Voyager Digital’s legal team said it’s “shocked, disgruntled, dismayed” at having to reopen the bidding process for its distressed assets following FTX’s bankruptcy during a hearing yesterday. The Voy...
Tag: FTX
Crypto Analysts Lament Why FTX Fallout Will Worsen
According to analysts, 2022 has been an unprecedented crypto market contagion, and the worst is not over yet. The fallout from the FTX collapse could still cause much more damage to the industry. It h...
The FTX case: centralization vs. decentralization in the crypto world
The case of the collapse of FTX, unsurprisingly, shook the crypto world, ranging from operators to users, generating an understandable wave of fear and distrust. The resulting FUD, as was to be expect...
FTX Price Prediction Today, November 18, 2022: FTT/USD Stays Depressed
Join Our Telegram channel to stay up to date on breaking news coverage FTX token has stayed under the resistance of $2.00 for about three consecutive days. This has been the norm even when it looks li...
VC firm Sequoia Capital’s Doug Leone on the fallout from FTX collapse
Doug Leone, managing partner at Sequoia Capital LLC, speaks during the Bridge Forum conference in San Francisco, California, U.S., on Wednesday, April 17, 2019. The event brings together leaders in fi...
Whales Scoop Up One Ethereum-Based Altcoin While Dumping FTX and Crypto.com Exchange Tokens: Santiment
Crypto analytics firm Santiment says that exchange tokens recorded some of the largest price declines after the collapse of the FTX trading platform. Santiment says that amid the FTX debacle, crypto w...
Bahamas watchdog ordered FTX to send digital assets to its wallet
The Securities Commission of Bahamas revealed on Nov. 18 that it directed FTX to transfer digital assets under its control to the Commission’s wallet on Nov. 12. Securities Commission of The Bahamas A...
New FTX CEO Distances Company From SBF After Controversial DMs Surface
Following days of cryptic and controversial tweets from former CEO Sam Bankman-Fried (SBF), plus today’s revelation of shocking direct messages to a reporter, FTX’s newly-installed CEO too...
The celebrities FTX used to build trust are being sued, but can they really be held accountable?
“We need to meet people where they are—and that means embracing skepticism.” That is what former FTX CEO Sam Bankman-Fried said in a statement announcing the company’s Super Bowl commercial featuring ...
Multicoin Capital’s Fund Tanks 55% Amid FTX Collapse
The FTX contagion is spreading wide and fast! On Thursday, November 17, crypto venture giant Multicoin Capital told its investors that the FTX collapse has pushed the fund down by a staggering 55% ove...
Coachella NFTs Sold for $1.5M—Now They’re Stuck on FTX
In brief FTX NFTs users say they can’t withdraw assets from the platform following the company’s bankruptcy filing. Coachella’s Innovation Lead said the concert festival is “actively working on soluti...
Tron: Decoding what lies ahead for TRX holders amid the FTX turmoil
Tron’s weekly stats revealed growth in many aspects Metrics supported a price hike Tron [TRX] recently posted its weekly report, in which it mentioned all the notable updates regarding its blockchai...
Which companies were affected by the FTX collapse?
While the FTX collapse may have had a severe effect on the broader crypto market, some companies bore the brunt of the impact and were directly hit by the storm that the embattled crypto exchange brou...
FTX pitch deck projections not backed by ‘viable assumptions,’ legal expert says
As the list of venerable investment firms left with black eyes by FTX’s collapse grows longer by the day, The Block asked a legal expert to examine a 2020 pitch deck produced by the bankrupt crypto ex...
Bahamian Government Instructed Sam Bankman-Fried to Hack FTX
2 hours ago | 2 mins read Editors News On November 11, FTX filed for bankruptcy and Bankman-Fried resigned as CEO. The co-founders and top executives of FTX, had borrowed $1.6 billion from Alameda. A...
Bahamas Regulators Want Control of FTX Bankruptcy Proceedings
Regulators in the Bahamas want to take control of FTX’s bankruptcy proceedings in what could become a messy process. Yesterday, FTX Digital Markets Ltd., the exchange’s Bahamian subsidiary, filed for ...
