FTX Japan, the Japanese subsidiary of Sam Bankman-Fried cryptocurrency exchange, is aiming to reopen withdrawals for local customers, according to the company’s executive interviewed by Japan’s NHK. ...
Tag: FTX
Study Shows Dogecoin Investors Among ‘Least Stressed’ In Aftermath Of FTX Disaster
Popular meme coin Dogecoin (DOGE) secured a decent spot in the ranking of top cryptos and the corresponding “stress levels” that affect those who invest in the token. At the best of circumstances, inv...
Governments should not over-regulate after FTX, lead MiCA negotiator says
The European Union should hold off on more crypto regulation following the collapse of exchange giant FTX, European Parliament member Stefan Berger said on Twitter. The lead negotiator on the Markets ...
Vitalik Buterin gives crypto lessons after FTX crash
Following the failure of FTX, Ethereum’s co-founder, Vitalik Buterin, has shared his reflections on one of the cryptocurrency industry’s most major “black swan” occurrences, as...
FTX Owes Over $3.1 Billion to Top 50 Creditors
As per the recent filing submitted by FTX in its bankruptcy proceedings, the crypto exchange owes a massive $1.45 billion only to its top ten creditors. Ever since crypto exchange FTX filed for bankru...
FTX Drainer Continues to Swap ETH for BTC, Here’s How Much’s Left in the Address
The entity that drained FTX’s wallets after the fallen exchange filed for bankruptcy continues to move around the funds. Although the Bahamas’ securities regulator claimed it siphoned the funds, the s...
Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto
Bonds issued by cryptocurrency exchange Coinbase (COIN), and MicroStrategy (MSTR), a business-intelligence company and investor in bitcoin, have slumped as investor confidence in the industry slid in ...
‘FTX drainer’ swaps another 20,000 ether for bitcoin
The individual or entity behind suspicious withdrawals from embattled crypto exchange FTX — commonly called the “FTX Drainer” — has continued to swap ether for bitcoin. It has now moved $7...
FTX Calls Out Other Exchanges For Assistance Over Stolen Funds
The corporation did not disclose the exchanges or wallet addresses associated. Recently the hacker started swapping 30K ETH for BTC and RenBTC. On Sunday, FTX reached out to other cryptocurrency excha...
Bitcoin mining difficulty reaches all-time-high despite slump in price, FTX woes
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com, despite the price of Bitcoin falling more than 22% in the past two weeks. See related ar...
Bitcoin.com Promotes Self-Custody With Rewards For FTX Victims
Source: Depositphotos The recent collapse of the FTX exchange caused thousands of crypto users to lose millions of dollars in value, and did untold damage to the wider cryptocurrency ecosystem. But it...
Singapore’s MAS Could Have Protected FTX Users
The Monetary Authority of Singapore (MAS) on Monday stated that it can’t protect FTX’s local users as the crypto exchange was not licensed by the MAS and operated offshore. Moreover, the MAS clarifies...
Joe Biden Talks About Robust Regulations for Cryptocurrency After FTX Debacle
Sam Bankman-Fried, the former CEO of FTX, has been under fire from lawmakers and authorities on both sides of the aisle as the company teeters on the verge of collapse. To avoid a repeat of the FTX tr...
FTX exchange suffers $59M loss due to hacking
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this l...
Bahamas SEC Or Hacker? Stolen Funds From FTX Keep On Moving
The crypto funds stolen from FTX shortly after its bankruptcy filing continue to be transferred. The security firm Chainalysis published a series of tweets in which it drew attention to the transactio...
FTX hacker dumps 50,000 ETH, still among top 40 Ether holders
The hacker behind the bankrupt cryptocurrency exchange FTX started transferring their Ether (ETH) holding to a new wallet address on Nov. 20. The FTX wallet drainer was the 27th largest ETH holder aft...
Lawyers Warn It Could Take Decades To get Funds out of FTX
FTX’s sudden and drastic collapse has resulted in shivers of horror spreading throughout the crypto ecosystem. The Crypto exchange filed for Chapter 11 bankruptcy protection in the US on November 11. ...
Uniswap and Aave continue to operate during ongoing FTX Crisis
The recent crash of FTX sent shockwaves through the entire digital asset market, signaling its own impending collapse. Even Sam Bankman-Fried, the newly appointed CEO of the platform, expressed his ag...
Crypto sleuth debunks 3 FTX hack myths
On-the-job detective ZachXBT has taken to Twitter to clear up what he calls a “lot of disinformation” about the FTX hack and the individuals who may be responsible for it. He has shared th...
Assessing the impact of the FTX debacle on South Korea and more
South Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea Financial Intelligence Unit (KoFIU) is the finan...
Ethereum (ETH) Price Falls 8% as FTX Hacker Swaps 30K ETH
Exchange News There have been around 30,000 ETH traded for RenBTC and 1070 BTC. With no upward momentum, ETH responded negatively below $1,200. Selling pressure was high on Sunday night for the second...
Traders Flee Crypto Markets After FTX Collapse
(Bloomberg) — The wild-west days of crypto markets are back again as the large trading houses that once thrived on arbitraging price gaps pull back in the wake of FTX’s collapse. That’s opening ...
U.S President Calls For Stringent Regulations Post FTX Crisis
11 seconds ago | 2 mins read Bitcoin News The FSB has previously advocated for the regulation of cryptocurrencies. Biden has spoken out on his thoughts on the cryptocurrency market in Bali. FTX, a cry...
Bitcoin During Mt Gox vs FTX Collapse – Will It Survive The Crash?
BTC hit its 1-year-low of $15,682 owing to FTX’s demise. The bankrupted exchange, FTX, held 20,000 BTC before its collapse. Bitcoin was pushed into the longest crypto winter after Mt Gox’s collapse. T...
Bitmain-Backed Crypto Mining Company Among Creditors Of Sam Bankman-Fried’s FTX
Leo Lu, founder and CEO of Bitfufu. Bitfufu Singapore-based Bitfufu, backed by Chinese mining rig giant Bitmain, has filed claims for $11.7 million against crypto exchange FTX, which has revealed it o...
Will Binance Take Over the Crypto Market Following FTX Bankruptcy?
With the recent insolvency of FTX, the crypto market has entered one of the most serious crises in its history. One of the world’s largest cryptocurrency exchanges failed, causing a severe market cras...
Investors seek refuge at Oryen Network after FTX, Gate.io, and Crypto.com crackdown
The once-respected cryptocurrency trading platform FTX filed for Chapter 11 bankruptcy on November 11 due to severe liquidity concerns. Following this tragedy was a discovery by analysts that 320,000 ...
South Korea and Singapore Hit Hardest by FTX Collapse: Report
On Nov. 20, crypto market data portal CoinGecko released a report on the countries most impacted by the FTX collapse. Unsurprisingly, most are in Asia since U.S. investors were using FTX.US, not the i...
FTX Owns More Than $3 Billion To The Top 50 Creditors
Exchange News According to records, FTX owes 3 billion to the top 50 creditors. The information given by the creditors is unclear, as are their locations. Crypto Exchange FTX has filed for bankruptcy ...
Governance Tokens Toncoin (TON), Compound (COMP) And Snowfall Protocol (SNW) Rise After FTX Collapse!
Two Governance tokens – Toncoin (TON) and Compound (COMP) – have lifted the mood of crypto investors with their performances in the market after the shock implosion in the FTX exchange. There is also...