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Sam Bankman-Fried Apologises, Tells Binance ‘You Won’
11.11.2022
FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. "I fucked up, and should have done better," the CEO said.
In his first series of tweets since Binance announced and then reversed an offer to buy troubled crypto exchange FTX, SBF apologized...
$46.5 Million USDT Owned by FTX Frozen by Tether at Request of Law Enforcement
11.11.2022
Major stablecoin issuer Tether froze $46.5 million of USDT held by the collapsing crypto exchange FTX, reportedly at the request of law enforcement.
Specifically, this is the USDT held on the Tron blockchain in a wallet belonging to FTX, according to block explorer Tronscan.
This wallet contains...
FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?
11.11.2022
Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets.
According to a recent report by The Wall Street Journal, the exchange provided up to $10 billion in loans using money that customers...
Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility
11.11.2022
Ether's net supply increase has turned negative for the first time since Merge
FTX Australia Calls In the Administrators: Report
11.11.2022
FTX Australia and FTX Exchange, the Australian entities of troubled global cryptocurrency exchange FTX, appointed administrators, Australia media reported
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX
11.11.2022
A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media
BlockFi halts withdrawals following FTX collapse
11.11.2022
A cryptocurrency lending platform BlockFi announced yesterday that it would limit its operation and could not conduct business as effectively as before with FTX. It paused the customer withdrawals citing the lack of clarity about FTX’s current situation. The decision was taken after citing...
California regulators to investigate FTX crypto exchange collapse
11.11.2022
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously
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. ...
Read More: Bitcoin Price and Ethereum...
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."