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FTX's Regional Crypto Exchanges Slowly Reopen Withdrawals
11.11.2022
The exchange's Japan and Turkey subsidiaries are slowly allowing customers to withdraw small amounts to their bank accounts
Bitcoin Price and Ethereum Rebound, FTX Pumps 40%
11.11.2022
On November 11, major cryptocurrencies were trading in the green early as the global crypto market cap gained over 7.5% in the previous day to $869 billion. Over the last 24 hours, however, overall crypto market volume fell over 23% to $144.29 billion. ...
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US senators commit to advancing crypto bill despite FTX collapse
11.11.2022
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.”
Pád burzy FTX otřásá kryptoměnami v základech, experti jej přirovnávají ke krachu Lehman Brothers
11.11.2022
Paniku investorů odstartovala uniklá data z účetních výkazů sesterského podniku, která odhalila, že většina kapitálu je složena z tokenů FTT vydávaných stejným vlastníkem
Tether CTO confirms no plans to rescue FTX
11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help
Major stablecoins destabilized as market volatility and redemptions surge
11.11.2022
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize
First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K
11.11.2022
Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda
FTX's 'Effective Altruism' Future Fund Team Resigns
11.11.2022
In an open letter, the team says they are unable to perform their work or process grants and has "fundamental questions" about the legitimacy and integrity of business operations
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
11.11.2022
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’
11.11.2022
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
11.11.2022
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 decision was caused by the “lack of clarity” on the current state of FTX, which...
BlockFi limits platform activity, including a halt on client withdrawals
11.11.2022
"We intend to communicate as frequently as possible [...] but anticipate that this will be less frequent than what our clients and other stakeholders are used to."
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
11.11.2022
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped...
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
11.11.2022
Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse
Genesis Trading reveals $175M of funds are locked in FTX
11.11.2022
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy
FTX Collapse Sparks Alarm From US Lawmakers
11.11.2022
A number of lawmakers have called for investigations or clearer regulation in the wake of FTX's sudden collapse
California Financial Regulator Announces FTX Investigation
11.11.2022
California's Department of Financial Protection and Innovation announced it was investigating FTX in a press release late Thursday
JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K
11.11.2022
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall...
Breaking: Bahamas securities regulator freezes FTX assets
11.11.2022
The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...