Search
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
11.11.2022
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 Financial Protection and Innovation (DFPI) published a consumer alert and said the state regulator...
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...
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
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."
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
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
10.11.2022
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a particular sparring partner.” SBF Says He Messed...
BREAKING: FTX appears to have resumed withdrawals Blockchain data shows
10.11.2022
Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute
Crypto Exchange FTX Reopens Withdrawals: Nansen
10.11.2022
Troubled crypto exchange FTX has reopened withdrawals, according to on-chain data provided by Nansen
Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?
10.11.2022
Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.
In an email to users on Wednesday, the platform reportedly said that they are suspending deposits and withdrawals of USDC and USDT on the Solana...
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
10.11.2022
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said
FTX website comes back online with message advising against deposits
10.11.2022
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down
Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals
9.11.2022
The crypto trading platform cited “recent industry events” in an email to users announcing the suspension
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
9.11.2022
The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity
Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?
9.11.2022
As the crisis at Sam Bankman-Fried's formerly trusted exchange continues, everything hinges on one key question: Where's the money?
FTX Exchange Halts All Crypto Withdrawals
8.11.2022
Customers' crypto withdrawals that were previously backlogged have been halted altogether, according to announcements from the official FTX Support Telegram group
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
8.11.2022
FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.
In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that...
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
2.11.2022
Crypto exchange Deribit halted withdrawals following a hot wallet hack where hackers got away with $28 million in stolen funds
Report: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure
31.10.2022
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut...