Search
California regulators to investigate FTX crypto exchange collapse
11.11.2022
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...
LayerZero Labs bought back its stake from FTX Ventures and Alameda
10.11.2022
The protocol announced an agreement that bought out 100% of FTX Ventures and Alameda Research's equity position
FTX US resigns from the Crypto Council for Innovation
10.11.2022
“The news this week has been shocking, but we’ve also seen the community come together," said CCI CEO Sheila Warren
Sam Bankman-Fried apologizes over FTX liquidity crisis: 'I fucked up twice'
10.11.2022
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events
Binance shares wallet addresses and activity after proof of reserve pledge
10.11.2022
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity
Brian Armstrong pushes to have an easy spot on US Cos. amid FTX crisis
10.11.2022
FTX now sees nothing going in its favor. The Securities and Exchange Commission and the Department of Justice are investigating the venture’s handling of customer funds. Certain assets should have been registered with the SEC; otherwise, FTX could be charged with breaking US regulations...
FTX loses Binance as a savior
10.11.2022
FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to withdraw from FTX. Binance’s decision to back out of the deal, citing concerns about...
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
Ledger hardware wallets hit by the FTX earthquake, CTO says
10.11.2022
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
10.11.2022
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said
OKX, Kucoin say proof of reserves will be ready in a month
9.11.2022
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
9.11.2022
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger
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 Research and FTX Ventures websites go dark
9.11.2022
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
9.11.2022
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX
FTX crisis is driving away crypto giants
9.11.2022
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposure to the platform or its currency. Genesis and Crypto.com are the newest additions to a list that...
Binance to buy non-US operations of FTX
9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...
Binance tops up SAFU fund at $1 billion amid price fluctuations
9.11.2022
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
9.11.2022
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”