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Binance Proof-of-Reserve pledge gains support following FTX crisis
9.11.2022
The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures
Sam Bankman-Fried No Longer a Billionaire After $14.6B Overnight Wipe-out
9.11.2022
FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day
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...
Binance's FTX acquisition seen as chess move by crypto community
8.11.2022
Binance's decision to liquidate 23 million FTT tokens triggered FTX's liquidity crisis
The Story of Sam Bankman-Fried’s Backroom Deal With Binance’s CZ
8.11.2022
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
8.11.2022
Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Binance CEO announces intent to acquire FTX to 'help cover the liquidity crunch'
8.11.2022
FTX CEO Sam Bankman-Fried called the news a "user-centric development that benefits the entire industry."
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...
Alameda on the radar of BitDAO community for alleged dump of BIT tokens
8.11.2022
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda
Binance CEO not interested in Alameda's offer to buy up its FTT holdings
8.11.2022
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance's FTX Tokens saying they'd rather “stay in the free market.”
Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, Alameda
7.11.2022
The SOL token fell 4.7% in the past 24 hours, and crypto traders are forming all sorts of theories as to why
SBF calls for collaboration with Binance 'for the ecosystem'
7.11.2022
FTX's founder denied liquidity issues with FTT token and claimed to be the victim of false rumors
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
7.11.2022
FTX CEO Sam Bankman-Fried has dismissed speculation over whether the company has enough capital to cover its liabilities and customer deposits
Billionaire Sam Bankman-Fried Reveals Reasons for Not Investing in Elon Musk Twitter Takeover
7.11.2022
Sam Bankman-Fried, CEO of FTX, said that the reason the major exchange did not invest in the much-talked-about Elon Musk Twitter takeover is the crypto-related difference in visions for the social network.
The CEO tweeted on November 3,
"We passed on Twitter b/c it didn't seem like our strengths...
FTX Token price risks 30% plunge as a 23M FTT 'part' moves to Binance
7.11.2022
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX
SBF has been a 'significant donor' in the US midterm elections
7.11.2022
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
Sam Bankman Fried Announces Substantial Donations in US Mid-Term Elections
6.11.2022
FTX CEO Sam Bankman-Fried has revealed that he donated millions of dollars to support bipartisan politicians in a bid to lure more crypto allies.
In a Saturday tweet, Bankman-Fried said that he was "a significant donor" in both Republican and Democrat primaries, "supporting constructive...
FTX Goes Live As First Licensed Crypto Exchange in the UAE – What Does Sam Bankman-Fried Have Planned?
3.11.2022
Major crypto exchange FTX has announced it has gone live as the first institution of this type which secured a full license to operate in the United Arab Emirates (UAE).
"As the first licensed crypto exchange in the UAE, we're super excited to expand our operations and grow FTX's presence in...