Following the collapse of crypto exchange FTX, which was headquartered in the island country of Bahamas, Bahamians are reportedly still trying to find a way to make sense of everything, while remainin...
Tag: FTX
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The ce...
Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
The monumental collapse of FTX will go down as one of the biggest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX penned a l...
Crypto Trading Firm ‘Hayvn’ Plans Bidding For Acquiring FTX Pay
9 seconds ago | 2 mins read Exchange News Executives at Hayvn believe FTX Pay is a good fit for the Hayvn Pay system. The Hayvn board has authorized a strategy to publicly bid for FTX Pay. On Friday, ...
Crypto Lender Matrixport Seeks $100M Funding amid FTX Turmoil
Matrixport wants $100 million in funding at a $1.5 billion valuation as the crypto space still reels from the FTX collapse. Matrixport Technologies Pte is seeking substantial funding at a higher valua...
FTX collapse could have been avoided
Business risk is a difficult thing to weigh but even more so is the risk related to investments, the FTX collapse could and should have been avoided How the collapse of FTX could have been anticipated...
Bahamas Securities Commission calls FTX CEO John Ray’s allegations inaccurate; says its actions were ‘misinterpreted’
The Securities Commission of The Bahamas (SCB) rejected FTX’s CEO John Ray III’s allegations that it directed unauthorized access to the embattled exchange’s system after it filed for bankruptcy, acco...
Defunct Crypto Exchange FTX and Sam Bankman-Fried Facing Fraud Investigation in Turkey
Bankrupt crypto exchange FTX and its co-founder Sam Bankman-Fried could face fraud charges overseas as Turkish officials probe the former CEO. According to a new announcement by Turkey’s Financial Cri...
Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse
The Aragon Project increased the ether (ETH) holdings in its treasury by over $20 million in an attempt to improve its exposure to more censorship-resistant crypto assets. Aragon swapped $20.4 m...
Can You Buy Bitcoin Without an Exchange Like FTX? We Tried.
Bitcoin is supposed to be a “trustless” token, but you’ll still need to place your trust in someone or something. Illustration by Barron’s Staff FTX’s bankruptcy got us wondering: Can you buy Bitcoin ...
CZ Says Luna Collapse Very Different From ‘Ponzi’ FTX: Reason
CZ Comments On FTX Collapse: CZ made some interesting comments on the future of crypto at the Binance meet up Athens on Friday. The Binance CEO compared the evolution of the crypto ecosystem with the ...
8 U.S. House Members Attempted to Stop SEC’s Inquiry Into FTX Activities
– Advertisement – The congress members claimed that SEC’s inquiries in the crypto community could kill American innovations. According to a recent report by prominent media outlet, The Ame...
A Film On The Downfall Of The World’s Largest Crypto Exchange FTX
The entire crypto industry was curious to know the reason behind the FTX downfall in the crypto market. Many questions still need to be solved for FTX users. Every crypto user wants to know one of the...
FTX Shark Bait, Ripple and BitBoy
Crypto news: We bring you a round up of what’s been happening in crypto this week. And, spoiler alert, FTX features prominently again. O’Leary Jumps the Shark FTX continues to spread its acrid pall, s...
FTX Collapse Hurts Confidence, These Companies Will Profit
The collapse of the second crypto exchange, FTX, may become one of the most traumatic episodes for the nascent asset class. However, as is often the norm in financial markets, the losses for one party...
Wrapped Bitcoin DAO removes FTX, nine others in move to new multisig
WBTC DAO, the community that administers the Wrapped Bitcoin (WBTC) project, is moving to a new smart contract multisig, replacing signers that are no longer active. The new set of signers will be res...
Here’s how centralized exchanges aim to win back users after the FTX collapse
Centralized crypto exchanges play a huge part in the crypto trading ecosystem. However, the FTX collapse showcased how difficult it is to trust exchanges with user funds. Despite this, crypto trading ...
Caroline Ellison, hate, misogyny, FTX, and the media – Making sense of it all
There is something unequivocally spellbinding about the bear market. It reveals investors’ prudence and flushes out faint-hearted tourists. You can look at it as a catharsis of sorts. Above all that, ...
Tesla CEO Said ‘Semafor Is Owned’ by FTX Co-Founder SBF
The Tesla CEO, Elon Musk, has a very active social media presence. He generally shares his thoughts through his tweets. Amid the current market downtown and FTX fallout, he called out the news website...
Abu Dhabi-Based Crypto Firm Plans To Acquire FTX, But There’s A Catch
Crypto trading firm Hayvn based in Abu Dhabi, the UAE considering a bid for collapsed FTX’s payments business FTX Pay, the company said on Friday. Hayvn executives consider FTX Pay as a well-suited bu...
Turkey seizes FTX assets in the country amid the ongoing investigation
Assets belonging to former FTX CEO Sam Bankman-Fried have been seized by the country’s Financial Crimes Investigation Board, locally known as MASAK, following the collapse of his main business. An off...
FTX stake in US bank raises concerns about banking loopholes
The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks f...
From Terra, Celsius to FTX Collapse
Altcoin News Crypto lender Genesis is on the bankruptcy radar triggering more panic. The global crypto market has fallen to the $800B range amid the FTX fiasco. The casualties of the FTX collapse are ...
Cardano adds over 100,000 wallets in November despite FTX debacle
Although the cryptocurrency market activity has largely been suppressed across 2022, several networks are recording increased interest and activity. In particular, the decentralized finance (DeFi) ne...
Binance, others line up bids for bankrupt Voyager after FTX collapse
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty ...
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown – Finance Bitcoin News
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s effo...
Binance releases proof-of-reserves system, starting with bitcoin
Binance has released its proof-of-reserves system, starting with bitcoin, in order to show that the exchange is healthy and solvent. This comes just weeks after rival exchange FTX collapsed, aft...
DCG CEO Reacted On Recent FTX Chapter 11 Bankruptcy
The FTX Chapter 11 bankruptcy is a barrier to upcoming digital currencies in the crypto market. In the past two weeks, crypto users have been affected due to price fluctuations in the crypto market. M...
FTX attacker turns to ChipMixer to launder tokens
The FTX attacker turned to ChipMixer to launder funds and already washed around 360 Bitcoin (BTC), according to on-chain sleuth ZachXBT. Update: FTX attacker has started using ChipMixer to launder the...