The American billionaire investor and hedge fund manager – Bill Ackman – reiterated his support for crypto, maintaining that the sector is “here to stay.” He also endorsed the blockchain-based network...
Tag: FTX
FTX Hacker All Set To Dump Ethereum (ETH) Holdings?
FTX Hacker News: In what could be yet another blow for the crypto community, the FTX hacker has just moved 195,000 Ethereum from his wallet. This could mean the hacker will convert the transferred ETH...
FTX Hacker Mobilizes Ethereum Again, Loaded For The Dump?
Massive selling pressure from the crypto exchange FTX hacker hit Ethereum; the bad actor has been dumping the cryptocurrency during the weekend. This “dumping,” selling an asset in the market, is crea...
FTX Auditor Is Pioneering Proof of Reserves
As FTX customers lament their missing funds, other major crypto exchanges including Kraken, Gate.io, Ledn and Nexo are taking steps to verify their holdings. But each of these companies share somethin...
FTX User Sues Golden State Warriors For Promoting Crypto Platform
Topline The Golden State Warriors were named in a lawsuit Monday alleging the bankrupt cryptocurrency exchange FTX used the reigning NBA champions to fraudulently promote its platform, as more sport e...
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
Crypto brokerage Genesis failed to raise funds and is potentially facing bankruptcy without additional funding, Bloomberg reported Nov. 21. The company is rumored to be seeking a $1 billion cash inje...
Crypto market liquidity dries up following Alameda and FTX collapse
The crypto market has experienced a liquidity dry up in the wake of the collapse of crypto exchange FTX and its sister trading firm Alameda Research, according to data provider Kaiko. The firms...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals – Featured Bitcoin News
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “t...
The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
As much as we all would want last week to be about something else, it was still all about FTX. The Supreme Court of the Bahamas has approved two provisional liquidators from PricewaterhouseCoopers to ...
Prosecutors investigated FTX for months before collapse: Bloomberg
The U.S. Attorney’s Office for the Southern District of New York was investigating FTX months before the crypto exchange filed for bankruptcy protection, Bloomberg reported. Prosecutors were spe...
FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
The biggest news in the cryptoverse for Nov. 21 includes FTX’s call to other exchanges to expect and prevent hacker cash outs, Coinbase disclosing Grayscale’s 635,000 Bitcoin reserve, and Bank of Engl...
US CFTC’s Behnam Will Testify at FTX Hearing in Senate
The Agriculture Committee announced the hearing the same day it published a defense of the Digital Commodities Consumer Protection Act, a bill supported by Bankman-Fried. Industry participants have ex...
Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’
Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct FTX exchange. Delivering the keynote speech at IO ScotFest, H...
Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months
An analysis of the Arkham Intelligence dashboard CryptoSlate Research shows that popular crypto lender Genesis received billions in FTT tokens from bankrupt crypto firms Alameda Research and FTX over ...
FTX On Path To Stability With This Decision
FTX Latest News: While the crypto market struggles to recover from the shock collapse of FTX, there are finally some positive signals coming out amid an ongoing SEC probe. The troubled crypto exchange...
Who hacked FTX? Latest on-chain insights create a new twist
The troubled cryptocurrency exchange was hacked on November 12, just hours after declaring Chapter 11 voluntary bankruptcy. CEO of FTX John J. Ray III claimed in a court document dated November 17 tha...
My story of telling the SEC ‘I told you so’ on FTX
“I hate to say I told you so” is a phrase oft-repeated but rarely sincere. It’s a delightful feeling to claim credit for warning about a problem in advance. That’s a liberty I’m taking with federal fi...
Wolf of Wall Street Jordan Belfort Says Sam Bankman-Fried Used FTX As ‘Personal Piggy Bank’
Jordan Belfort, otherwise known as the original Wolf of Wall Street, is giving his view on what he thinks happened behind closed doors at the bankrupt crypto exchange FTX. In a new Fox Business interv...
Coinbase shares hit all-time low Monday as centralized exchanges deal with FTX fallout
Shares of crypto exchange Coinbase hit an all-time low Monday, as fallout from FTX’s demise has continued to rattle the industry. The exchange was down roughly 8% at the time of publicatio...
FTX Exploring Sale or Recapitalization of Healthy Subsidiaries, According to New CEO
The new CEO of bankrupt crypto exchange FTX says the firm is looking at the prospect of selling and recapitalizing some of its subsidiaries in the coming weeks. In a new statement, John J. Ray, who re...
FTX Japan plans to resume withdrawals by 2023: Report
Crypto exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals by the end of 2022. According to a Nov. 21 report from Japan-based news outlet NHK, FTX Japan has been maki...
More Fallout From The FTX Saga And Tech Layoffs Continue
Europa Press via Getty Images TL;DR The fallout from the FTX saga continues as Sam Bankman-Fried’s companies all file for bankruptcy—it leaves a potential $10 billion shortfall to over one million cre...
‘FTX drainer’ moves $200 million in ether, some analysts expect selling to start
The s0-called “FTX Drainer,” the individual or entity behind suspicious withdrawals from embattled crypto exchange FTX, has transferred approximately $200 million worth of ether (ETH) to 1...
All Eyes on Hacked FTX Funds, ETH Market
The crypto community is closely monitoring hacked FTX funds. After on-chain analysts observed the FTX hacker, dubbed “FTX Accounts Drainer,” dumping ether for bitcoin, the price of the ether sta...
FTX Japan Reportedly To Resume Withdrawals by Year End
11 seconds ago | 2 mins read Exchange News FTX Japan officials claimed that the company is working to resume withdrawals. As of November 10th, the Japanese division has deposited around $138 million. ...
FTX Exploiter ups the ante with 200K ETH move
Following on from the movement of 50,000 Ethereum (ETH) on Nov. 20, the FTX Exploiter wallet has moved a total of 195,000 ETH via 13 transactions through Nov. 2. 🚨 BREAKING🚨 FTX “HACKER” JUST MOVED 20...
Who Is the FTX Hacker? On-Chain Clues Shed Light on the Situation
Key Takeaways FTX was hacked on November 12 following the exchange’s bankruptcy filing. The Securities Commission of The Bahamas claimed responsibility for the attack, saying it ordered the tran...
Ethereum Price to Dip Below $1,000 as FTX Hacker Dumps ETH
Ethereum (ETH) price is trading below $1,150, charting a decrease of around 7.20% in the past 24 hours as the FTX hacker continued dumping. The global crypto market still isn’t over the bloodbath tha...
“Funds stolen from FTX” on the move: A dump will have this effect on ETH
According to recent reports, the FTX hacker has moved the stolen funds to prepare for a dump Some assets were stolen, while others were transferred to the Bahamas Securities Commission According to a ...
Singapore Ponders Over Impact Of The FTX Contagion ⋆ ZyCrypto
Advertisement     In response to media queries, the Monetary Authority of Singapore (MAS) was neither licensed nor exempted from licensing and did not operate in Singa...