SEC Chairman Gary Gensler addressed the ongoing market crisis caused by the FTX fallout during an interview on CNBC’s Squawk Box. Gensler, who has been pushing for increased regulation and targeting v...
Tag: FTX
White House is monitoring FTX implosion, calls for more crypto regulation
The Biden administration has renewed its call for more rules around cryptocurrencies in the U.S. “The administration has consistently maintained that without proper oversight cryptocurrencies ri...
Binance Coin Price Prediction – BNB to $1000 Now CZ Backs out FTX Deal?
Join Our Telegram channel to stay up to date on breaking news coverage This has been a very turbulent week for the crypto universe, with so many developments adding new dimensions to this sector. It a...
Voyager has no assets on FTX, says deal not done
Bankrupt crypto lender Voyager has not transferred any crypto or assets to FTX, Voyager’s Official Committee of Unsecured Creditors tweeted. Voyager’s planned deal to sell its assets...
Tether Reportedly Freezes 46M USDT on Tron Owned by FTX
Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply with law enforcement agenci...
Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you
Tron’s stablecoin USDD de-pegged following significant USDD conversions to USDT and USDC TRX has since recorded massive coin distribution leading to a further price decline amid the FTX debacle Amid t...
Bahamian regulator investigating problems at FTX: Tribune
A Bahamian regulator is investigating problems at crypto exchange operator FTX, local newspaper The Tribune reported citing unnamed sources. FTX Digital Markets, an FTX unit, is licensed in the...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors – Bitcoin News
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto c...
Bitcoin Jumps on Inflation Cooling, YoYos on FTX Liquidation – Trustnodes
Bitcoin rose more than 10% to just under $18,000 from a recent low of $15,500 while Nasdaq has risen a very rarely seen 7.35%. Inflation rose 0.4% in October, below expectations of 0.6%, and 7.7% over...
Tron, FTX broker deal for customers to withdraw certain tokens
A deal brokered between Tron and FTX will soon facilitate withdrawals on the struggling exchange. On FTX, 1:1 withdrawals for digital assets including TRX, BTT, JST, SUN, and HT tokens will be e...
Coinbase, Ripple CEOs Blame SEC for FTX User Strife
The FTX brouhaha has further highlighted a problem with US regulation: Securities and Exchange Commission (SEC) ambiguity has forced the top crypto exchanges to operate offshore, leaving customers exp...
FTX US Warns of Trading Halt Hours After Bankman-Fried Says It’s ‘100% Liquid’
Crypto exchange FTX US – the U.S. wing of Sam Bankman-Fried’s crypto trading empire – warned its users to close their positions as it might halt trading in the coming days. “Announcement 2...
Hodlnaut Had $18M Worth Crypto On FTX
Crypto Live News Hodlnaut, a Singapore based firm which was among many firms that succumbed to bear market in May freezed withdrawals in August after it lost $189.7 million. Now, the firm has been hit...
Vows FTX to Make Customers Whole
Sam Bankman-Fried issued an official apology following the collapse of his cryptocurrency exchange. He talked about making customers whole and finding a solution that would be best for all parties inv...
FTX sees $8 million in withdrawals, but crypto traders remain skeptical
UPDATE (3:05 p.m. ET): Zane Tackett, FTX’s former head of institutional sales, wrote on Twitter earlier today: “Per our Bahamian HQ’s regulation and regulators, we have begun t...
People charmed by FTX CEO Sam Bankman-Fried will be ‘looking and feeling fairly silly,’ Larry Summers warns of crypto crackdown
The exponentially increasing troubles at FTX, previously one of the largest crypto exchanges in the world, could be the catalyst to increased federal regulation of the cryptocurrency world, warned for...
Over $250,000,000 in Bitcoin Withdrawn From FTX, but One Group of Investors Isn’t Touching Their BTC: Glassnode
Blockchain metrics platform Glassnode says that FTX witnessed a massive Bitcoin (BTC) outflow amid news of liquidity challenges at the crypto exchange. Glassnode says that approximately 14,500 Bitcoin...
Wall Street sees tightening of regulatory screws after FTX crypto catastrophe
Wall Street may not have seen the FTX debacle coming, but veterans of traditional finance recognize that once the dust settles there will be a new crypto paradigm. “Wall Street is clearly spook...
FTX lent over half of its customer funds to affiliated trading firm: WSJ
Embattled crypto exchange FTX, once the third-largest crypto exchange by trading volume, reportedly lent more than half of its customer funds to its affiliated trading firm Alameda Research, exposing ...
Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles
The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like t...
Embattled Crypto Exchange FTX Lent Billions in Customer Assets To Fund Alameda Research: Report
A new report claims that troubled crypto exchange platform FTX lent billions of dollars worth of its customers’ assets to fund its quantitative trading branch. According to The Wall Street Journal, FT...
‘Urgent need for legislation’ after FTX collapse, says Maxine Waters
There is an “urgent need for legislation” after the sudden collapse of crypto exchange FTX, Rep. Maxine Waters, D-Calif., said in a statement. Waters, the chair of the House Financia...
After Warning About FTX, Bitboy Says Do Not Buy Tron Stablecoin (USDD)
– Advertisement – Bitboy now has a helpful warning for market participants. Crypto Youtuber Ben Armstrong, popularly known as Bitboy has warned through a tweet that staying in Tron’s stabl...
Galaxy Digital Reveals $76.8M Exposure to FTX Exchange
6 hours ago | 2 mins read Blockchain News Galaxy Digital has reported that $47.5 million is in the withdrawal process now. The firm claims it has $1.5 billion in liquidity despite the present crisis. ...
Crypto Twitter distraught over FTX collapse
The world’s third largest exchange FTX collapsed within a matter of days and the community’s pain is visible to all on Crypto Twitter. The severity of losses Crypto Twitter has been plainly demonstrat...
FTX’s Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters
Beleaguered crypto exchange FTX is seeking to raise more than $9 billion to plug a financial shortfall, according to Reuters. CEO Sam Bankman-Fried is looking to draw funds from numerous sources...
SEC Chair on FTX Collapse: Investors Need Better Protection
The collapse of the beleaguered crypto trading platform, FTX Derivatives Exchange has pushed top government officials, including Gary Gensler, the Chairman of the Securities and Exchange Commission (S...
SEC Chair Gary Gensler Addresses FTX Implosion, Says Regulations Very Clear but Crypto Industry Non-Compliant
The head of the U.S. Securities and Exchange Commission is responding to the collapse of FTX by saying the crypto industry is largely non-compliant with existing regulations. In a new interview with C...
Crypto Companies Warned Amid FTX Fall
Gary Gensler FTX Comments: After the fallout of Sam Bankman-Fried‘s FTX, Gary Gensler spoke on the crypto crash and the way forward. The US arm of FTX is already under investigation by the US SEC over...
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’ – Bitcoin News
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some...