The cryptocurrency market suffered from immense losses in the past week. The bankruptcy of FTX sent crashing waves across all cryptocurrencies with no exceptions. Now that we’re in the middle of the c...
Tag: FTXs
FTX’s bust and crypto crash come with two silver linings
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 14, 2022 Today’s newsletter...
Multiple Crypto Exchanges Suffer from FTX’s Aftermath
The crash of bankruptcy from the crypto exchange FTX escalates to the crypto industry. Huobi-related subsidiary is the latest victim. Citing “Failure to withdraw cryptocurrency assets from crypto ex...
Following the FTX’s Demise, Investors Have Taken a Step Back
Following the FTX crash, its major investors dropped their investments in the exchange. FTX recently filed for bankruptcy amid facing an $8 billion liquidity shortage. The collapse of one of the lead...
FTX’s Sam Bankman-Fried Starts Posting Mysterious Tweets
Alex Dovbnya FTX CEO Sam Bankman-Fried has published mysterious tweets that have puzzled the cryptocurrency community It seems like the Twitter account of former FTX CEO Sam Bankman-Fried has been com...
CrossTower revises new offer for Voyager’s assets after FTX’s bankruptcy
Crypto exchange CrossTower is working on a revised offer for the assets of bankrupt crypto lender Voyager Digital, a spokesperson told Cointelegraph. Voyager announced the reopening of its bidding pro...
No More Deposits of FTX’s FTT Tokens on Binance, States CZ
35 seconds ago | 2 mins read Binance News Binance suspends the deposits of FTX’s native FTT token. The suspension is due to unauthorized transactions of crypto assets. FTX has filed a bankruptcy prote...
Elon Musk says his ‘bullshit meter was redlining’ when talking with FTX’s Sam Bankman-Fried
Tesla (NASDAQ: TSLA) CEO Elon Musk is the latest high-profile individual to comment on the FTX crypto exchange crisis and its troubled founder Sam Bankman-Fried. In this line, Musk has shared his impr...
How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain
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Analysis of FTX’s Balance Sheet
November 12, 2022, 7:30PM EST • 2 min read Quick Take Financial Times publishes leaked FTX balance sheet dated to Thursday, November 10, 2022 ~$900mm liquid assets to ~$8,860mm liabilities, a ~9.85x ...
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
On the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies without an official notice — sparking speculations ranging from th...
For Coinbase, FTX’s Bankruptcy Has Its Pluses and Minuses
Trading volume on Coinbase plunged roughly 75% in the hours following FTX’s bankruptcy announcement early Friday, according to data from Nomics, a sign the company is beginning to feel the pain from c...
FTX’s $380 million trail: An exploit to uncover or a final inside job
About $380 million flowed out of the FTX exchange due to a exploit or likely insider hack Exchange counsel said company is investigating proceedings FTX customers’ hope of getting their funds out migh...
CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report
The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States requesting the exchange halt operations for its...
Elon Musk Says He Had a Conversation With FTX’s SBF on the Twitter Deal
Elon Musk recently said that he had a conversation with Sam Bankman-Fried before the Twitter deal. He also shared some predictions going forward. The world’s richest man recently joined a discussion o...
This Famous Billionaire Investor Defends FTX’s SBF, Deletes Tweet Instantly
In an almost instantly deleted tweet, billionaire investor Bill Ackman “gave credit” to former CEO Sam Bankman Fried of now-bankrupt crypto exchange FTX. He lauded for his “accountability,” and said ...
FTX’s Fall Will Lift the Next Generation of Bitcoin Maximalists
Bitcoiners certainly take up a few unapologetic, uncompromising stances. Tomer Strolight, editor in chief at Swan Bitcoin, has argued that bitcoin maximalists’ perceived toxicity is really just princi...
FTX’s stunning collapse nothing like Theranos, says venture investor and crypto bull Tim Draper
Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos...
FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation
Peirce did not state which agency should be responsible for regulating the crypto industry, and added that “having one regulator devoted to crypto could be problematic.” She did, however, suggest that...
FTX’s stunning collapse: what really happened
Join Our Telegram channel to stay up to date on breaking news coverage The scenario of what transpired in this case seems somewhat of a classic: one rival, Binance, saw a chance to try to eliminate an...
Matrixport’s BTC Fixed Income Product Affected by FTX’s Collapse
“The products of Matrixport that have been affected by the inability to withdraw from FTX are (1) the BTC Fixed Income Products (Including BTC Fixed Income Products and Smart Trend Products that...
Scaramucci’s SkyBridge Is Trying to Buy Back FTX’s 30% Stake
(Bloomberg) — Anthony Scaramucci said SkyBridge Capital is trying to repurchase the 30% of his company that Sam Bankman-Fried’s FTX acquired months before the crypto exchange imploded. Most Read...
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’ – Regulation Bitcoin News
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Fina...
FTX’s ‘Future Fund’ team, cites ‘deceit and dishonesty’ – crypto.news
In an earlier press release, the FTX’s future team claimed in an open resignation letter that they could not complete their work or handle grants and had “fundamental questions” regarding the reliabil...
Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
FTX’s Regional Crypto Exchanges Slowly Reopen Withdrawals
These regional subsidiaries of FTX are wholly owned by FTX’s ‘mothership’ in Antigua, FTX Trading Ltd, and license FTX’s technology stack in exchange for royalty payments sent ...
FTX’s Head of Institutional Sales resigns, claims CEO left him ‘in the dark’ about true situation
Amid one of the largest meltdowns in the history of the cryptocurrency industry, caused by the liquidity crisis at FTX, the crypto exchange’s institutional head has resigned, telling his former client...
Was FTX’s SBF luring employees to invest in him & FTX? The leaked letter says so
Every morning you wake up to check the news timeline, you will see something bad has happened to FTX and SBF. Only a few weeks ago, it was considered one of the best, most secure, and safest exchanges...
FTX’s Deal With Tron Allows Users To Swap Assets
Sam Bankman-Fried led cryptocurrency exchange FTX announced that it had reached an agreement with Justin Sun’s Tron. The agreement allows holders of select assets, such as TRX, to swap them from the F...