Amid FTX’s liquidity crisis and the subsequent crash of the crypto market, there lies the opportunity to invest and make money in the coming years. Crypto market crashes are a boon and a bane at the s...
Tag: FTX
SBF’s $16 billion fortune is gone, Bloomberg’s Billionaires Index shows
Sam Bankman-Fried, the former CEO of now-bankrupt FTX and a former billionaire, saw his net worth wiped out over the past 24 hours after it fell $861 million, a decline of 100%, according to Bloomberg...
FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories
Events are unfolding fast as the cryptocurrency market is rocked again, this time by FTX. Facts and non-facts are hard to sort out under these conditions, especially since both seem to be depegged fro...
Los exchanges regionales de FTX lentamente vuelven a permitir los retiros
Estas sucursales regionales de FTX son totalmente propiedad de la empresa responsable en Antigua, FTX Trading Ltd., y otorgan licencias de la tecnología de FTX a cambio de regalías que se envían a la ...
Is this the end? FTX officially commence Chapter 11 Bankruptcy protection
One of the world’s top-tier crypto exchanges FTX has fallen and is now on the brink of bankruptcy. According to a press release shared on Twitter, Alameda research FTX group with its 130 affiliated co...
FTX Impersonators Launched “Compensation Program”
Vladislav Sopov Scammers from Twitter have already found way to lure gullible holders of FTT tokens Contents “FTT Token compensation” program launched by scammers Why is this scam dangerou...
TRX Trading at Quadruple Price on FTX; JST and BTT at Sky High Price
FTT token has created panic among holders, and users are looking for a way to withdraw. FTT, the native token of FTX, crashed between 8-9 November, and the token’s prices decreased by 90-95 percent. ...
FTX users exploit loophole to withdraw crypto
Listen to this article. As the FTX meltdown continues, worried users are turning to inventive, risky, and most probably illegal workarounds to attempt to extract what funds they can from the Bahamas-b...
$175 million of Genesis locked in FTX – crypto.news
Genesis has announced they have $175 million locked up in FTX. The entity further claims that the locked funds do not affect genesis’ market-making activities. Genesis’ funds locked On FTX due to liqu...
Crypto-To-Fiat Payment Firm Swapin Drops Fees 65% Following FTX Fiasco To Support Crypto Community
– Advertisement – All across the cryptocurrency community, there is only one topic of discussion at this very moment. That’s because the significance of the situation and the impact it’s h...
Analysis of Alameda and FTX Chapter 11 Bankruptcy Filing
November 11, 2022, 11:39AM EST • 5 min read Quick Take November 11, 2022 Alameda files for Chapter 11 Bankruptcy Protection Alameda estimates there will be funds left over to distribute to the more th...
FTX US Announces Cessation of Trading Activities in Few Days, But Withdrawals Still Open
The US arm of troubled company FTX is closing trading activities soon but still permits customers to make withdrawals. FTX US recently announced it will suspend trading activities in a few days. Howev...
In spite of FTX catastrophe, Bitcoin whales lead aggressive accumulation phase
The events of the past week have led to significant sell pressure across the crypto market. Since FTX insolvency rumors broke on Nov. 6, peak outflows saw $270 billion leave the market. Despite the be...
Despite Closed Door, Justin Sun Says He’s Ready to Inject Billions into FTX – Report
The distress of FTX Derivatives Exchange and Sam Bankman-Fried’s call for help might be coming off with an impressive turnout as Justin Sun, the founder of the Tron blockchain has revealed his intenti...
Bankman-Fried said FTX.US was ‘FINE!’ one day before bankruptcy filing
Former FTX CEO Sam Bankman-Fried insisted the U.S. arm of his crypto empire was “FINE!” after the company’s utility token collapsed — right up until FTX.US filed for bankruptcy on Friday morning. ...
FTX and Alameda File for Bankruptcy, SBF Resigns as CEO
FTX has filed for Chapter 11 Proceedings in the United States. This follows the fiasco over the past couple of days where the company failed to honor its customer’s withdrawal requests. In a press rel...
