Ethereum (ETH) has been gaining more traction in the last few weeks than its rival, Bitcoin (BTC). Many would attribute the bullish character of Ethereum to “The Merge.” However, the change from Proof...
Tag: FTX
FTX Killed Itself When It Stole Billions
Binance has been at the center of attention in the crypto industry following the collapse of its competitor FTX. The company’s CEO, Changpeng “CZ” Zhao, took to Twitter to finally clear the air around...
Congress Really Wants to Regulate Crypto After FTX
With FTX filing bankruptcy and Sam Bankman-Fried now leaving the throes of his once-great company, Congress and the elites in Washington are once again turning up the volume on their arguments for reg...
Nexus Mutual Loses Millions in Maple Finance Credit Pool
Smart contract insurance platforms Nexus Mutual and Sherlock will be taking losses in investments on DeFi credit pool Maple Finance. Maple revealed earlier this week it is cutting ties to cryptocurren...
CZ publicly addresses ‘wrong narratives’ surrounding FTX, Alameda
Binance CEO Changpeng ‘CZ’ Zhao addressed a number of allegedly ‘wrong narratives’ that have been circulating on social media in recent weeks. A list of wrong narratives I have seen recently. — CZ 🔶 B...
Alameda Research’s market manipulation and insider trading took down FTX
The fall of crypto giant FTX has been large and hard to miss. This $30B+ crypto empire, helmed by Sam Bankman-Fried, started a death spiral a few weeks ago owing to poor management. New details have s...
Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says
Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew ...
FTX Collapse Shocks Shiba Inu (SHIB) And Ethereum Classic (ETC)…..
Without a doubt, the cryptocurrency industry took a hit when the FTX empire fell. The market value of nearly every cryptocurrency fell. Even the meme coin Shiba Inu (SHIB) and popular coin Ethereum C...
The 3 Cryptocurrencies Here to Stay – Polkadot, FTX Token, and Big Eyes Coin and Now is the time to Buy Them
Is cryptocurrency the future of financial technology, or is it a short-lived facade? Is cryptocurrency the real deal? This debate has raged since the advent of Bitcoin. We’ll have a look at what the e...
El Salvador Says It Has No Ties to FTX
A rumor was swirling around online that the nation of El Salvador in Central America had tons of bitcoin locked away in the FTX exchange, which has now filed for chapter 11 bankruptcy. However, many i...
After FTX collapse, Goldman Sachs to pour millions into crypto startups
Since the FTX exchange’s demise lowered valuations and depressed investor interest, Goldman Sachs (GS.N) has announced on Tuesday plans to invest hundreds of millions of dollars to invest or buy crypt...
Bahamas fears FTX crash could hurt its rep
The collapse of Sam Bankman-Fried’s (SBF) FTX may have serious repercussions for the Bahamas as a financial services jurisdiction and its ongoing efforts to be seen as a legitimate jurisdiction for cr...
What Will Happen Now That FTX Is Bankrupt?
FTX, one of the world’s biggest and most popular digital currency exchanges, has filed for bankruptcy. This was abruptly followed by the formal resignation of the company’s founder and head executive ...
Goldman Sachs eyes keys deals in crypto after FTX collapse
Wall Street banking giant Goldman Sachs is reportedly hunting for attractive deals in the crypto space post the collapse of crypto exchange FTX. As we know, the FTX contagion has impacted several cryp...
Goldman Sachs to Invest Millions in Crypto Businesses Following FTX Meltdown
The American multinational investment bank – Goldman Sachs – intends to spend tens of millions of dollars to acquire or invest in cryptocurrency organizations. Goldman’s head of digital assets – Matt...
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
As crypto company valuations are affected by the recent FTX debacle, financial services firm Goldman Sachs is looking to swoop in and invest millions to purchase or invest in crypto firms while the pr...
Customer Funds Safe Despite BlockFi, FTX Exposure
The CEO of Silvergate has reassured customers that their funds are safe, but many remain wary. The company had exposure to both BlockFi and FTX through deposits. Crypto bank Silvergate is making attem...
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry – Regulation Bitcoin News
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of inn...
Goldman Sachs sees crypto investment opportunities after FTX fiasco: Reuters
Financial giant Goldman Sachs plans to spend “tens of millions of dollars” to buy or invest in crypto firms whose valuations have been hit by the demise of crypto exchange FTX. The b...
A loophole allowed FTX to secure its Aussie license without full checks: ASIC’s Longo
Joseph Longo, the chairman of the Australian Securities and Investments Commission (ASIC) is calling for a regulatory loophole to be closed that allowed FTX to acquire an Australian Financial Services...
UK Completes Its Plan for Crypto Regulation, Following FTX Demise
44 mins ago | 2 mins read Editors News The UK Treasury is finalizing a plan for the regulation of the cryptocurrency industry. FCA already began monitoring UK’s crypto companies this year. The UK Trea...
Coinbase CEO Denies FTX ‘Accounting Error,’ Claims Funds Were Clearly ‘Stolen’
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase CEO Brian Armstrong slammed Sam Bankman-Fried’s account of how FTX got into a $8 billion hole on Saturday. Armstrong cla...
Sam Bankman-Fried aims at new FTX CEO, John Ray
Former FTX boss Sam Bankman-Fried claims John Ray has shut him out of the happenings in FTX. SBF lashes out at new CEO The former FTX CEO has been on a media marathon since his company collapsed, talk...
Blackrock CEO Speaks on The FTX Meltdown and Crypto Firms
Larry Fink, the CEO of one of the world’s pre-eminent asset management firms Blackrock, speaks over the FTX meltdown. During an interview at the New York Times Dealbook Summit 2022 he said that most o...
Solana (SOL) Attracts Fund Flows Second Week Straight for First Time Since FTX Collapse
According to a fresh fund flow report from CoinShares, Solana-focused investment products attracted $200,000 last week, posting its second consecutive positive weekly result. The achievement came for ...
FTX should scare crypto supporters in Congress
Senate Banking Committee Chairman Sherrod Brown said that the stunning collapse of FTX should serve as a wake-up call for Congress to address the hazards posed by the unregulated cryptocurrency busine...
Gensler to brief House Democrats in run-up to FTX hearing: Exclusive
Democrats of the House Financial Services Committee will hear from Securities and Exchange Commission Chair Gary Gensler in the lead-up to a hearing on FTX next week. Gensler will speak at a Dem...
Bitcoin in Midst of Multi-Month Accumulation Bottom Despite FTX Debacle: On-Chain Analyst Willy Woo
A popular on-chain analyst believes that Bitcoin (BTC) is in the process of carving a bottom following the high-profile collapse of FTX. In a recent interview with crypto analyst Scott Melker, Willy W...
FTX Customers Deposited Approximately $5B Into Alameda Account-SBF
FTX did not have its bank account after its launch- reports. The Failure of the FTX Exchange has given birth to hundreds of unanswered questions, and more than one million users lost their life ...
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022 – Bitcoin News
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent di...
Best’s Commentary: Corporate Governance Lessons for Insurers in the Wake of the Failure of FTX
SINGAPORE–(BUSINESS WIRE)–The collapse of the cryptocurrency exchange FTX highlights the importance of effective corporate governance, according to a new AM Best commentary. The Best’s Commentary, “Co...