The Binance-FTX drama continues as the deal between the parties hangs by a thread. Yesterday, FTX announced a deal with its competitor to surrender its assets amid a “liquidity crunch.” The crypto exc...
Tag: FTX
Rumors FTX Still Has $1.3 Billion – Trustnodes
FTX may still have $1.3 billion in assets according to an unverified leaked spreadsheet that seems to be based on Zapper, a blockchain dapp that allows you to aggregate defi holdings and assets. The s...
Singapore State Investor Temasek Engaging With FTX For Bailout
There could be a surprising twist in the drama surrounding Sam Bankman-Fried’s insolvent crypto exchange FTX. As reported by The Straits Times, a possible government takeover by Singaporean state inve...
FTX Is Bust and Crypto Is Plummeting. What Happens Next?
Key Takeaways Binance has signaled that it plans to acquire FTX as the younger exchange battles a “liquidity crunch.” Crypto prices are plummeting in the fallout from the bombshell announc...
Binance is Highly Unlikely to Complete FTX Rescue Deal: Report
Binance, the world’s largest crypto exchange, is reportedly ready to back out of a deal to rescue FTX only a day after announcing its buyout deal. A review of FTX’s financials has apparently led Bina...
Coinbase CEO Says The Crypto Exchange Won’t Suffer The Same Fate As FTX
While discussing what happened to FTX, Brain Armstrong, CEO of Coinbase, bragged that his firm is not vulnerable to that kind of issue. He, however, suggested possible reasons behind FTX’s fallout. FT...
Circle, OKX Firms Deny Debt Exposure To FTX Alameda Research
The global crypto market registered a massive plunge on Wednesday due to the increased volatility due to Binance’s massive announcement of acquiring FTX. However, the top digital asset firms have come...
The Block: Lack of FTX buyer would leave ‘giant hole’ in crypto markets: Circle CEO
FTX’s collapse was “sort of a shock,” that spoke to the lack of public visibility into the company’s balance sheet, said Circle CEO Jeremy Allaire during a Wednesday appearance on CNBC. Asked wh...
Which Coins Will FTX And Alameda Dump? Red Flag for Solana
Following the FTT token, Solana (SOL) in particular is currently suffering a massive price slump. As a report revealed last week, the SOL token is one of the major assets on FTX’s balance sheet. If Bi...
Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance
The huge changes in the crypto exchange market on Nov. 8 led to equally massive waves of commentary. The UpOnlyTV channel on Twitch was a beneficiary of this activity, with Do Kwon and Martin Shkreli ...
Solana Price Drops Amid Sam Bankman-Fried’s FTX Scandal
13 seconds ago | 2 mins read Altcoin News The total Solana liquidated recorded $12.45 million in the last 24 hours. Solana (SOL) is down by 93% from its all-time high. The current scandal over Sam Ban...
FTX crisis is driving away crypto giants
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposu...
Binance Considering Walking Away From FTX Deal After Seeing Books
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...
Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda
Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of Tether. CEO of USDC issuer, Jeremy Allaire, assured the c...
Binance to buy non-US operations of FTX
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Bin...
Galaxy Reveals $76 Million Exposure To FTX Exchange
Investment firm Galaxy Digital has been affected by the consequences of the “crypto exchange wars” between FTX and Binance. The former platform entered into a non-binding agreement with Binance to pot...
FTX Subsidiary Alameda Research’s Assets And Debts On DeFi
Crypto exchange FTX reached out to rival crypto exchange Binance for seeking help with the liquidity crisis. As a result, Binance signed a non-binding LOI with the intent to acquire FTX. Meanwhile, Al...
Singapore state investor Temasek engaging with FTX as a shareholder: Reuters
Singapore government-owned investment firm Temasek said it’s monitoring the situation with crypto exchange FTX, one of its investments, according to Reuters. “We are aware of the de...
Crypto Financial Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX
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Australian Crypto Fund Sells FTX (FTT) Tokens
Alex Dovbnya Things are seemingly getting worse for FTX (FTT) token DigitalX, an Australian cryptocurrency fund, has decided to liquidate its FTX (FTT) token holdings in light of the recent FTX/Binanc...
Galaxy Digital CEO Michael Novogratz ‘Angry’ About FTX
Galaxy Digital is tied up in the pandemonium that hit crypto markets in recent days, which have seen FTX beset by a liquidity crisis and Binance CEO Changpeng Zhao revealing his company’s intention to...
Binance’s rescue of FTX shows no crypto company is ‘too big to fail’
Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022. Ben Mcshane | Sportsfile | Getty Images Binance’s agreement to salvage rival cryptocurrency exchange FTX from co...
Circle & Tether Deny Any Connection With FTX Or Alameda
Crypto Live News There were speculations that Circle and Tether, which supports USDC and USDT respectively, have some connection with FTX and Alameda. However, Jeremy Allaire, Circle CEO cleared via T...
Can FTX CEO SBF Face Do Kwon Like Legal Troubles?
Sam Bankman-Fried is quickly becoming an outcast in the crypto community. After a liquidity crisis, SBF’s giant crypto exchange FTX will be acquired by Binance, CEO Changpeng Zhou revealed. Binance i...
FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves – Bitcoin News
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for t...
FTX acquisition could grant Binance control over 80% of global crypto market
After throwing its fellow cryptocurrency exchange a lifeline from the recent liquidity crunch, research has shown that the deal to acquire FTX might benefit Binance much more than just gaining a major...
Crypto market split 50/50 on Binance FTX deal going through
Yesterday, the world’s largest crypto exchange Binance announced it’s set to buy out struggling Bahamas-based rival FTX pending due diligence. However, markets are seemingly 50/50 on the chances of th...
Bybit: crypto must ‘step up’ transparency efforts in FTX aftermath
Bybit, one of the world’s largest crypto exchanges, wants to see more transparency across the crypto market as the industry once again looks to emerge from another staggering episode of confidence-sup...
FTT, SOL, APT tank over FTX insolvency woes
The “crypto feud” between Changpeng ‘ Zhao (CZ) and Sam Bankman-Fried (SBF) took a turn for the worse on Nov. 8 — culminating in the biggest bull trap in recent memory. Since Nov, 6, when CZ tweeted B...
Bitcoin Price Predictions As FTX Goes Insolvent (Breaking)
The Bitcoin (BTC) price is up after spiking to an intra-week high of $21,515 on several exchanges. The Federal Open Market Committee’s (FOMC) decision to raise interest rates by 0.75% again and...
Coinbase chief Brian Armstrong Isn’t Interested in FTX U.S.
The contagion of the FTX token collapse has spread across the entire crypto market. On Tuesday, November 8, the broader crypto market lost nearly $100 billion tanking by 10%. The Coinbase (NASDAQ: COI...