Enron Guy Brought in to Sort Out the FTX Mess – Trustnodes
The guy who dealt with the Enron mess, and recovered $20 billion for creditors, exceeding expectations as it amounted to 50 pence to the dollar, is now to deal with the biggest bankruptcy of 2022 in t...
Tron Founder Justin Sun Says FTX Acquisition Possible
Tron founder Justin Sun in a Bloomberg interview on Friday said his team is currently working on due diligence over the potential acquisition of FTX. The major motivation behind the move is resolving ...
El Salvador President Denies Storing Bitcoin on FTX: Binance CEO
El Salvador’s president—who once admitted buying Bitcoin on his phone while naked—today assured his constituents that the country’s crypto holdings were safe and not on the collapsing exchange FTX, ac...
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
The recent liquidity crisis at FTX will increase regulatory scrutiny in the crypto industry, which is what institutional investors are seeking, a number of sources told Cointelegraph on Nov. 10. “This...
Sam Bankman-Fried’s Net Worth Goes to Zero As Crypto Catastrophe FTX Files for Bankruptcy
Embattled crypto exchange FTX is filing for bankruptcy as its founder resigns from his role as the firm’s chief executive. In a new press release, FTX says it is filing for Chapter 11 bankruptcy while...
FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi
Despite sell-offs, Uniswap, Balancer, Curv, and other decentralized exchanges (DEXs) and decentralized finance (DeFi) platforms have been functioning smoothly, enabling users to exit their crypto posi...
Mapping Out Alameda Research & FTX Ventures’ Portfolio
November 11, 2022, 11:13AM EST • 35 min read Quick Take FTX and Alameda Research, which was absorbed by the former in 2022, were both founded by Sam Bankman-Fried DeFi was the main category that the f...
Crypto Erases Gains, FTX Token Slips Further on Bankruptcy News
On news that the carnage in the crypto space will impact far more than one exchange, tokens slipped Friday, and FTX coin led the decline following news of the firm’s bankruptcy. FTT has tanked around...
US Lawmaker Claims SEC Chair Gary Gensler Was Trying To Help FTX ‘Obtain Regulatory Monopoly’ Over Crypto
Minnesota Representative Tom Emmer says his office is looking into allegations of a conspiracy between the U.S. Securities and Exchange Commission (SEC) chairman and embattled crypto exchange FTX. Acc...
Best Crypto to Buy Now After FTX News and Crash – 4 Presale Tokens
Join Our Telegram channel to stay up to date on breaking news coverage The effects of the FTX collapse have caused a huge crypto market slump over the past 24 hours. With such a major role as a market...
Coinbase stock jumps following FTX bankruptcy filing
Coinbase shares soared in the wake of crypto exchange FTX’s bankruptcy filing. The stock rose as high as 7% from the open, according to TradingView, reaching $55.65. The stock has lost som...
Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator – Regulation Bitcoin News
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisiona...
FTX US announces it may halt trading on its platform in a few days
In a long apology, the CEO of FTX, Sam Bankman-Fried — popularly known as “SBF” — assured the crypto community that the recent turn of events was only going to affect FTX international. According to h...
Bankman-Fried’s really, really sorry ‘again’ following bankruptcy filing
Sam Bankman-Fried, the founder and former CEO of the FTX crypto exchange that filed for Chapter 11 bankruptcy protection today, said he was “really sorry, again, that we ended up here.” &#...
FTX, FTX US and Alameda File For Bankruptcy – Trustnodes
All FTX related entities have filed for bankruptcy according to Sam Bankman-Fried, its CEO and founder. He said: “Today, I filed FTX, FTX US, and Alameda for voluntary Chapter 11 proceedings in the US...
Binance CEO ‘CZ’ Confirms El Salvador’s Bitcoins Not on FTX
Bitcoin News With a $9 billion shortfall to fill, FTX is fighting for survival. El Salvador last year approved Bitcoin legal money in the Central American nation. According to Binance CEO Changpeng Zh...