The FTX crisis is not believed to stop right away, as the contagion is likely to spread wider, trapping more institutions or platforms. The Bitcoin price is currently trading between the interim resis...
Tag: FTXs
What Does The Founder Of 3AC Has To Say About FTX’s Fallout?
The founder of the currently inoperative crypto hedge fund Three Arrows Capital (3AC) has started to make statements regarding the firm’s bankruptcy. This comes after months of silence after the bankr...
FTX’s collapse: Hayman Capital’s Kyle Bass says ‘there’s more to come’
FTX’s collapse is still causing reverberations across the crypto market, with the latest crypto news being Genesis’s lending business halting customer withdrawals. Kyle Bass, the founder and CIO of Te...
FTX’s ‘liquid’ assets are almost illiquid, data shows
Sam Bankman-Fried, the beleaguered former CEO of the ailing cryptocurrency exchange FTX, is attempting to seek funding to save the platform. Still, the effort has been met with mixed emotions amid wor...
Genesis Halts Withdrawals for its Lending Arm Following FTX’s Collapse
Crypto brokerage firm Genesis Global Trading has paused withdrawals for its lending business, which has been impacted by the FTX crisis. The company blamed large withdrawals from customers due to the ...
FTX’s Bahamas Entity Files for Chapter 15 Bankruptcy Protection in the US: Report
FTX’s Bahamas unit – FTX Digital Markets Ltd – has filed for Chapter 15 bankruptcy seeking protection from creditors in the United States. Chapter 15 bankruptcy essentially enables a foreign debtor to...
FTX’s Bahamas unit files for Chapter 15 bankruptcy protection
FTX Digital Markets, the Bahamas-based subsidiary of collapsed crypto exchange FTX, filed for Chapter 15 bankruptcy protection on Tuesday in the Southern District Court of New York. The filing c...
Citadel CEO Declares FTX’s Demise “One of the Greatest Tragedies in Financial History”
3 hours ago | 2 mins read Exchange News Ken Griffin, Citadel CEO has termed FTX’s collapse as one of the biggest “travesties.” Griffin argues that the FTX’s demise will cause the trust of a generatio...
Paradigm writes off FTX investment; UK regulator investigating Binance on FTX’s demise
The biggest news in the cryptoverse for Nov. 15 includes UK lawmakers probing Binance over FTX collapse, on-chain sleuth ZachXBT calling out Gate.io for covering up 2018 hack, and Three Arrows Capita...
Australia suspends FTX’s financial services license
The Australian Securities and Investments Commission has suspended FTX Australia’s financial services license in the country until May 15, 2023. “Until [December 19] 2022, FTX Austra...
Days After The Tumble — Here’s How Other Exchanges Reacted To FTX’s Collapse ⋆ ZyCrypto
Advertisement     After FTX rocked the industry, exchanges scurried to reassure their users that all was in order with their operations. Coinbase’s CEO stated that cus...
Lawyer who beat Microsoft, repped Theranos, eyes suit against FTX’s celeb backers
High-profile FTX promoters like Tom Brady and Steph Curry could have a lawsuit on their hands. Famed lawyer David Boies is talking to clients about a possible class action lawsuit against celebr...
FTX’s ex-CEO Sam Bankman Fried claims Alameda had more assets than liabilities just a few days before bankruptcy filing
Ex-FTX CEO Sam Bankman Fried said in a recent tweet that Alameda had more assets than liabilities as of Nov. 7, just a few days before it filed for bankruptcy, but noted that the assets were not liqui...
Future implications of FTX’s bankruptcy filing for crypto assets – crypto.news
The collapse of FTX, a crypto exchange that was earlier this year valued at $32 billion and made famous by a Super Bowl commercial starring comedian Larry David, has left the crypto market in a state ...
Dominos Keep Falling: FTX’s “Liquid” Halts Withdrawals
The collapse of the crypto exchange FTX continues to wreak havoc across the industry, new companies are filing for bankruptcy as contagion spreads. Liquid Global, a crypto trading venue acquired by th...
FTX’s Collapse Will Push Institutional Adoption Of Crypto
Some worry that FTX’s collapse will shake the relationship between institutions and cryptocurrencies. Institutional investors like JP Morgan believe, however, that the debacle will entice financial in...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protecti...
This Week on Crypto Twitter: FTX’s Collapse as It Happened, in Tweets
Illustration by Mitchell Preffer for Decrypt This week, the crypto industry witnessed one of the most sudden and devastating contractions of wealth in financial history. Sam Bankman-Fried’s $16 billio...
BlockFi expresses its anguish regarding FTX’s bankruptcy
BlockFi has gone the extra mile and made a public announcement regarding its sheer anguish. This is in reference to how the negative situation at FTX appears to be having a terrible impact on all of i...
FTX’s New Leadership Is in Touch With Regulators, May Have Over 1M Creditors, New Filings Say
The document, filed to the federal court database system PACER late Monday, provided the first true glimpse of the crypto exchange’s last day prior to filing for bankruptcy and its first few day...
FTX’s Founder Bankman Fried Says I failed to see warning signs
FTX founder and former Chief Executive Sam Bankman-Fried said in an interview to the New York Times on Monday that he expanded his business too fast and failed to notice signs of trouble at the exchan...
Let’s move on from FTX’s collapse and get back to the basics
Pundits are calling the collapse of the FTX exchange the end of cryptocurrency and venture capitalism related to it. But it’s not. Some of them anointed Sam “SBF” Bankman-Fried “The King of Crypto” — ...
‘We’ll prove them all wrong.’ Michael Saylor, Crypto.com CEO Kris Marszalek, and El Salvador’s president defend crypto in the wake of FTX’s crash
It’s been called crypto’s Lehman Brothers moment, but the FTX crash has done little to dent the optimism of the industry’s remaining big players. FTX—among the world’s largest cryptocurrency exchanges...
An Initial Look at The Fallout from FTX’s Collapse
November 14, 2022, 4:37PM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
“Dr. Doom” Nouriel Roubini Says Binance’s CZ Is Even Shadier Than FTX’s SBF
Alex Dovbnya “Dr. Doom” economist took aim at Binance CEO Changpeng Zhao in recent tweet, questioning the crypto mogul’s integrity NYU economics professor Nouriel Roubini recently to...
FTX’s CFTC application to offer direct trading is dead
FTX is pulling the plug on its application to offer its automated margin in the U.S. The bankrupt crypto exchange withdrew its application, made through a subsidiary, to offer a novel structure ...
This is Where FTX’s Bankman-Fried Is Hiding Out
Join Our Telegram channel to stay up to date on breaking news coverage According to a report by Reuters, the former CEO of the bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is still in the ...
FTX’s Freefall Into Bankruptcy Shows Why Case File Is Empty
(Bloomberg) — The collapse of Sam Bankman-Fried’s crypto empire has been chaotic, fast and full of unknowns. The world should soon get some answers via a Delaware federal court. Most Read from B...