| Getty Images Key Takeaways Crypto.com’s CEO stated that the company’s exposure to FTX was limited to $10 million instead of the $1 billion many initially feared. Crypto.com reported that it had reco...
Tag: FTX
The “Lady Crypto” Behind the FTX Crash
Dubbed “Lady Crypto” by the media, Caroline Ellison is the woman accomplice to Sam Bankman Fried and the collapse of FTX. Together with the former FTX CEO, they dreamed of a digital revolution, a radi...
Crypto Lender BlockFi Goes Bankrupt in Aftermath of FTX
(Bloomberg) — BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall. Most Read from Bloomberg BlockFi said in a statement Mond...
BlockFi Files for Bankruptcy Following FTX Crash
Another former cryptocurrency giant has filed for Chapter 11 bankruptcy protection in the United States. Thus, BlockFi has followed the example of companies like Celsius and Three Arrows Capital. The ...
BlockFi Officially Files For Bankruptcy Amid FTX Contagion Effect
BlockFi Bankruptcy News: While the crypto market continues to face the wrath of the FTX collapse, yet another company is falling prey to the contagion. Crypto lender BlockFi will file for chapter 11 b...
BlockFi Bankruptcy In The Latest FTX Casualty
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key takeaways Crypto platform BlockFi has filed for Chapter 11 Bankruptcy in New Jersey, citing exposure to FTX as a major...
House lawmakers set first FTX hearing for Dec. 13
House lawmakers will begin their investigation into the collapse of crypto exchange FTX, and its broader impact on the digital asset industry, at a hearing scheduled next month. The House Financ...
BlockFi files for bankruptcy, cites FTX collapse for its troubles
BlockFi announced on Nov. 28 that it had filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidia...
FTX Collapse: Bankman-Fried Will Receive Zero Dollars
On the morning of November 8, Sam Bankman-Fried, founder and CEO of FTX and Alameda Research, a hedge fund that also trades in cryptocurrencies, was a billionaire. He was one of the richest men in the...
Binance led 2017 ‘dump money’ Bitcoin investment; FTX leads 2022 cycle
Bitcoin (BTC) withdrawal patterns on centralized exchanges have changed significantly over the past five years. CryptoSlate analysis of Glassnode data on BTC’s average withdrawal price on top exchange...
Lagarde calls for broader crypto regulation following FTX collapse
European Central Bank President Christine Lagarde called for more crypto regulations following the collapse of crypto exchange FTX, and cast doubt on the broader digital asset market. The “stab...
Blockfi becomes another victim of the FTX collpase with bankruptcy filing
The FTX downturn is gradually spreading to more cryptocurrency firms as BlockFi is the next firm to file for bankruptcy. BlockFi said Nov. 28 that it filed for Chapter 11 bankruptcy protection in the...
BlockFi Files for Bankruptcy as FTX Contagion Spreads
However, FTX itself filed for bankruptcy in the second week of November, after days of speculation about whether it was fully liquid. The questions were sparked by a CoinDesk report revealing that muc...
This Web3 Gaiming Giant Launches $100 Mln Amid FTX Collapse
Game7, a Web3 gaming DAO, has started a grant program with a $100 million budget amid the FTX collapse. The main objective of this grant is to help programmers in creating the tools to make Web3 gamin...
FTX fall stresses centralization vs decentralization debate
The implosion of FTX, Sam Bankman-Fried’s Bahama’s-based exchange is, by volume, one of the largest financial frauds in history. But despite it impacting more than one million people and with up to $1...
Singapore’s parliament raises governance concerns following FTX collapse
The FTX contagion made its way into Singapore and its parliamentarians cannot come to terms with the fact that their government failed to protect its citizens. The lawmakers are now calling for transp...
After FTX, Which Crypto Company Could Be Next To Topple?
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images The FTX fiasco took bitcoin a big chunk of the way towards my target of $13,000. So was that the bottom or is there more t...
BitBoy alleges O’Leary was key player in Celsius collapse along with FTX
Youtuber Bitboy Crypto, aka Ben Armstrong, alleged the FTX exchange and Canadian entrepreneur Kevin O’Leary were pivotal figures in taking down Celsius. The crypto lending and borrowing platform halte...
FTX Fallout Led Parliament Probe Into Singapore Government
Editors News Singapore government-owned Temasek writes off its investment of $275M on 17 Nov. Officials would face lots of questions by parliamentary over the losses by Temasek. The effects of Sam Ban...
Turkey Seizes “Suspicious” FTX Assets, Crypto Daily TV 28/11/2022
In Todays Headline TV CryptoDaily News: Major Canadian crypto exchange Coinsquare says client data breached. Coinsquare, one of Canada’s largest cryptocurrency exchanges, may have been breached, but t...
Singapore Government Faces Intense Scrutiny Over FTX Collapse: Report
Singaporean Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong are facing intense scrutiny from the parliament over FTX investor losses and the due diligence undertaken by state-own...
Massive Spike in Bitcoin Accumulation From Retail Investors After FTX Collapse
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it. However, on-chai...
FTX misrepresents actions of Securities Commission of the Bahamas
The FTX crisis brings with it the inevitable jump to a 100-ft-deep well. Looking ahead to prevent the fall is the only way to safeguard everyone’s interests. Notes like these come onshore following th...
U.S Midterm Elections Donation by FTX CEO Can Be Recovered
2 hours ago | 2 mins read Exchange News SBF was reportedly the biggest crypto industry contributor and the third greatest donor. FTX had given $70 million to different lawmakers just before the bankru...
Crypto Exchanges Bitfront, AAX Suspend Services Amid FTX Contagion
Crypto exchange Bitfront founded by social media giant LINE on Monday announced shutting down the crypto exchange due to facing challenges in the crypto industry. Users can withdraw their crypto asset...
Bankruptcy experts weigh in on next steps for FTX
Episode 118 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Dan Besikof, a Partner at Loeb & Loeb, and Mark Shapiro, a Partner at Shearman & Sterling. L...
FTX collapse put the Singapore government in a parliamentary hot seat
The collapse of now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime minister Lee Hsien Loong and deputy prime minister Lawrence...
Singaporean Crypto Exchange Next to Close Doors After FTX Collapse
BITFRONT, a cryptocurrency exchange, announced its closure on Monday. The Singapore-based crypto exchange notified users via a website notice, highlighting challenges in the nascent crypto industry. T...
Cardano adds over 100,000 wallets amidst FTX bummer – crypto.news
Despite the crypto winter’s chills, Cardano records increased interest and activity as it added over 100,000 wallets in November amidst the FTX debacle. Cardano stands strong against crypto winter’s c...
Bahamas Attorney General reveals active civil and criminal investigations against FTX
Bahamian Attorney General Ryan Pinder released a statement earlier today to address the situation with bankrupt crypto exchange FTX, which was headquartered in the island nation. In his address, which...
FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows
The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this...
FTX New CEO John Ray III Criticized by Bahamas Government
17 mins ago | 2 mins read Exchange News The battle to decide what to do with FTX’s assets has recently intensified. FTX filed for bankruptcy on November 11. The Bahamian government has criticized new ...