Nov 22, 2022 at 13:50 // News Famed Rich Dad Poor Dad author Robert Kiyosaki says he’s still bullish on Bitcoin and Ethereum despite the turmoil caused by the FTX bankruptcy. In an intervi...
Tag: FTX
Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
In this photo illustration, a bitcoin logo seen displayed on a smartphone with a FTX logo on the background. Avishek Das | Lightrocket | Getty Images FTX’s vast web of entities had a total of a...
Is SBF the FTX funds drainer?
Hours after FTX declared bankruptcy, about $600 million in different crypto tokens were unauthorisedly moved from the exchange’s accounts, the majority of which were confirmed to have been stolen by a...
Coinbase Bonds Slump as FTX Contagion Fuels Investor Pessimism
It is very easy to use the bonds of publicly traded crypto-exposed firms like Coinbase and MicroStrategy to judge the health of the market, and perhaps, monitor its growth. In the wake of the bankrupt...
Crypto Industry Tend To Become Strong After Sailing Through The FTX Saga: Ripple CEO
Ripple Labs’ CEO, Brad Garlinghouse, shared his views on how the crypto industry will uplift itself from the setback laid by the FTX crash in an Annual conference held by the company called ‘Ripple S...
FTX Contagion Creates Fear Among Whales And Old Hands
While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably, the insolvency fate of Genesis Trading, DCG and Grayscale...
FTX Japan May Resume Withdrawals by December: Report
Sam Bankman-Fried’s FTX empire has collapsed, but its Japanese outpost aims to allow customer withdrawals again by the end of the year. According to a report from Japanese news site NHK, an FTX Japan ...
Top 50 FTX Creditors Owed $3.1B, Crypto Daily TV 22/11/2022
In Todays Headline TV CryptoDaily News: FTX owes its top 50 creditors a huge amount Bankrupt crypto exchange FTX owes its 50 biggest creditors nearly $3.1 billion, according to a court filing. The exc...
With A New CEO, An Adult Has Arrived To Clean Up The FTX Mess
John J. Ray III, a veteran of Enron, Fruit of the Loom and other bankruptcies, now must pick up the shattered pieces from Sam Bankman-Fried’s chaotic reign. Ina scathing court filing on Thursday, John...
Not Your Keys, Not Your Crypto
A crypto exchange is not an exchange. A crypto exchange is a bank. getty There is nothing more dangerous in life than misunderstanding. One of the worst ways to misunderstand something is to believe w...
Investor Allowed FTX Scam Grow, Claims Ripple CTO
The crypto market is still struggling to recover from the recent FTX collapse. However, David Schwartz, Ripple CTO has drawn some key learnings from the FTX fiasco. Earlier, Ripple CTO called Sam Bank...
SBF, FTX execs reportedly spend millions on properties in the Bahamas
The latest revelation from the FTX case reveals that Bahamian properties worth millions were bought in the company name. FTX, at the time operated by Sam Bankman-Fried (SBF), his parents and other hig...
Realized Bitcoin loss from the FTX fallout surpasses LUNA collapse
The collapse of FTX wreaked havoc on the market, wiping out billion from the market cap. Bitcoin took its heaviest hit this year, dropping to a low of $15,500 and struggling to break through the stron...
SBF Deepfake Scam Offers Users ‘Compensation’ for FTX Collapse
In brief A verified Twitter user posing as FTX founder Sam Bankman-Fried shared an apparently modified video pointing to a crypto scam. The apparent scam promises “compensation” for FTX’s recent colla...
FTX, Bankman-Fried’s parents bought Bahamas property worth $121 million: Reuters
FTX, the now-bankrupt crypto exchange operator, its founder Sam Bankman-Fried’s parents and the firm’s senior executives bought at least 19 properties worth about $121 million in the Baham...
FTX Group’s Total Cash Balance Tallies at $1.24B: Bankruptcy Filing Shows
Bankrupt crypto exchange FTX and its affiliates had a total cash balance of $1.24 billion as of November 20, as per its bankruptcy filing. Sam Bankman-Fried’s crypto empire collapsed into chaotic bank...
Binance Knows FTX Hacker? Here’s What Data Suggest
Oxscope, the first ever First-ever Web3 Knowledge Graph Protocol in a recent tweet claims to obtain the smart money address which might know the activity of FTX-hacker and benefit from it. Notably, Ox...
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto excha...
US Senators urge Fidelity to drop BTC amid FTX fallout
Fidelity Investments, one of the largest asset managers and 401(k) providers in the world, received another concerned letter from U.S. lawmakers concerned about the FTX fallout. Senators Elizabeth War...
What Is Crypto Contagion? How It’s Spreading After FTX Collapse
When a large institution like the cryptocurrency exchange FTX implodes, it drags others down with it. That dynamic is what’s referred to in finance as contagion, or the tendency for a financial crisi...
FTX Hacker Turns Millions in Ether to Ren Bitcoin Tokens
Join Our Telegram channel to stay up to date on breaking news coverage The hacker behind the exploit on the FTX exchange has been exchanging millions of dollars worth of ETH to Ren Bitcoin (renBTC). r...
Bahamas Supreme Court Orders FTX To Pay For Regulatory Action
The Securities Commission of The Bahamas has secured an order from the Supreme Court to receive reimbursements for expenses incurred for regulatory action in connection with FTX Digital Markets. The S...
Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
A faked video of Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has circulated on Twitter, attempting to scam investors affected by the exchange’s bankruptcy. Created using programs...
Ripple CTO Says People Will Most Likely Ignore The Most Obvious Lesson From FTX Fall
– Advertisement – Schwartz believes that there are several lessons to learn from the FTX collapse but says one is the most important and will not be learned. Ripple CTO David Schwartz, i...
‘Rich Dad’ R. Kiyosaki says he’s ‘still bullish’ on Bitcoin and Ethereum despite FTX crisis
The cryptocurrency market is still feeling the effects of the massive crisis that spilled over from the crypto trading platform FTX, but the author of the personal finance book ‘Rich Dad, Poor Dad’ Ro...
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In a...
FTX Owes $3.1bn to 50 Biggest Creditors
Join Our Telegram channel to stay up to date on breaking news coverage A court filing has revealed that the FTX exchange owes 50 of its largest creditors nearly $3.1 billion. FTX, once one of the larg...
ETH Price at Risk of Plunging 50%, Is FTX Behind Ethereum Crash?
The FTX contagion continues to spread, taking the global cryptocurrency market down. Most of the altcoins fell on Tuesday along with bitcoin and Ethereum. The global crypto market cap stood at $786.6...
FTX Hacker Dumps ETH On Markets, Price Plummets
Users affected by the FTX collapse now have another major problem to deal with, as it emerged the hacker responsible for the subsequent hack has begun manipulating the price of ETH. As a result of th...