Istanbul Blockchain Week opened its doors on Nov. 14 to bring the crypto and blockchain ecosystem together in İstanbul, Turkey. Cointelegraph attended the event with a Cointelegraph Turkey booth and a...
Tag: FTX
FTX Mayhem Fails to Scare Futures Exchanges Away From Crypto
(Bloomberg) — Even as some of Wall Street’s old guard has an “I-told-you-so” moment after the collapse of Sam Bankman-Fried’s FTX, futures exchanges aren’t giving up on crypto. Most Read from Bl...
Oryen Network Secures All User Funds On Chain Unlike Many CEXs, FTX Declares Bankruptcy Due To Insolvency
With its constant 90% annual percentage yield and 0.177% daily return on investment for holders, Oryen ($ORY) has been experiencing a rapid price increase. Not long after crypto whales like Jim Crypto...
Vitalik Buterin offers lessons for crypto in wake of the FTX collapse
Ethereum co-founder Vitalik Buterin has spoken out in the wake of the FTX collapse, offering his thoughts and some positives from one of crypto’s biggest black swan events. In a Nov. 20 Bloomberg inte...
The Impact of FTX Collapse on Total Crypto Market Cap
The previous week of the crypto world was full of issues. It attracted the attention of most of the investors. The market responded to all recent ongoings with Bitcoin and other cryptocurrencies tradi...
How long could it take getting funds out of FTX owing top 50 creditors almost $3.1 billion
Investors are curious as to when they will be able to get their funds from the now-troubled cryptocurrency exchange FTX, but insolvency lawyers and experts caution that it might take “decades.” On Nov...
Who is Caroline Ellison and how did she end up at center of FTX collapse?
The collapse of Sam Bankman-Fried’s cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison in the firm’s implosion. E...
FTX Collapse: 50 Creditors Seeking $3 Billion
Bankrupt cryptocurrency exchange FTX said its top 50 creditors are seeking $3 billion in claims. The insolvent company released the amount of the claims of each of the top creditors, but did not name ...
ETH Tanks 8% Overnight As FTX Hacker Sells Ethereum Holdings
The world’s second-largest cryptocurrency is under strong selling pressure on Sunday evening. As of press time, Ethereum (ETH) is trading 8.09% down at a price of $1,120 and a market cap of $137 billi...
See, How Ripple CEO is Reacting After FTX Collapse?
Recently, Brad Garlinghouse, the CEO of Ripple said that his firm would be interested in companies owned by FTX that serve business customers. He is also interested in buying certain parts of collapse...
Bitcoin, other crypto start week lower as FTX collapse continues rumble through the industry
Bitcoin and Ether both fell in Monday morning trading in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. With the exception of XRP, all the top 10 also lost...
Crypto sleuth debunks 3 biggest misconceptions about the FTX hack
On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a “ton of misinformation” about th...
Singapore Police: Red Alert For Investors Over FTX Phishing Frauds
Singapore police alarms investors to stay away from scam websites claiming themselves as well wishers. Fake articles to attract local investors and become their victims. Singapore regulation and the r...
Getting money out of FTX could take years, if not decades
Join Our Telegram channel to stay up to date on breaking news coverage While investors are eager to learn when they will be able to recover their funds from the now-defunct crypto exchange FTX, insolv...
Getting funds out of FTX could take years or even decades: Lawyers
While investors are eager to know when they will be able to get their funds back from the now-bankrupt crypto exchange FTX, insolvency lawyers warn it could take “decades.” The crypto exchange, along ...
From Temasek to Genesis, here’s the direct impact of FTX failure on other corporates.
Over the first two weeks of November, crypto exchange FTX went from leading crypto exchange to a $16 billion bankruptcy – this year’s largest so far. Insiders, customers, the press, and re...
Stablecoin Issuer Tether Explains How FTX and Alameda Collapse Has No Effect on USDT
Tether, the largest stablecoin issuer in the world, has released a statement assuring investors that USDT is in no way affected by the meltdown of crypto exchange FTX and its trading arm Alameda Resea...
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of ...
Crypto Investor Protection Does Not Exist
From right, Terrence A. Duffy, CEO of the Chicago Mercantile Exchange, Sam Bankman-Fried, CEO of FTX … [+] US Derivatives, Christopher Edmonds, chief development officer of the Intercontinental ...
Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs – Bitcoin News
Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishi...
FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out
FTX announced on Nov. 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on Nov. 11. The transfers sent out were through intermediate walle...
DeFi, NFT Remains Resilient Despite FTX Implosion: DappRadar
The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by DappRadar, Web3 remains resilient. Centralized services are on the l...
FTX fiasco means coming consequences for crypto in Washington DC
On Nov. 11, while the rest of the country was celebrating Veteran’s Day, Sam Bankman-Fried announced that FTX — one of the world’s largest cryptocurrency exchanges by volume — had filed for bankruptcy...
Transfer spoofing evident in FTX Exploiter wallet meme tokens transfers
On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case. The three areas ZachXBT set out to cover were: Bahamian...
FTX Will Put Bitcoin Into Deep Bear Territory – Survey Says
Sam Bankman-Fried is the disgraced founder of FTX, a politically connected centralized … [+] cryptocurrency exchange that filed for bankruptcy on Nov 11. (Photo By Tom Williams/CQ-Roll Call, Inc...
FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%
On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent...
The U.S. Congress Is Set For A String Of Hearings After The FTX Collapse ⋆ ZyCrypto
Advertisement     U.S. lawmakers are set to probe into the details surrounding the collapse of FTX. The congressional hearing could see Binance CEO CZ and Sam Bankman-...
FTX collapse leads to contagion, equities hit hardest
Crypto markets and equities tied to the industry felt the pressure last week as the situation around crypto exchange FTX continued to unravel. Bitcoin was changing hands at around $16,550 at 2:1...
FTX hacker converts ETH into BTC as they attempt to cash loot
FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out s...
FTX Class Action Lawsuit Draws Renewed Scrutiny Over Crypto Endorsements ⋆ ZyCrypto
Advertisement     A number of FTX users have filed a class action complaint and demand for jury trial against founder and former CEO of FTX Sam Bankman-Fried (SBF) and...