molchan SEC chairman has likened FTX to Luna, stating that crypto investors need more protection During his recent appearance on CNBC’s Squawk Box show, SEC boss Gary Gensler was snowed und...
SEC Chairman Gensler Discusses Crypto Regulation Following FTX Drops
2 hours ago | 2 mins read Editors News A U.S. congressman is looking into whether Gensler helped the FTX CEO . According to Gensler, Platforms for crypto trading and lending should “come in, talk to ...
FTX ex-exec floats ‘cool token’ idea amid warning rebound may take years
Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns. In a Twitter thread on Nov. 11, Filbfilb, co-founder of trading suite DecenTrader, said t...
White House is Monitoring Current FTX Implosion
The collapse of the FTX Derivatives Exchange has placed all regulators on the edge and White House Press Secretary Karine Jean-Pierre said the Biden administration is monitoring the development surrou...
Novogratz Says FTX Looks Like Theranos
Alex Dovbnya Shocking downfall of second biggest cryptocurrency exchange has been compared to Lehman Brothers, Enron and, of course, Theranos During his Thursday appearance on CNBC’s “Squa...
Nexo Safeguarded User Funds From FTX, but Somerging is off
Nexo, the lending platform, withdrew $219 million from FTX before it paused withdrawals and went insolvent. But there is something unusual taking place. According to the most recent press release, the...
White House Reacts To Crypto Crash, FTX Meltdown
White House Crypto Crash Reaction News: In response to the crypto crash and the high volatility around the industry, the White House representatives made some interesting comments. Speaking to media o...
AZA Finance Issues Correction to Erroneous Inclusion in FTX Chapter 11 Bankruptcy Filing
LONDON–(BUSINESS WIRE)–Statement from Elizabeth Rossiello, CEO and founder of AZA Finance, on the FTX Chapter 11 Bankruptcy filing: “I was shocked and disappointed to see that FTX named BTC Africa S.A...
FTX & FTX-US Hacked! A Pre-Planned Insider’s Move? Millions of Users’ Funds Flow Out
The FTX-drama is getting bitter and bitter every new day, impacting the crypto markets adversely. After the firm filed for bankruptcy, a price movement of nearly $400 million was witnessed late Friday...
FTX Crisis Deepens As Beleaguered Exchange Faces Potential Hack
The FTX crisis is showing no signs of abating, with the exchange now facing the spectre of a potential hack. Officials at FTX appeared to confirm the hack on Telegram and urged users to delete all ap...
FTX Says It’s Been Hacked As $383,000,000 in Crypto Appears To Exit Crumbling Exchange
The crumbling crypto exchange FTX says it’s been hacked. After a flood of users began reporting sudden $0 balances and traders tracked millions of dollars appearing to exit the exchange, FTX general c...
Japanese Regulator Slaps FTX Japan With Business Suspension Order – Regulation Bitcoin News
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered t...
Silvergate Provides Statement on FTX Exposure
LA JOLLA, Calif.–(BUSINESS WIRE)–Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset i...
‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught
With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback. Being one of many coins that FTX CEO Sam Bankman-Fried...
Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
Bitcoin (BTC) was recently trading at about $16,675, down nearly 7%. The largest cryptocurrency by market capitalization was still hovering near $17,000 when CoinDesk reported that FTX, the once-widel...