FTX Financial News

30.11 / 14:27

defi FTX Solana-Based Decentralized Exchange Serum Now ‘Defunct’ After FTX and Alameda Implosion – Here’s What Happened

As the bankruptcy proceedings of FTX and linked firm Alameda Research continue to ravage through the cryptosphere, Solana-based decentralized exchange Serum is one of the latest victims of the collapse triggered by Sam Bankman-Fried’s actions. Serum has announced in a tweet that, as the upgrade authority is held by FTX, its program on the mainnet became defunct.

30.11 / 13:59

FTX Fried Sam Sam Bankman-Fried Loses $17 Billion Fortune, Now Down to Just $100,000 in the Bank

Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, is down to $100,000 from the approximately $17 billion he was worth earlier this year.

30.11 / 01:17

business FTX ‘I never opened the code for FTX’: SBF has long, candid talk with vlogger

Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX.

30.11 / 00:51

regulation FTX Congress lawmaker US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse

Ron Wyden, chair for the United States Senate Finance Committee, has requested information from six crypto firms on consumer protection following FTX’s liquidity issues and bankruptcy.

29.11 / 20:19

Ethereum regulation FTX Bitcoin $16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report

On this week’s The Market Report show, Cointelegraph’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would mean for the rest of the crypto space.

29.11 / 16:03

Robinhood Legal FTX BlockFi Bankrupt crypto Fried Sam Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million

Bankrupt crypto lender BlockFi is suing FTX's founder Sam Bankman-Fried to seize shares in the US trading platform Robinhood, allegedly pledged as collateral by the former FTX CEO just days before the exchange notoriously imploded.

29.11 / 15:49

markets data FTX Chainlink eyes 25% rally ahead of LINK staking launch in December

Chainlink (LINK) looks poised for 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical facto.

28.11 / 23:55

regulation FTX Congress hearing us house committee US House committee sets Dec. 13 date for FTX hearing

The United States House Financial Services Committee has announced it will be holding a hearing to investigate the events around the collapse of crypto exchange FTX.

28.11 / 21:23

business FTX marketing FTX logos and promotional material still everywhere despite bankruptcy proceedings

Before its liquidity issues and bankruptcy filing in November, FTX was well known for its prolific stance on making sponsorship deals. Even with many in and out of the space now associating the exchange with failed financial institutions, traces of the promotional glitter bomb it has unleashed on the world aren’t likely to go away anytime soon.

28.11 / 12:21

cryptocurrency Binance FTX WazirX blocked over 700 suspicious accounts between April-September 2022

Cryptocurrency exchange WazirX on November 28 said that it had blocked over 700 accounts on its platform between April 2022 and September 2022. Most of these were blocked in relation to illegal fund transfers, crypto scams, cheating, and forgery.

28.11 / 11:43

business Adoption Google FTX Fried Sam FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows

The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this trend include mainstream media attention, colossal losses and political ties.

28.11 / 05:37

Law Ripple regulation FTX fall Utility FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building “real utility.”

28.11 / 01:11

Adoption defi DEX FTX After FTX: Defi can go mainstream if it overcomes its flaws

The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms.

27.11 / 14:13

Adoption Binance FTX Binance Founder CZ Says Crypto Adoption Will Happen ‘Regardless’ of Government Decision on Regulation

Binance CEO Changpeng Zhao has said countries better regulate crypto rather than fight it, claiming that crypto adoption will happen no matter what.

27.11 / 13:17

FTX Fried Sam Influencer Crypto Influencer BitBoy Flies to Bahamas to Find Sam Bankman-Fried - This is What Happened

Prominent crypto influencer Ben Armstrong, aka BitBoy Crypto, has flown to the Bahamas in a bid to talk to Sam Bankman-Fried, FTX founder and its former CEO.

26.11 / 20:35

Blockchain Altcoin FTX Bankruptcy Alameda Research withdrew $204M ahead of bankruptcy filing - Arkham Intelligence

Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25.

25.11 / 18:03

Lowe's Digital solana FTX Lost Solana Foundation Lost Nearly $200 Million After FTX Collapsed – This is What You Need to Know

The Solana Foundation lost close to $200m in the epic collapse of crypto exchange FTX, and says it remains an open question if any of it can be recovered in the aftermath of the bankruptcy.

25.11 / 17:09

business Law regulation FTX FTX’s collapse could change crypto industry governance standards for good

The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore.

25.11 / 16:11

business regulation FTX Turkey seizes FTX assets in the country amid the ongoing investigation

Assets belonging to former FTX CEO Sam Bankman-Fried have been seized by the country’s Financial Crimes Investigation Board, locally known as MASAK, following the collapse of his main business.

25.11 / 15:23

Blockchain regulation FTX stake FTX stake in US bank raises concerns about banking loopholes

The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks from rural Washington has raised fresh concerns about its operations and alleged misuse of banking loopholes.

24.11 / 22:21

business Trading FTX Support Bybit launches $100M support fund for institutional traders

Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space.

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