NFL football star Tom Brady and supermodel Gisele Bündchen staked their $650 million fortune in the now-beleaguered FTX crypto exchange during its bullish days. In June 2021, Brady and Bündchen each t...
Tag: FTX
Solana Ecosystem Imploding in Wake of FTX Collapse
Key Takeaways The Solana ecosystem is suffering from the recent news and rumors of insolvency surrounding FTX and Alameda Research. SOL is down 45% at the time of writing. Data reveal that more than 8...
Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned
Binance CEO Changpeng Zhao says that its tentative agreement to acquire rival crypto exchange FTX wasn’t a planned event. In a memo sent to Binance employees, Zhao says that there was no “master plan”...
FTX Calamity Could be the Last Crisis of the Bear Market, Says Cardano’s Hoskinson
Charles Hoskinson – Founder of the blockchain platform Cardano – thinks the turbulence around FTX and its native token – FTT – could be the last adverse event of the ongoing crypto winter. He finds it...
Traders share pain of potential losses in FTX collapse
Crypto traders took to Twitter to express shock and disappointment in the wake of crypto exchange FTX’s collapse. The industry’s history is riddled with major collapses, with many no...
Crypto Market Could See Biggest Crash In History If Binance Cancels FTX Acquisition — Arthur Hayes ⋆ ZyCrypto
Advertisement     Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX has warned that a decision by Binance to pull out of the FTX acquisition arrangemen...
Why Did FTX Pause Withdrawals if It Wasn’t Trading Customer Funds?
Yesterday was one of the most head-spinning days in the entire history of the cryptocurrency industry, with Changpeng Zhao’s Binance signing a letter of intent to acquire, and effectively bail out, Sa...
The Block: EU crypto legislation will mitigate events like FTX collapse: policy experts
The proposed acquisition of the FTX crypto exchange by rival Binance is bringing European regulators and experts forward — and they’re commenting that the bloc’s new digital asset legislation wi...
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
Sam Bankman-Fried, founder and CEO of the troubled cryptocurrency exchange FTX, appears to have retracted his words about the safety of client holdings on FTX. Bankman-Fried has deleted a Twitter thre...
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person famil...
US Regulators Probing FTX and Alameda Research Over Potential Mishandling of Customer Funds: Report
US financial regulators are reportedly investigating embattled crypto exchange FTX and whether it mishandled its customers’ funds. According to a report by Bloomberg, FTX and its trading arm Alameda R...
Binance spot volume dominance jumps to 71% amid FTX freeze
After turning over more than $51.3 billion in volume over the past 24 hours, crypto exchange Binance currently holds 71% of the spot market for cryptocurrency trading, according to data from The Block...
Sources say Binance could scrap the deal with FTX
Binance’s market-altering deal to acquire rival FTX might not go through, sources close to the matter told CoinDesk. On Tuesday, Binance announced a non-binding letter of intent to take over FTX but n...
FTX Goes Down – Trustnodes
FTX Goes Down – Trustnodes No Result View All Result Trustnodes © 2017-2022. All Rights Fully Reserved. For any Enquiries [email protected] RSS Feed This website uses cookies. By continuing to us...
Binance Walking Away From FTX Deal After Seeing Books, Reports of Mishandling Funds
Key Takeaways Binance may abandon its deal to acquire FTX, according to reports. Yesterday’s news that Binance would acquire its most relevant competitor sent markets reeling. The idea of the de...
Binance Backs Out of FTX Acquisition, Cites Crypto Exchange’s Balance Sheet and Pending US Investigations
Global crypto giant Binance says it’s decided not to acquire the embattled digital asset exchange FTX. In a series of tweets, Binance lays out its reasoning for rapidly deciding not to pursue the deal...
Bettors doubting big time that Binance, FTX deal will close, prediction platform shows
A blockchain-based predictions market is showing increasing skepticism that Binance will complete its non-binding deal to acquire the non-U.S. assets of rival exchange FTX as due diligence gets underw...
Binance Walks Out of FTX Deal – Trustnodes
Binance will not be buying the deeply indebted crypto exchange FTX, the company reportedly said in a statement. “As a result of corporate due diligence, as well as the latest news reports regarding mi...
Galaxy Digital Reveals $77M Exposure to FTX in Q3 Financial Results
Galaxy Digital, the technology-driven financial services and investment management firm helmed by billionaire investor Mike Novogratz, revealed on Wednesday that it has $76.8 million exposure to troub...
US Regulators Probe FTX for Mismanagement of Client Assets: Report
United States financial regulators have reportedly launched a probe into FTX – one of the world’s largest crypto exchanges that is now unable to process customer withdrawals. The investigators intend...
CZ’s Advice To Crypto Companies Point Out What Went Wrong With FTX
Binance’s decision to purchase the FTX crypto exchange eventually put an end to the uncertainty that shrouded it for the last two days. Although the move shocked the space, it eventually brought to li...
Binance CEO says he didn’t ‘master plan’ FTX’s collapse
One day after news broke that Binance might acquire the non-U.S. assets of FTX amid a liquidity crunch, CEO Changpeng Zhao told staff that the near collapse wasn’t planned and would likely trigg...
5 of the best alternatives to FTX
FTX and Sam Bankman-Fried were two names that withhold the test of time in this turbulent crypto market. Sam, better known simply as SBF, was (is? can still be?) somewhat of a legend in the industry. ...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’ – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade ...
Binance Agrees to Buy FTX, FTT Price Surges
Alex Dovbnya Binance intends to fully acquire the FTX exchange Cryptocurrency exchange Binance has signed a non-binding letter of intent (LOI), intending to fully acquire the FTX exchange. This will ...
Bitcoin Is In A Downtrend On All Time Frames: A Price Chart Analysis
A downward trend. getty When they say “the trend is your friend,” it’s not just because the words rhyme: it’s because it happens to be true. If investors are in an asset with the idea of showing a pro...
Snowden On FTX CEO Deleted Tweets, “They Call Me A Criminal”
– Advertisement – Edward Snowden slams Sam Bankman Fried on manipulative market behavior. In a tweet on Wednesday, National Security Agency (NSA) whistleblower Edward Snowden slammed the s...
Binance likely to back out from the nonbinding FTX takeover
There is a feeling within the larger crypto space that cryptocurrency exchange giant Binance is most likely to back out of its proposed rescue FTX takeover. If Binance makes such a move as to pull out...
Crypto Hedge Fund Galaxy Digital Reveals $76,800,000 Exposure to FTX Collapse
Crypto asset manager Galaxy Digital has revealed that it has tens of millions of dollars worth of exposure to embattled crypto exchange FTX. In a new quarterly financial update, Galaxy Digital says it...
Multicoin Capital hit by FTX collapse, with 10% of its fund’s AUM stuck on the exchange
Multicoin Capital, one of the top crypto-focused venture capital firms, is significantly impacted by crypto exchange FTX’s collapse, a letter obtained by The Block shows. The letter, sent ...