Bahamas Financial News

11.11 / 09:41

cryptocurrency FTX FTX Scrambles For Funds As Regulators Take Action, Worsening Solvency Troubles For The Firm

Regulators froze some assets of distressed crypto exchange FTX

11.11 / 08:19

cryptocurrency FTX Sam the bahamas Sam Bankman-Fried’s inner circle ran FTX from the Bahamas, says report: ‘Gang of kids’

Sam Bankman-Fried, once the trusted and public face of cryptocurrency, is now left grappling with a crisis. His crypto exchange FTX faces a shortage of $8 billion and will go bankrupt unless it can get more funding.

11.11 / 07:39

business Blockchain FTX TRON Premium Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw

Tron-based tokens such as JUST (JST) have surged as much as 1000% on FTX, as users scramble to find ways of extracting locked-up liquidity from the beleaguered exchange.

11.11 / 03:15

business regulation FTX Breaking: Bahamas securities regulator freezes FTX assets

The Bahamas Securities Commission (BSC) has frozen the assets of FTX Digital Markets (FDM) and "related parties" on Nov. 10, it also suspended FTX's registration in the country and the Bahamian Supreme Court appointed a provisional liquidator, the BSC said in a statement shared by local media.

10.11 / 18:13

Twitter SEC CEO Fried Sam US regulators US Regulators Already Looking into FTX Empire, Where is Sam Bankman-Fried?

The collapse of FTX is already attracting the attention of US regulators, who are now reportedly looking into whether the firm mishandled customer funds. The investigation is starting as people in the community are beginning to wonder where CEO Sam Bankman-Fried is, given his lack of updates on Twitter.

10.11 / 06:17

FTX Deal collapses Crypto's FTX Chief Looking At All Options After Binance Deal Collapses

Crypto's FTX CEO looking at all options as Binance deal collapses

04.11 / 19:19

Stablecoin Cardano Bitcoin Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.11 / 12:47

business regulation Huobi Caribbean Huobi Global reportedly plans relocation to the Caribbean

Chinese crypto exchange, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, with Dominica being the first candidate.

23.09 / 20:27

UPS CEO ftx crypto exchange FTX Crypto Exchange VC Investors Value it at $32 Billion - Are They Mad or Savvy?

Major crypto exchange FTX is holding discussions with potential investors regarding a funding round worth up to $1 billion. This is to allow the firm’s January 2022 valuation of about $32 billion to stay in line with previous financing from earlier this year.

22.09 / 15:49

Digital CEO Platform Racing FTX is looking to raise another $1B and the reason is surprising

Sam Bankman-Fried’s Bahamian crypto exchange FTX is reportedly out to raise funds again, this time looking for investors to pump in as much as $1 billion in order to maintain its current valuation which is roughly $32 billion.

22.09 / 02:25

UPS SoftBank Coindesk valuation FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

Sam Bankman-Fried's crypto conglomerate FTX is in talks with investors to raise up to $1 billion in new funding that would keep the company's valuation at roughly $32 billion, according to people with knowledge of the discussions.

20.09 / 20:25

business CBDC Yuan Winter Olympics China will expand CBDC trials to most populous province: Report

The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces, including Guangdong.

20.09 / 16:37

FTX Crypto Exchange FTX Builds $1 billion War Chest to Buy up Distressed Crypto and other Assets

CEO and co-founder of major cryptocurrency exchange FTX Sam Bankman-Fried (SBF) has revealed that the company has built an estimated $1 billion war chest to continue deploying capital in order to bail out distressed crypto firms and buy their assets.

19.09 / 14:29

Provident Target Binance regulation Warning ftx crypto exchange Financial UK Financial Regulator Issues Warning Against FTX Crypto Exchange

The UK's Financial Conduct Authority (FCA) has issue a warning to consumers not to conduct any business with the FTX crypto exchange.

16.09 / 17:17

UPS Digital CEO Terra Usd Bitcoin Fried Sam How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry's recent carnage and said he still has cash to spend if opportunity knocks.

09.09 / 21:39

Twitter Digital Amazon Strategy Bitcoin SkyBridge stake SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital

FTX Ventures, an arm of Sam Bankman-Fried’s FTX crypto exchange, will acquire a 30% stake in alternative asset manager SkyBridge Capital, the firms announced Sept. 9. The terms of the deal were not disclosed, but SkyBridge will use $40 million of the proceeds to purchase cryptocurrencies to hold as a long-term investment, according to a statement.

07.09 / 14:01

Blockchain Bitcoin Luna Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts

Attributed to the so-called crypto winter during the first half year, the amount of investment in the crypto market has been dragged, attracting over $14 billion in H1, according to global audit and consultancy firm KPMG.

06.09 / 13:01

Citi CEO PwC Move-to-earn App STEPN to Land in Hong Kong's Cyberport

Move-to-earn app STEPN announced that is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.

18.08 / 18:07

Blockchain Platform Interface Intuit Smart and Social Web3 Platform Blockify Raises USD 2.2M

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

28.07 / 19:32

Blockchain Digital CEO Adventure Comadran Studios Gets Token Subscription of 50M USD From GEM Digital

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

22.07 / 15:23

Fossil fuels the bahamas Over 150,000 litres of diesel fuel spills in the Bahamas near white sand beaches of Great Exuma

A vessel delivering diesel to the Bahamas resort island of Great Exuma spilled around 35,000 gallons (over 159,000 litres) of the fuel early on Wednesday, according to the country's acting prime minister.

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