FTX Financial News

10.11 / 23:55

regulation FTX FTX US resigns from the Crypto Council for Innovation

United States-based exchange FTX US has left its position at the crypto advocacy group Crypto Council for Innovation, or CCI.

10.11 / 21:57

solana FTX SOL/USD week Solana Price Prediction – Can SOL Recover as it Falls 40% in a Week?

Solana price prediction is bearish; however, the closing of the daily candle above $11.50 is signaling chances of a bullish reversal. According to crypto influencer DrProfitCrypto, the Solana (SOL) team delayed the start of the staking unlock period by two days. However, token holders could still access and sell their SOL holdings.

10.11 / 21:13

UPS Tether FTX Crypto Prices Bounce as FTX Searches For Rescuers, Tether Peg Slips, Contagion Fears Mount

Crypto prices bounced today but how long can the reprieve last and will FTX survive?

10.11 / 21:11

cryptocurrency FTX Bitcoin Fried Sam "I'm sorry... I f---ed up": Crypto billionaire Sam Bankman-Fried blames himself for FTX fiasco

FTX CEO Sam Bankman-Fried on November 10 took to Twitter to admit that he "f---ed up" while announcing that he is winding down Alameda Research, the trading firm he co-founded alongside FTX.

10.11 / 19:27

business Blockchain FTX Withdrawals BREAKING: FTX appears to have resumed withdrawals Blockchain data shows

According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange's hot wallet address, which has remained inactive after FTX announced on Nov. 8 it would be halting all user withdrawals, has resumed activities as of 3:50 pm UTC. Blockchain data shows that multiple types of tokens and large sums of transactions have since left the hot wallet, which has a balance of $469 million at the time of publication.

10.11 / 19:23

regulation FTX Financial Japan's financial regulator requests FTX Japan halt operations

The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the policies of FTX Trading Limited.

10.11 / 19:21

cryptocurrency Kraken FTX FTX approaches crypto exchange Kraken for funds: Report

FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the matter, just hours after Chief Executive Sam Bankman-Fried said he had launched an urgent push to raise funds.

10.11 / 18:01

business FTX Fried Sam Sam Bankman-Fried apologizes over FTX liquidity crisis: 'I fucked up twice'

In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has said: “I’m sorry.”

10.11 / 15:13

Binance FTX fall price crash Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now

Earlier this week, speculation around the liquidity crunch at FTX sent shockwaves across the entire crypto industry.

10.11 / 14:29

markets Stablecoin FTX TRON Bitcoin Price Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research

In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its likelihood of slipping below $1 should be lower due to excessive reserves backing its valuation.

10.11 / 13:29

Binance FTX Crypto.com Suspends Withdrawals Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?

Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.

10.11 / 13:17

Grayscale FTX GBTC Bitcoin grayscale bitcoin trust Premium Lost Grayscale Bitcoin Trust closes with 41% premium lost amid FTX meltdown

Following the FTX bank run, which accelerated by Nov. 7, Bitcoin (BTC) price started to buckle and, at the time of writing, lost 21% in five days. Among the victims of the swift market meltdown is the world’s largest institutional Bitcoin fund, the Grayscale Bitcoin Trust (GBTC).

10.11 / 09:53

Binance solana FTX Time Solana Price Prediction as SOL Plummets 26% – Time to Buy the Dip?

Solana price prediction remains negative, having broken below all significant support levels on all timeframes. Solana has dropped by almost 26% in the last 24 hours and nearly 50% in the last seven days.

10.11 / 09:19

FTX Behind FTX's Downfall: Battle of The Billionaires And A Failed Bid To Save Crypto

Binance earlier said it decided to pull out of the deal as a result of its due diligence on FTX.

10.11 / 07:43

business Binance FTX saga FTX and Binance’s ongoing saga: Everything that’s happened until now

All dates are Coordinated Universal Time (UTC).

10.11 / 07:43

defi FTX Bitcoin Withdrawals reserves Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid the downfall of rival exchange FTX.

10.11 / 06:31

cryptocurrency Binance FTX Bitcoin Crypto markets face ‘cascade’ of margin calls from FTX crisis, says JPMorgan team

Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according to JPMorgan Chase & Co. strategists.

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

10.11 / 01:31

business Blockchain FTX reserves OKX, Kucoin say proof of reserves will be ready in a month

In the wake of the FTX liquidity crisis, two major crypto exchanges have announced that they will provide Proof of Reserves, also known as Proof of Funds (PoF) within the next month.

10.11 / 00:09

business defi FTX Alameda Research and FTX Ventures websites go dark

Websites linked to the crypto exchange FTX have been taken down on Nov. 9, following a liquidity crisis and a pending acquisition of the company by its rival Binance. Websites for Alameda Research and the company's venture capital arm FTX ventures were offline and made private, while both FTX's main site and FTX US's website remain accessible.

09.11 / 23:55

business Binance FTX centralized exchanges Binance’s victory over FTX means more users moving away from centralized exchanges

Based on the joint statements on Twitter this week from Binance CEO Changpeng “CZ” Zhao and FTX CEO Sam “SBF” Bankman-Fried, it seems clear that FTX has serious solvency problems — so dire that few in the market are willing to save it. As a result, FTX is turning to CZ as a prospective buyer.

FTX Financial News

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