FTX Financial News

17.11 / 18:09

Adoption Binance FTX Bitcoin 'I knew he was desperate' — Binance CEO CZ opens up on SBF relationship

Binance CEO Changpeng ‘CZ’ Zhao knew Sam Bankman-Fried was in a desperate situation when the former CEO of the now-bankrupt FTX exchange called him for a bailout.

17.11 / 16:45

Binance FTX Coindesk: Binance To Relaunch Bid To Buy Bankrupt Voyager Digital: Report

The crypto market is teetering after the collapse of FTX, which is seeking bankruptcy protection.

17.11 / 16:37

business lending FTX Bankruptcy The FTX contagion: Which companies were affected by the FTX collapse?

While the FTX collapse may have had a severe effect on the broader crypto market, some companies bore the brunt of the impact and were directly hit by the storm that the embattled crypto exchange brought.

17.11 / 15:19

FTX FTX Token class action Backed Tom Brady and Larry David Face Class Action For Endorsing FTX, Suit Alleges They Backed ‘Unregistered Securities’

FTX investors have filed a class action lawsuit against the founder and former CEO of the collapsed cryptocurrency exchange, as well as several celebrities who promoted the platform.

17.11 / 13:03

Binance regulation FTX hearing us house committee US House Committee to Hold Hearing on FTX Collapse – Regulation Incoming?

The US House Financial Services Committee plans to investigate the collapse of FTX and hold a hearing on the matter next month.

17.11 / 09:59

business FTX No red flags at FTX despite 8 months of 'extensive due diligence' — Temasek

Singapore's state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn't find any significant red flags in FTXs financials before deciding to invest $275 million into the now-bankrupt crypto exchange.

17.11 / 09:57

FTX Fried Sam FTX Bankruptcy Filing Was A Mistake, Says CEO Sam Bankman-Fried

Regulators make everything worse, Sam Bankman-Fried said.(File)

17.11 / 06:29

cryptocurrency Digital FTX Bitcoin Crypto is a malicious combination of fraud and delusion: Charlie Munger

Digital currencies are a malicious combination of fraud and delusion, said Berkshire Hathaway vice chairman Charlie Munger, in an interview with CNBC.

17.11 / 03:31

business Twitter FTX Bankruptcy FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets

The new CEO and chief restructuring officer for the bankrupt FTX cryptocurrency exchange, John Ray, has icily responded to the erratic series of tweets from former CEO and founder Sam Bankman-Fried.

17.11 / 00:45

business Blockchain FTX class action Tom Brady and other celebrities named in class action lawsuit against FTX

Former FTX CEO, Sam Bankman-Fried ‘SBF’, as well as a number of celebrities who endorsed FTX, have been named in a class action lawsuit filed on Nov.15 in Miami.

17.11 / 00:09

business FTX Bankruptcy Fried Sam Updates Sam Bankman-Fried updates investors: 'We got overconfident and careless,' claims $13B leverage

Former FTX chief executive officer Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse, claiming it wasn’t $5 billion, but closer to $13 billion.

16.11 / 23:59

NFT FTX Marketplace Opensea Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15

In this week’s newsletter, read about how the FTX contagion led to the sale of a collection containing high-ticket nonfungible tokens (NFTs). Check out the struggles in onboarding artists to Web3 through NFTs and find out about OpenSea’s decision to finally enforce royalties on all collections within its NFT marketplace. In other news, a tool that allows layer-2 networks to showcase NFTs on social platforms like Twitter was released. And don’t forget this week’s Nifty News featuring Nike’s Dot Swoosh NFT platform.

16.11 / 22:55

business Blockchain FTX Reserve Bybit releases reserve wallet addresses amid calls for transparency

Crypto exchange Bybit publicly released the addresses of its largest crypto wallets on Nov. 16. This came on the heels of FTX’s collapse and calls within the industry for greater transparency. Bybit listed the addresses in a press release.

16.11 / 21:55

UPS Action Gemini FTX class action FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed

BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.

16.11 / 21:29

regulation FTX Congress Fried Sam Financial Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'

California Representative Brad Sherman, who repeatedly called for a ban on U.S. residents buying crypto, accused leaders at several financial agencies of parroting former FTX CEO Sam Bankman-Fried’s ideas on regulating digital assets.

16.11 / 20:25

Citi FTX analyst Citi Analyst Joseph Ayoub Warns of Serious Contagion Risks From FTX Implosion, Here’s What Could Happen

As collapsed exchange FTX is advancing through its voluntary Chapter 11 bankruptcy proceedings, some market observers are concerned over the risk of a broader contagion spreading across the crypto ecosystem, according to Joseph Ayoub, an analyst at international financial industry player Citi.

16.11 / 18:03

markets FTX Bitcoin Bitcoin Price FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack

If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox.

16.11 / 17:39

FTX SBF Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’

Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink.

16.11 / 15:45

FTX Rescue Fried Sam FTX's Sam Bankman-Fried Begged For A Rescue Even As He Revealed Huge Holes In Firm's Books

Bankman-Friedalso tried to get a group of crypto firms to each pitch in $1 billion.

16.11 / 15:45

FTX FTX Token Fried Sam New Development: Sam Bankman-Fried is Attempting to Raise New Capital to Fix FTX Problem

Founder and former CEO of FTX Sam Bankman-Fried is striving to raise fresh capital in a bid to make customers whole despite bankruptcy filings.

16.11 / 13:33

lending FTX BlockFi Crypto Lender BlockFi Pauses Platform Activity, Prepares for Bankruptcy Amid FTX Drama

Crypto lender BlockFi has continued to pause withdrawals amid the fallout of cryptocurrency exchange FTX, saying that they are exploring all scenarios to find the best path forward.

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