FTX Financial News

11.11 / 18:29

Provident CEO Action FTX Crypto Prices Crash as FTX Declares Bankruptcy, SBF Resigns - Winners and Losers

FTX's desperate scramble for investors to repair its balance sheet has ended in bankruptcy.

11.11 / 17:21

business regulation FTX exchanges Bitcoin Price FTX collapse: The crypto industry’s Lehman Brothers moment

The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is staring down the possibility of bankruptcy after its bid to be acquired by Binance failed.

11.11 / 17:21

markets business FTX Bankruptcy Terra Luna Warning FTX ex-exec floats 'cool token' idea amid warning rebound may take years

Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns.

11.11 / 17:21

business NFT FTX Customers FTX customers attempt roundabout ways to withdraw their funds in Bahamas

As the FTX crisis continues its outpour, users of the platform try various ways to bypass the official process of withdrawing their funds from the collapsing exchange.

11.11 / 15:35

FTX FTX Token Fried Sam Sam Bankman-Fried Apologises, Tells Binance ‘You Won’

FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. "I f****d up, and should have done better," the CEO said.

11.11 / 14:51

Blockchain NFT FTX FTX contagion victim Deepak.eth puts NFT collection up for sale

The founder of the Chain blockchain infrastructure company, who goes by the internet pseudonym Deepak.eth, took to Twitter to announce the sale of their nonfungible token (NFT) collection.

11.11 / 14:15

cryptocurrency FTX Crypto Token Tron Founder Justin Sun Ready To Give Billions In Aid To FTX: Report

Tron founder Justin Sun ready to give billions in aid to FTX: Bloomberg reporter

11.11 / 13:31

FTX FTX Token Lost Customer FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?

Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets.

11.11 / 12:57

business FTX Fried Sam fall Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX

The crypto community continues to be bombarded with rumors and conspiracy entering into the fifth day of FTX's fall.

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 / 09:27

BTC FTX CPI Bitcoin Bitcoin Price and Ethereum Rebound, FTX Pumps 40%

On November 11, major cryptocurrencies were trading in the green early as the global crypto market cap gained over 7.5% in the previous day to $869 billion. Over the last 24 hours, however, overall crypto market volume fell over 23% to $144.29 billion.

11.11 / 08:35

business Tether Funding FTX Rescue Tether CTO confirms no plans to rescue FTX

Cryptocurrency exchange FTX has lost at least one potential rescuer as it battles to fill a reported multi-billion dollar hole in its balance sheet.

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 / 06:03

business FTX Withdrawals BlockFi limits platform activity, including a halt on client withdrawals

Crypto lender BlockFi has halted client withdrawals on its platform as part of a broader limit to activity in the wake of FTX’s collapse.

11.11 / 05:59

cryptocurrency Twitter Binance FTX Fried Sam Withdrawals reserves Cryptocurrency roundup for November 11: SEC launches probe against FTX chief Sam Bankman-Fried, Crypto Lender BlockFi halts withdrawals, Binance reveals proof of reserves and more

[content][quote]Big Story[/quote][title]SEC probing if Sam Bankman-Fried violated securities laws[/title][circularimage]

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.

11.11 / 00:57

regulation FTX white house White House says 'prudent regulation of cryptocurrencies' is needed, hinting at situation with FTX

The White House said the Biden administration was monitoring the situation with the recent crypto market crash but deferred to independent regulators for any potential enforcement actions.

11.11 / 00:47

business Blockchain Trading FTX FTX US announces it may halt trading on its platform in a few days

In a long apology issued by the CEO of FTX, Sam Bankman-Fried, also popularly known as SBF, he assured the crypto community that the recent turn of events was only going to affect FTX international. According to him “FTX US, the US based exchange that accepts Americans, was not financially impacted by this shitshow.” He assured users that FTX US was “100% liquid” and that “Every user could fully withdraw (modulo gas fees etc)”.

11.11 / 00:33

business Blockchain FTX Fried Financial Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July

Richard Handler, the CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread, Jeffries revealed screenshots of emails that he claimed were sent to associates of Sam Bankman-Fried.

11.11 / 00:03

business Blockchain FTX stake LayerZero Labs bought back its stake from FTX Ventures and Alameda

Interoperability protocol LayerZero Labs announced on Nov.10 an agreement that bought out 100% of FTX Ventures and Alameda Research equity position, including token warrants and all agreements between the parties.

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