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FTX-Owned Crypto Exchange Liquid Suspends Trading for Bankruptcy Proceedings – Here's What Happened
21.11.2022
Liquid Global, a Japan-based crypto exchange owned by now-bankrupt exchange FTX, has halted all trading after being “instructed” to do so by the law firm handling the bankruptcy.
“We have been instructed by [law firm Sullivan & Cromwell], who act for FTX Trading, to pause all forms of trading...
Crypto Listing and Delisting Announcements: Week 47
21.11.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
My story of telling the SEC ‘I told you so’ on FTX
21.11.2022
I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after
FTX Japan plans to resume withdrawals by 2023: Report
21.11.2022
Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States
Serum price soars 140% in one week amid FTX 'exit pump' fears
21.11.2022
FTX exposure risk has not stopped Serum price from a massive rally despite major cryptocurrency exchanges delisting SRM
CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March
21.11.2022
According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive said his end goal was to compete with CME Group....
Crypto Exchange Uniswap Says It Collects Users' Public On-Chain Data
21.11.2022
The development lab behind the decentralized exchange said personal identifiers are not collected
FTX submits list of creditors revealing $3B in debt
21.11.2022
The FTX crisis has reached a new level of difficulty. The business owes its unsecured creditors more than $3 billion, according to court documents. Moreover, a pair of customers are claiming to have $200 million each in their dues. Due to a lack of liquidity, FTX recently announced that it would...
Kraken Crypto Exchange Founder Jesse Powell Says This One Thing Can Trigger the Next Bull Market
21.11.2022
Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken, has predicted that the upcoming Bitcoin halving can trigger the start of the next bull market.
Powell, who appeared in an episode of the Bankless podcast, talked about the overall state of the crypto industry following...
Binance makes moves in hardware wallet industry with new investment
21.11.2022
Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round
Uzbekistan Licenses 2 Crypto Exchange Service Providers
21.11.2022
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto...
Celsius bankruptcy victims get proof-of-claim deadline from US court
21.11.2022
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company
FTX exchange suffers $59M loss due to hacking
21.11.2022
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...
FTX-owned Liquid exchange pauses all trading after withdrawal halt
21.11.2022
Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing
Binance CEO: We Don’t See a Viable Business in India
21.11.2022
Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and pro-business.” Binance’s CEO on Indian...
Getting funds out of FTX could take years or even decades: Lawyers
21.11.2022
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
20.11.2022
Not much is known about who these creditors could be, as names and personal information were redacted from the published document
Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
20.11.2022
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from...
FTX funds on the move as thief converts thousands of ETH into Bitcoin
20.11.2022
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review
20.11.2022
With the colossal collapse of crypto exchange FTX in recent weeks, excitement in the world of cryptocurrency and finance has been in no short supply. Former FTX CEO Sam Bankman-Fried’s private jet was reportedly spotted heading to Argentina, Kraken’s CEO has addressed the fallout of...