The largest cryptocurrency by market capitalization was recently trading at $16,970 a more than 4% gain over the past 24 hours as investors filled with new hope about the economic future returned to r...
Tag: FTXs
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause – News Bitcoin News
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this dec...
Canada’s Teacher’s Pension Fund Faces Investment Issue in FTX’s Liquidity Crunch
Canada’s Ontario Teachers Pension Plan (OTPP) is in jeopardy due to its large investment in the cryptocurrency exchange FTX, which is currently facing a significant liquidity crunch. A recent report f...
Tether freezes $46M of FTX’s USDT, setting new precedent
According to blockchain transaction data provided by WhaleAlert on Nov. 10, Tether appears to have frozen 46,360,701 USDT (USDT) ($46,274,472) owned by troubled cryptocurrency exchange FTX in its Tron...
Indonesia Plans to Tighten Crypto Regulation Following FTX’s Insolvency
Indonesia plans to give its Financial Services Authority (OJK) the power to regulate cryptocurrency investments and market oversight. The country’s Trade Ministry currently polices the digital asset...
Investment Bank CEO Tried Warning SBF About FTX’s Potential Collapse
Investment banking company Jefferies Group’s CEO, Richard “Rich” Handler, took to Twitter to reveal that he unsuccessfully tried to get in touch with FTX CEO Sam Bankman-Fried earlier this year when t...
FTX’s head of institutional sales resigns, says team was ‘completely in the dark’ about insolvency
Zane Tackett, head of institutional sales at FTX, sent a letter to clients stating that his team was “completely in the dark” about the firm’s potential insolvency over the course of this week. ...
Tether reportedly puts FTX’s $46M in USDT on ice
Tether has reportedly blacklisted $46.27 million worth of USDT belonging to FTX. An address with a balance of 46,360,701 #USDT (46,274,472 USD) has just been frozen!https://t.co/W958MBbhA9 — Wha...
Was the Secret Transfer of $4 Billion to Alameda, FTX’s Undoing?
The liquidity crunch facing FTX might have emanated from Sam Bankman-Fried, the crypto exchange’s CEO, secretly transferring at least $4 billion to boost Alameda, with part of the funds being cu...
FTX’s Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters
Beleaguered crypto exchange FTX is seeking to raise more than $9 billion to plug a financial shortfall, according to Reuters. CEO Sam Bankman-Fried is looking to draw funds from numerous sources...
FTX’s Binance rescue deal falls apart in less than 48 hours
On Nov. 9, less than 48 hours after Binance CEO Changpeng “CZ” Zhao announced his intention to bail out troubled competitor FTX, Binance stated that it would not be pursuing the deal. A series of twee...
Tether Freezes Over $46M of FTX’s USDT
Key Takeaways Tether is freezing USDT wallets belonging to FTX. At least 46,360,701 USDT has been blacklisted so far. Tether is reportedly freezing funds by request from law enforcement. Share this ar...
Binance’s Non-Binding Agreement Leaves FTX’s Future Highly Uncertain ⋆ ZyCrypto
Advertisement     Troubled cryptocurrency exchange FTX received a glimmer of hope in the form of Binance signing a non-binding agreement to be acquired by the world’s ...
FTX’s implosion ‘is a massive setback’ for crypto, Kraken CEO says
FTX’s implosion and what’s come to light over the past few days “is a massive setback” for the cryptocurrency industry, Kraken CEO Jesse Powell has opined. Although Powell says crypto will put this ep...
FTX’s Legal and Compliance Team Reportedly Resigned
Troubles for the beleaguered cryptocurrency exchange FTX continue to deepen, following reports that a majority of the firm’s legal and compliance staff have exited the exchange. FTX, which is on the b...
Bitcoin: A-Z of how the king coin fared following FTX’s proposed acquisition
Bitcoin’s price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmation of the i...
FTX’s demise part 2 with Wintermute’s Evgeny Gaevoy and CryptoQuant’s Ki Young Ju
Episode 110 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Wintermute Founder and CEO Evgeny Gaevoy, and CryptoQuant Co-founder and CEO Ki Jung Ju. Listen belo...
Binance CEO internal memo: Binance CEO claims he did not “master plan” FTX’s extinction
Changpeng Zhao, the CEO of Binance, also recognized as “CZ,” tried to warn users that the company’s intention to procure FTX may attract scrutiny from global regulators — but the firm is ready. We pre...
Inside FTX’s demise with Framework Ventures Co-founder Vance Spencer
Episode 109 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Framework Ventures Co-founder Vance Spencer. Listen below, and subscribe to The Scoop on Apple, S...
U.S. regulators investigating FTX’s handling of customers funds, relationship with FTX.US: Bloomberg
Officials at the Commodity Futures Trading Commission and the Securities and Exchange Commission are investigating crypto exchange FTX, according to a Bloomberg report. The inquiry is focused on...
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research – Bitcoin News
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthog...
Binance CEO says he didn’t ‘master plan’ FTX’s collapse
One day after news broke that Binance might acquire the non-U.S. assets of FTX amid a liquidity crunch, CEO Changpeng Zhao told staff that the near collapse wasn’t planned and would likely trigg...
Panic and resignations reign over FTX’s final days
Insiders at could-be acquired crypto exchange FTX are sharing perspectives on Twitter that paint a bleak picture of the firm’s final throes. As the market questioned the solvency of Sam Bankman-Fried’...
Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
Binance CEO Changpeng “CZ” Zhao has shared his take on “two big lessons” to be learned from the FTX saga, saying cryptocurrency firms shouldn’t use their own tokens as collateral and should also keep ...
FTX’s SBF Net Worth Wiped Out by Overnight
3 hours ago | 2 mins read Editors News Sam Bankman-Fried is no longer listed on the Bloomberg Billionaires Index. Binance CEO CZ agreed to buy rival crypto exchange FTX. FTX price sank by over 72% in ...
We searched for FTX’s ether — and we have questions
In an effort to assess FTX’s financial situation, we’ve attempted, unsuccessfully, to track down the cold wallet with the remainder of the exchange’s ether. In the process of searching for the wallet,...
FTX’s Fall Might Hurt CEO’s Crypto Regulation Lobby
The mid-term election in the US is playing a role in influencing and reshaping the regulatory landscape of the crypto industry amid the turmoil brought about by the collapse of the crypto exchange FTX...
FTX’s Push for US Crypto Clearing Left In Suspense By Binance Deal
“Its proposal with the CFTC to offer central clearing of margin products to retail customers will be seen in a different light,” said Ian Katz, a managing director at Capital Alpha Partners, in a Tues...
FTX’s Bankman-Fried gets Binance bailout in stunning reversal of fortune
In the wake of a rare blood moon lunar eclipse, FTX CEO Sam Bankman-Fried shocked the crypto universe on Tuesday with an announcement that the exchange he founded had agreed on a “strategic transactio...
Two hours without withdrawals puts FTX’s liquidity in question
On-chain data has shown that FTX has stopped processing withdrawals for around two hours. According to data analyzed by CryptoSlate, the last outgoing transaction from FTX on Ethereum was recorded at ...
From Crypto Savior To Being Up Against The Ropes — How It Turned Around For FTX’s Sam Bankman-Fried ⋆ ZyCrypto
Advertisement     FTX’s founder earned the title of being crypto’s white knight after a series of bailouts to troubled firms in the industry. Barely six months after t...