With the FTX contagion affecting various sectors of the global crypto ecosystem, Dubai-based industry leaders commented on how the debacle will affect the budding crypto hub within the United Arab Emi...
Tag: FTX
Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation
Jihan Wu, cofounder and chairman of Matrixport. Matrixport Matrixport, the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5...
Cardano Prediction 2023: Will Cardano reach 1 $ after the FTX Crash?
The year 2022 was less successful for Cardano from the ADA course side. But these price losses are understandable given the bear market. Nevertheless, the project hopes for a successful year in 2023. ...
Binance Plans to Raise $1 Billion for a Crypto “Recovery Fund,” and May Purchase FTX Assets
Join Our Telegram channel to stay up to date on breaking news coverage The founder and CEO of Binance stated that the company’s crypto rescue fund will begin with $1 billion to distribute as it assume...
Justin Sun, Tron DAO line up to contribute to Binance recovery fund: Exclusive
Blockchain operator Tron DAO and Justin Sun, its billionaire founder, have applied to contribute capital to Binance’s industry recovery fund. Binance published details of the fund yesterday afte...
Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads
Changpeng Zhao, cofounder and CEO Binance, spoke at a summit in Lisbon, Portugal in early November. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Binance, the world’s largest cryptocurr...
Amazon to Film TV Series About FTX Collapse
Alex Dovbnya Spectacular collapse of FTX empire has naturally inspired full-fledged TV series Amazon Studios, a subsidiary of tech giant Amazon, has commissioned a TV series about the scandalous colla...
IOSCO Pull Triggers On Rest Of Crypto Firms After FTX Crash
Jean-Paul Servais, the new Chairman of the global securities authority International Organization of Securities Commissions (IOSCO), highlighted the need for urgent crypto regulations while focusing o...
UAE regulator revokes FTX license amid the exchange’s collapse
As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license that allows FTX to make preparations to service...
Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga – Coinotizia
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s strea...
Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator
The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12. In a stateme...
Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets – Exchanges Bitcoin News
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have al...
Ethereum [ETH]: PoS network’s performance since FTX collapse reveals…
ETH staking and validator count growth remained unaffected as the market grappled with the FTX’s collapse There was, however, a slight fall in daily earnings per validator on the chain Seventy days si...
FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’
An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its leadership is slated to begin production soon. The series has been purchased by technolo...
Amazon and Avengers Director to Release Mini Series on FTX
12 seconds ago | 2 mins read Exchange News The team will produce the eight-episode series under their firm ABGO. Several Marvel stars are in talks for potential parts in the series. The directors of M...
Uniswap Released New Modified Privacy Policy After FTX Fallout
Ahead of several exciting upcoming releases, Uniswap released Uniswap Labs’ Privacy Policy to explain how it protects user privacy and data. The crypto exchange firstly released its privacy policy on ...
Lemon Cash CEO expects more fintech layoffs in LatAm amid its own: Exclusive
Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region. Several other Latin America-based crypto companies have announc...
Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga – Bitcoin News
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s strea...
Unprecedented Mismanagement Within the Firm: FTX CEO
Many people compared the collapse of crypto exchange FTX after its bankruptcy petition being as worse as the Lahmen Brothers collapse. However, it’s apparently an over exaggerated comparison given the...
Bahamas’ Regulator Explains Why it Made the Right Call to Seize FTX Assets
In a new press release, the Securities Commission of The Bahamas explained that only placing FTX Digital Markets into liquidation was not sufficient, citing the risks associated with hacking and breac...
Crypto has survived worse than the fall of FTX: Chainalysis
Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem. It concluded that FTX was a relatively smaller part of the cry...
New Report Shows That Crypto Whales And Long-Term Holders Had Their Confidence Shaken By FTX Fall ⋆ ZyCrypto
Advertisement     FTX’s implosion may have shaken the faith of long-term Bitcoin holders and whales. This can be seen in exchange outflows, whales underwater and long-...
Solana Foundation Lost Over $180 Million in Crypto on FTX
The Solana Foundation has released a fact sheet detailing the exposure it holds to FTX following its bankruptcy The organization held over $180 million worth of crypto asset exposure to the company as...
What Mt. Gox’s example tells us about crypto’s future after FTX
The aftermath of the Mt.Gox collapse seems to suggest that the crypto-space would bounce back Recent BTC transfers, however, raise the question of the possibility of the FTX saga dragging on The impac...
Sam Bankman Fried will talk about FTX
The founder of FTX and Alameda Research, Sam Bankman Fried, has never been quiet about his views. Despite his mea culpa regarding the situation of his exchange platform’s collapse, he has always foun...
Amazon Beats Apple For Rights To Produce Series About FTX
The FTX saga is coming to Amazon’s streaming service after a fierce bidding war; the drama will be released as a limited series, according to a report from Deadline. The studio defeated tech giant App...
U.S. Congressman Blames SEC Chair Gary Gensler and SBF for FTX Collapse
– Advertisement – Minnesota Rep. Gary Gensler and SBF for FTX’s collapse. Minnesota Rep. Thomas Earl Emmer has blamed both SEC Chairman Gary Gensler and Sam Bankman-Fried for FTX collapse...
Binance creates $1 billion crypto industry fund after FTX collapse
Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor /...
US SEC under increased scrutiny after FTX collapse – crypto.news
Following the collapse of the FTX crypto exchange and all its ongoing cascading effects, crypto critics, as well as advocates are starting to ask if the US Securities and Exchange Commission could hav...
The future of Web3 after the FTX saga
It seems a month can’t go by at the moment without some industry-altering news coming out and sending Web3 into another tailspin. This month’s focus has been FTX, a centralized cryptocurrency exchange...
Report Shows Crypto Community Will Survive The FTX Fiasco
The FTX crisis has steered various reactions within and outside the crypto ecosystem. The crisis saw a once mighty crypto exchange reduce to nothing within days and spread its contagion across the ind...