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Fallen FTX Founder Sam Bankman-Fried Adopts Mackerel as New Currency, Gives Guards Crypto Tips

24.11.2023
Behind bars, Bankman-Fried has adopted mackerel packs as currency and advises guards on crypto amidst his legal turmoil over FTX’s collapse. Image by Fareed Mindalano, DALL-E 3. Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, has adapted to life behind bars...

FTX collapse, Binance’s US settlement provides strong case for MiCA regulations

23.11.2023
European Commission policy officer Ivan Keller highlights high profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe

Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan

22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...

Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding

21.11.2023
An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year...

Rich Dad Poor Dad Author Robert Kiyosaki Says Bitcoin is the “Best Protection” Against Hyperinflation – Here’s Why

20.11.2023
Source: a video screenshot, Youtube/The Rich Dad Channel Renowned author and financial educator Robert Kiyosaki believes Bitcoin (BTC) is the “best protection” against hyperinflation because it is people’s money. The investor, best known for his book ‘Rich Dad Poor...

Dutch Central Bank Director Props Up Gold for Financial Collapse Scenario

20.11.2023
Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the value gold could have in a financial collapse scenario. As the bank has been recently increasing its gold holdings, Houben stated that due to its properties, gold might serve as a hedge in the case...

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

16.11.2023
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX

CFTC Chairman: U.S. Regulators Lack Authority to Prevent Another Major Crypto Collapse

15.11.2023
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has stated that U.S. regulators lack the authority to preemptively prevent another major crypto collapse similar to the FTX incident. Speaking at the Financial Markets Quality Conference 2023 at Georgetown University, Behnam...

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

13.11.2023
The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing

Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report

12.11.2023
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds

We've Seen the FTX Collapse Before

10.11.2023

Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months

10.11.2023

FTT Token Jumps 90% as Gensler Seemingly Paves Way for FTX Reboot

9.11.2023
FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago

Bitcoin’s Price Surge Fails to Entice Former Day Traders

6.11.2023
The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings say they have no plans to return, however, even...

Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say

6.11.2023
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius

SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken

6.11.2023
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year

FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants

4.11.2023
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local offices across various states. FTX Implosion Leads...