SBF Says FTX US Should be Solvent, Unsure Why Withdrawals Not Enabled

Sam Bankman-Fried is doubling down on his claim that FTX US should never have filed for bankruptcy.  The former FTX boss believes the US entity is still entirely solvent and could re-open for withdraw...

FTX Collapse Is An Opportunity

The former CEO and founder of failed crypto exchange FTX, Sam Bankman-Fried (SBF), ended his silent period and has been hit by prominent Bitcoin and crypto proponents. SBF has been talking with mainst...

BlackRock CEO Reveals Company’s $24M Investment in FTX

BlackRock is definitely not the last company to talk about the impact of the FTX collapse. Investment management company BlackRock (NYSE: BLK) CEO Larry Fink has revealed that the company is also one ...

Bitcoin dips under $17,000, Block and Coinbase see mixed fortunes and Silvergate sinks

Crypto prices traded down on Thursday as bitcoin flipped either side of $17,000 just 24 hours after reaching a two-week high. Meanwhile, crypto stocks traded in a wide range during the day’...

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity – Bitcoin News

According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s...

FTX was History, Any Guess Who is neXt?

The ex-Vice President of AAX said ‘The brand is no more.’ As BlockFi, Celsius, and the most recent FTX, are down, AAX reportedly follows the same path. The Atom Asset Exchange or AAX is a ...

Mask Network founder launches FixDAO for Asian FTX victims

Suji Yan, the founder of the Mask Network, has launched a FixDAO raising $200 million for Asian victims of the FTX collapse. Virtual Gofundme for the Asian FTX victims Suji Yan, the founder of Mask Ne...

Circle Yield Pauses New Loans After Repaying Customers

The yield product of crypto payments tech company Circle has halted new loans just weeks after the company reduced its yield to zero as contagion of FTX’s failure spread. Circle Yield is not accepting...

After The FTX Fallout, Sam Bankman-Fried’s Interview Highlight

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Sam Bankman-Fried confronted over the fall of FTX in live interview

Former FTX CEO Sam Bankman-Fried has made his first live public appearance since the collapse of FTX — answering a number of questions during the DealBook Summit in New York on Nov. 30.  The hour-long...

Sam Bankman-Fried Says He ‘Didn’t Knowingly’ Spend Customer Funds, Calls Billion-Dollar FTX Collapse ‘Pretty Embarassing

FTX founder Sam Bankman-Fried is admitting fault for the collapse of the crypto exchange weeks after the firm filed for bankruptcy. Speaking during the New York Times DealBook Summit on Wednesday, the...

FTX Missing Billions Remain Mystery After Bankman-Fried Grilling

(Bloomberg) — Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting t...

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain – Bitcoin News

Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning Americ...

BlockFi blames FTX for bankruptcy but lets bitcoin mining debt slide

Crypto lender BlockFi is blaming its recent bankruptcy on now-infamous Bahama’s-based exchange FTX, citing an unpaid and uncollateralized debt of $275 million. However, despite the money owed from Sam...

CFTC Chair Behnam walks fine line during Congress’ first FTX hearing

After crypto exchange behemoth FTX imploded in a matter of days, the chair of the Commodities Futures Trading Commission walked a fine line in continuing his call for the same legislation Sam Bankman-...

U.S. CFTC Chair To Testify At Today’s FTX Hearing in Senate

– Advertisement – Benham will be the first witness at the FTX hearing scheduled today. The chairman of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Benham, will testify at ...

FTX: SBF insists, but the new CEO freezes it

Yesterday, the former CEO of FTX, Sam Bankman-Fried (SBF) gave a lengthy interview in which he shared his side of the story of the collapse of the exchange he co-founded in 2019.  SBF stated that he n...

FTX Crash Kills The Miami Nightlife

Join Our Telegram channel to stay up to date on breaking news coverage With the recent FTX crash and the surge of bankruptcies, the most unexpected outcome has been the sudden demise of nightclub entr...

SBF was ‘delusional’ in interview, says Galaxy’s Mike Novogratz

Galaxy’s CEO Mike Novogratz thinks Sam Bankman-Fried is “delusional” and will spend time in jail. After watching the former FTX CEO’s live interview with the New York Tim...

‘I’m not like Bernie Madoff’, claims FTX founder Sam Bankman-Fried

Sam Bankman-Fried gave an interview to Good Morning America The founder of FTX has claimed the implosion of the cryptocurrency exchange was “very different” to the Bernie Madoff Ponzi sche...

Blackrock CEO says, firm invested $24 million in FTX

Larry Fink, BlackRock Chairman and CEO said that the firm invested $24 million in the now-bankrupt cryptocurrency exchange FTX through the funds it manages. He added that despite the fact that FTX col...

Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse – Bitcoin News

In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around t...

Joe Rogan says FTX ‘funneled off like $10 billion’ while duping customers

American podcast host Joe Rogan has once again hit out at former FTX CEO Sam Bankman-Fried (SBF), questioning his ability to run the now-collapsed cryptocurrency exchange.  Rogan stated SBF duped most...

Telegram to Build a Decentralized Crypto Exchange to Prevent Another FTX Crash, Says CEO

Pavel Durov – Founder and CEO of the messaging application Telegram – thinks the FTX crash occurred because the blockchain industry has recently deviated from its decentralized nature. He argued that ...

Decentralized crypto exchange volumes nearly double in November amid FTX debacle

Cryptocurrency exchange volumes jumped in November from the previous month as the collapse of FTX roiled markets, with decentralized platforms seeing an increase of 93%. Centralized (CEX) exchan...

Blockchain gaming sector remains resilient amid FTX meltdown saga, new data reveals

Although the cryptocurrency market has only just started to recover from the aftermath of the FTX collapse and the ensuing crisis, the underlying technology has remained strong, especially where block...

Bankruptcy court told FTX and Alameda they owe BlockFi $1B

Court confirms that FTX and Alameda owe BlockFi $1 billion after chapter 11 bankruptcy protection filing. While BlockFi has attempted to separate itself from FTX and Alameda during its bankruptcy proc...

Telegram Set to Launch Crypto Exchange, Non-custodial Wallet in Aftermath of FTX Collapse

Instant messaging service Telegram announced that it will launch a crypto exchange and wallet to fix excessive centralization. Telegram plans to establish a digital currency exchange and a non-custodi...

Sam Bankman-Fried Claims FTX US Users To Be Fully Compensated – But Everyone Else Will Only Get a Fraction Back

Disgraced FTX founder Sam Bankman-Fried is opining about the amounts that creditors of the embattled crypto exchange will receive in compensation. In a new interview with YouTuber Tiffany Fong, Bankma...

Cryptocurrency firm Auros Global misses DeFi payment, thanks to FTX

Cryptocurrency trading firm Auros Global has missed a loan repayment of 2,400 Wrapped Ether (wETH) worth $3 million. The update was shared by the institutional credit underwriter M11 Credit which mana...

The Block: Sam Bankman-Fried details two factors that led to FTX’s demise: NY Magazine

Former FTX CEO Sam Bankman-Fried has been doing a lot of apologizing. From saying so on Twitter to repeating it during yesterday’s keynote interview at the New York Times’ DealBook Summit....

FTX Collapse Won’t Derail UK’s Crypto Agenda, Minister Says

“For me, recent events in the crypto market reinforce the case for timely, clear and effective regulation,” Griffith said. “The Financial Services and Markets Bill already enables us...