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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...
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
9.11.2022
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain
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....
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...
Bitcoin Price Prediction as BTC Rebounds Above $20,000, Binance Buying FTX
8.11.2022
Bitcoin price prediction was bearish; however, it has shifted to bullish above the double bottom level of $19,230. Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to buy the FTX exchange. Binance CEO Changpeng Zhao said this would assist in relieving pressure...
Breaking News: Crypto Prices Explode as Binance Acquires FTX
8.11.2022
Binance is set to acquire FTX – that is the startling news that hit the cryptoverse moments ago.
Changpeng Zhao - or CZ as he is known – tweeted that Binance has been asked for help by FTX as it seeks to staunch the bleeding at the exchange, after Coindesk caught sight of documents earlier this...
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...
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...
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...
Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital
17.10.2022
Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is complying with the law.” Texas State Securities Board, Department of Banking, and Attorney General File...
Visa Partners With FTX to Roll out Crypto Debit Cards in 40 Countries
9.10.2022
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive. Visa...
GameStop Partners With Crypto Exchange FTX.US to Boost Digital Asset Adoption
7.9.2022
The video game retailer also reported a narrower-than-expected net loss for its fiscal second quarter, and shares jumped 10% after the close
FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner
1.9.2022
The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps
Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review
28.8.2022
Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the best investments of the decade. One analyst, however, says if the precious metal falls below $18, it’s “very possible that we could see silver...
Crypto Exchange FTX.US Opens Stock Trading to Users Nationwide
27.7.2022
The crypto exchange won’t be charging trading fees, nor will it accept payment for order flow
FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry
24.7.2022
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview,...
BlockFi had $1.8B in outstanding loans in Q2: Report
22.7.2022
Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022, and shared how it is managing liquidity and credit risk
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
21.6.2022
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains...