BlackRock lost $24M in FTX collapse

BlackRock‘s CEO Larry Fink revealed that the asset manager had invested $24 million in FTX, which it considers lost. Fink added that the investment was small and not part of Blackrock’s co...

Bitcoin Sentiment in US Recovering After the FTX Meltdown (Analysis)

The bitcoin premium on Coinbase was deep in a negative state for weeks after the collapse of once the third-largest cryptocurrency – FTX. However, positive signs coming from the metric’s reversal sugg...

USDT Remains Unaffected From FTX And Alameda Collapse

In the past week, Tether has blocked $31.4M USDT after the hack of FTX. Tether has remained unaffected by the recent falls. Tether has maintained its dominance in the crypto-verse. Despite Alameda bei...

FTX proves MiCA should be passed fast, officials tell European Parliament committee

The European Parliament Economic and Monetary Affairs Committee held a hearing on the “FTX cryptocurrency exchange collapse and implications for the EU” on Nov. 30. Three European monetary...

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ – Coinotizia

On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the cr...

CFTC Chairman Rostin Behnam to Be Grilled Over FTX Crash (Report)

The US lawmakers will reportedly discuss FTX’s collapse with Rostin Behnam – Chairman of the Commodity Futures Trading Commission (CFTC). The authorities will examine whether the regulator could have ...

Bankman-Fried-backed bill to feature in Congress’ first FTX hearing

The regulatory legislation supported by embattled former FTX CEO Sam Bankman-Fried will be back in the spotlight during the first congressional hearing on FTX’s collapse. Though the Senate bill’...

Tezos Co-Founder Kathleen Breitman on FTX Fallout: ‘A Lot of Goodwill Is Gone Now’

It’s always been a point of pride for Tezos co-founder Kathleen Breitman that the network doesn’t have a public face or figurehead.  Sure, she does plenty of interviews—including one with Decrypt for ...

Assessing the current state of FTX, tracking stolen funds, and SBF’s two cents on…

On 29 November, the FTX hacker attempted to sell a portion of the stolen funds on the OKX exchange SBF claimed the hack was done by someone who had an understanding of the exchange in his recent inter...

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ – Bitcoin News

On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the cr...

Telegram Announces Plans to Build Decentralized Crypto Exchange Following FTX Failure

As the collapse of the crypto exchange FTX shakes faith in the industry’s centralized players, Telegram is stepping in to build trustless and decentralized alternatives.  In his Telegram channel on We...

Dealbook interview: New York Times continues to defend SBF & FTX collapse

SBF’s net worth collapsed from $25B to a mere $100,000 in a matter of a few months alongside its company FTX and Alameda. According to Crunchbase, the total value of FTX was $40 billion at the end of ...

Solana & FTX: The Level Of Impact

Solana might take an outsized hit from the FTX debacle. This year will most certainly be remembered for the bankruptcy and liquidity crisis. As the FTX cancer spreads, numerous projects and businesses...

SBF Claims FTX US Is Fully Solvent & Withdrawals Could Open Today

2 hours ago | 2 mins read Editors News SBF thought that Ledger X and FTX US derivatives would “even be up and operating right now.” He stated that the majority of his donations were for pandemic preve...

US Treasury Secretary Yellen refers to FTX failure to “Lehman moment” for crypto

Ms. Yellen, in her remarks at the New York Times DealBook summit, referred to cryptocurrencies as “hazardous assets” and expressed gratitude that the recent volatility in the cryptocurrency market had...

Cardano’s Hoskinson: FTX Collapse Proves ‘Absolute Need’ for Decentralization

The recent collapse of crypto exchange FTX highlights the “absolute need” for decentralization, according to Cardano founder Charles Hoskinson. Speaking at the Financial Times Crypto and Digital Asset...

FTX US is Completely Solvent and Withdrawals Are Open

The post FTX US is Completely Solvent and Withdrawals Are Open appeared first on Coinpedia Fintech News Sam Bankman-Fried, also known as SBF, commented on the FTX US’s solvency in a recent inter...

Telegram Set To Launch Crypto Exchange Following FTX collapse

Pavel Durov, the founder of Telegram, has revealed that the messaging service intends to launch decentralized cryptocurrency products in the near future. These products will include the launch of a cr...

LedgerX transferred $175 million to bankrupt FTX US

LedgerX, a division of the bankrupt cryptocurrency exchange FTX, is reportedly getting ready to contribute $175 million to the bankruptcy proceedings of its parent company. Company may release funds o...

FTX Collapsed Because It Created Its Own Token –Binance Next?

BlackRock CEO Larry Fink ascribes the downfall of FTX to its own token, leaving others to fear the same scenario may transpire for Binance. BlackRock’s chief executive spoke about his company’s involv...

What Do Investors Think About Plona (PLON), FTX Token (FFT) and Quant (QNT)?

Investors play a pivotal role in the crypto marketplace. They possess a significant amount of weight in the performance of a cryptocurrency. FTX Token (FFT) and Quant (QNT) are proof of what loyal inv...

The World’s Largest Asset Manager Was Also Exposed to FTX

BlackRock – the largest asset manager in the world – lost millions of dollars inside FTX, according to CEO Larry Fink. The BlackRock chief spoke at The New York Times Dealbrook Summit on Wednesday, co...

What JP Morgan Thinks About FTX Collapse – Hopeful About the Future

Join Our Telegram channel to stay up to date on breaking news coverage Following the aftermath of the FTX collapse, JPMorgan says that the event could trigger the pace of cryptocurrency regulations, a...

Sam Bankman-Fried’s FTX roadshow goes on: 10 crazy things he’s just said

Sam Bankman-Fried sure isn’t going quietly into the night. With his crypto empire in ruins, numerous federal probes and years of litigation hanging over his head, the FTX founder has counter-intuitive...

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within cr...

The Government of Bahamas criticizes new FTX CEO

Authorities in the Bahamas, have criticized the new FTX CEO concerning the ongoing restructuring at FTX. It is the latest in the rounds of escalating tensions between the Government of Bahamas and and...

Sam Bankman-Fried Responds To FTX Collapse In New Interview

Topline Former FTX CEO Sam Bankman-Fried claimed in a live New York Times interview Wednesday the collapse of his cryptocurrency exchange was driven by numerous mistakes on his part rather than fraudu...

Blackrock CEO Larry Fink Says FTX Failed Due To FTT Token

FTX News: Asset manager Blackrock is one of the big names associated with investments in bankrupt crypto exchange FTX. In a latest, Larry Fink, the chairman and CEO of BlackRock, made some interesting...

Bankman-Fried ‘Substantially Underestimated’ Size, Speed of FTX Collapse

In a highly anticipated and wide-ranging interview, FTX founder Sam Bankman-Fried claimed he was both unaware of and not intentionally committing fraud — and largely dismissed his prospects for crimin...

Sam Bankman-Fried tries to defend FTX collapse, apologizes (again)

Sam Bankman-Fried just wrapped up an interview with Andrew Ross Sorkin at the New York Times DealBook Summit. The Block tuned in and kept a running tally of what he had to say. Thanks for sticking wit...

Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says

Singapore’s government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong. Wong, who is al...

Unusual Wobble in Wrapped Bitcoin Showed Trader Fear

The collapse of FTX has put crypto market participants on edge.  You see it in the embrace of unsubstantiated, doomsday Twitter chatter, no matter how fanciful. And you see it in the decoupling o...