Crypto Lender Vauld Has $10 Million Stuck On FTX
As per the latest report, Vauld, Asia’s prominent crypto lender, has its funds stuck in the now-bankrupt crypto exchange FTX. The exposure is expected to be worth around $10 million and due to the ong...
Here’s the Worst Case Scenario for Bitcoin Amid FTX Fallout, According to Crypto Analyst Benjamin Cowen
Popular cryptocurrency analyst Benjamin Cowen is examining whether Bitcoin (BTC) has bottomed out after falling by over 75% from its all-time high. Cowen tells his 774,000 YouTube subscribers that, ba...
Janet Yellen: FTX Meltdown Shows Need for ‘More Effective Oversight’ of Crypto
Secretary Treasury Janet Yellen added her voice to the growing chorus of Washington leaders demanding action in the wake of crypto exchange FTX’s collapse last week, saying on Wednesday that the meltd...
CZ Warned SBF to Own Up Before FTX Bankruptcy
Binance CEO Changpeng ‘CZ’ Zhao weighs in on the future of crypto and the much-publicized tweetstorm of former FTX CEO Sam Bankman-Fried (SBF) before the exchange collapsed. After fending off an attac...
Jump Crypto denies closing due to FTX losses
The cryptocurrency division of the Jump Trading Group, known as Jump Crypto, has debunked rumors circulating on the internet that it could shut down as a result of FTX losses. On November 17, the bu...
Singapore’s Temasek Says Its $275 Million FTX Investment Is Now Worth Zero
Temasek, a Singapore-based global investment company possessing a portfolio that is worth $403 billion, is no longer interested in waiting for the outcome of FTX crypto exchange’s Chapter 11 bankruptc...
TSM suspends FTX $210M partnership deal – crypto.news
Esports giant, Team SoloMid (TSM) has suspended a 10-year, $210-million sponsorship deal with FTX. TSM, among others, backpedals from FTX The popular sports club TSM, on their Twitter page today, anno...
Will Former FTX CEO Sam Bankman-Fried Speak at This Event?
The latest bankruptcy filing shows damning evidence against the ill-running of FTX. The latest developments indicate that Sam Bankman-Fried transferred assets to the Bahamas after the bankruptcy filin...
Top 4 Altcoins That Defy The FTX Fiasco
The price action displayed by top altcoins in recent times has yet to be encouraging with the market’s erratic price movement after a cascading effect suffered by FTX led to many altcoins, including t...
Bitcoin Won’t Budge. Cryptos Ignore the FTX Chaos for Another Day
Bitcoin took the news in stride, trading sideways for most of the day, even as additional revelations surfaced from documents connected to FTX’s filing for bankruptcy protection. The largest cry...
FTX Token (FTT) Dumping to Buy Orbeon Protocol (ORBN)
After the collapse of its native exchange, the FTX token is in free fall. With no sign of recovery, investors scramble to get rid of their tokens. Those traders who dumped their tokens in time got to ...
Bahamas Securities Regulator Says It Ordered FTX Crypto Transferred to Government Wallets
“Mr. Bankman-Fried, the co-founder, and controlling owner of all of the Debtors and of FTX DM, appears to be supporting efforts by the JPLs to expand the scope of the FTX DM proceeding in the Ba...
FTX CEO and other prominent celebs named in FTX-associated lawsuit
The ex-CEO of FTX, Sam Bankman-Fried along with celebrity supporters of FTX like Larry David, Tom Brady, Giselle Bundchen, Shaquille O’Neal, Naomi Osaka, and Stephen Curry are named in a class-action ...
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin News
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-F...
The New FTX CEO Wants To Stay Away From Sam Bankman-Fried Ideas
The new FTX CEO shared his thoughts on the idea of maintaining transparency on the platform proposed by the former FTX CEO. John J. Ray III, the new FTX CEO, was aware of the FTX situation from the pa...