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UC Berkeley Suspends Stadium Naming Rights Deal With FTX

17.11.2022
A member of the athletic department confirmed the end of the partnership in an email to CoinDesk

News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform

17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform

The Xbox Series S Is Now Even Cheaper Than The Nintendo Switch

17.11.2022
The Xbox Series S is without question my favorite home console in years. It’s small, sleek, and runs like a Swiss watch. It’s also incredibly affordable at just $300, but somehow it just got even cheaper. Microsoft announced earlier today that the Game Pass juggernaut will be discounted to $250...

FTX acquisition no more: Canadian exchange Bitvo backs off the deal

17.11.2022
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators

Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX

17.11.2022
Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange. Per the TSM announcement, the FTX branding will be removed from player jerseys, as well...

Esports team TSM suspends $210M sponsorship deal with FTX

17.11.2022
TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX

SBF Is Sleeping Better, Playing Video Games — New York Times Sam Bankman-Fried Interview Dunked on for Going Soft on FTX Co-Founder

15.11.2022
On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only offer “limited details about the central questions...

Visa Terminates Agreements With Bankrupt Crypto Exchange FTX

15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...

News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact

14.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce...

Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges

14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...

From Mercedes F1 to Miami Heat, Sports Teams Suspend FTX Sponsorships

13.11.2022
A string of organizations competing in various sports are pulling out of sponsorship deals with beleaguered cryptocurrency exchange FTX. The coin trading platform had pledged millions of dollars to building up brand recognition among sports fans before it went bankrupt. FTX Sign Being Dismantled...

Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early

12.11.2022
Miami-Dade County terminated its relationship with the exchange

Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador

12.11.2022
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which the company relates to users, setting new standards...

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...

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...

From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....

Bitcoin Losses Continue after Binance Quits FTX Deal

10.11.2022
After a sudden turmoil in the FTX exchange, crypto enthusiasts thought Binance would come to the rescue, but Binance officials have announced that it is beyond their control. Binance exchange can’t support FTX customers to provide liquidity on the platform. As a result, the crypto market has been...