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Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team
23.11.2022
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."
A Message from MaskEX
22.11.2022
PRESS RELEASE. Despite recent unfavourable market conditions, the MaskEX team wishes to thank its users for remaining loyal to the company. MaskEX aims to ensure that all transactions through the MaskEX website and app are secure and reliable. Additionally, the exchange guarantees the safety...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...
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
27,000 requests last year: Collaboration key for Binance’s Investigations team
16.11.2022
Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime
Team Vitality and Tezos unveil V.Hive, a blockchain-based esports
16.11.2022
Team Vitality is excited to introduce V.Hive, the first mobile app with support-to-earn in blockchain-based esports. This revolutionary app has been built on the most sophisticated blockchain in the world, Tezos. The mobile app has been made accessible on both iOS and Android platforms. V.Hive...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto
16.11.2022
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He also explained why he invests in crypto. Recent Blowups Aren’t Crypto Specific...
The Grand WAHED PitchFest – Pitch Your Idea and Win 25,000 USDT
15.11.2022
PRESS RELEASE. WAHED is delighted to announce the Grand WAHED Pitchfest, an opportunity for entrepreneurs and innovators to secure funding for their next world-changing idea. Founders are invited to present their ideas to the WAHED Team, and the most innovative idea stands to win 25,000 USDT in...
Blockchain gaming elite team up for inaugural GAM3 Awards
14.11.2022
A conglomerate of the industry’s leading companies and influencers have teamed up for the inaugural GAM3 Awards, which aim to become the Grammys for web3 gaming. The event, hosted by Polkastarter Gaming on December 15, will recognize this year’s best web3 games as voted by expert judges...
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’
13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...
FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’
12.11.2022
Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by...
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
Most of FTX Legal Team Depart as Exchange Collapses
10.11.2022
An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit.
According to Semafor, citing people familiar with the matter,
“Most of FTX’s legal and compliance staff quit Tuesday...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
Most of FTX's Legal and Compliance Team Quit: Report
9.11.2022
Semafor, a news organization that FTX's Sam Bankman-Fried invested in, cites people familiar with the matter
SEC Wins Court Case Against Blockchain-Powered Platform – Team Says Loss Sets ‘Dangerous Precedent’
8.11.2022
The Securities and Exchange Commission (SEC) has won a court case against the blockchain-based publishing platform LBRY. According to LBRY, the SEC’s victory sets “a dangerous precedent” for crypto regulation in the US.
The win for the American financial regulator means that LBRY’s token LBC...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...
Formula One Team Haas F1 to Mint Branded NFTs With Opensea
4.11.2022
U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch...