April 18th, 2025
FTX (FTT) News - Page 12
FTX Exchange Restructuring Plan Narrows Down to Three Investors Led by Former NYSE President Tom Farley
By Steve Muchoki
November 9th, 2023
After FTX scrutinized 75 bidders that were interested in restarting the distressed cryptocurrency exchange, only three firms, including Bullish, Figure Technologies, and Proof Group, have been chosen.
Custodia Bank Launches Segregated Bitcoin Custody Platform
By Mercy Tukiya Mutanya
November 8th, 2023
The bank provides segregated accounts, which, it asserts, offer better customer protections when compared to the standard omnibus accounts.
Perella Weinberg Partners: FTX Restructuring Process Narrows Down to Three Shortlisted Investors
By Steve Muchoki
November 7th, 2023
Part of the shortlisted investors that want to relaunch FTX includes Proof Group.
UK Government Publishes Regulatory Framework for Crypto Assets and Stablecoins to Prevent FTX 2.0
By Steve Muchoki
November 6th, 2023
Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption.
FTX Seeks Approval to Sell Grayscale and Bitwise Trust Assets Valued at $744M
By Godfrey Benjamin
November 6th, 2023
In addition to utilizing an investment adviser, the debtors have proposed the formation of a pricing committee composed of all stakeholders.
FTX Claim Pricing Jumps by 57% after SBF Convicted of Seven Criminal Charges
By Bhushan Akolkar
November 3rd, 2023
An upswing in a claim’s valuation signals an increase in the anticipated recovery worth. SBF’s inner circle – Caroline Ellison, Gary Wang, and Nishad Singh – might have to pay heavy penalties.
Matrixport Analysts Expect Bitcoin Price to Rally Another 65% to $56K by EOY
By Steve Muchoki
November 3rd, 2023
Having maintained a bullish outlook YTD, Bitcoin price is very likely to continue in the same momentum in the next eight weeks based on historical trends studied by Matrixport.
Solana (SOL) Price Soars Over 50% in Couple of Days in Spectacular Rally
By Godfrey Benjamin
November 2nd, 2023
Short-term prediction for SOL indicates that the bullish trend for Solana is expected to continue in the short term.
FTX and Alameda Research Moves $13.1M in Crypto to Other Exchanges
By Chimamanda U. Martha
November 1st, 2023
The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.
Sam Bankman-Fried’s Trial: 12 Jurors to Decide Former CEO’s Fate as Closing Arguments Begin
By Mayowa Adebajo
November 1st, 2023
SBF faces a potential life imprisonment if found guilty, however, he pleaded not guilty to all the charges.
Market-Making Firms Looking to Provide Liquidity for BlackRock’s Bitcoin ETF
By Godfrey Benjamin
November 1st, 2023
Market makers, crucial components of ETF ecosystems, are responsible for the creation and redemption of new ETF shares, ensuring that the ETF’s market price remains in line with the underlying assets it represents.
Is Crypto Winter Really Over?
By Steve Muchoki
October 31st, 2023
After Bitcoin price closed above $32k last week, the macro bullish outlook was confirmed amid heightened institutional demand.
Sam Bankman-Fried Blames Ex-Girlfriend Caroline Ellison for Downfall of FTX
By Chimamanda U. Martha
October 31st, 2023
According to SBF, Ellison’s failure to hedge Alameda’s financial positions was a major contributing factor in the FTX’s financial troubles.
Sam Bankman-Fried and His Testimony in Criminal Trial
By Babafemi Adebajo
October 30th, 2023
SBF began his official testimony in the case against him on October 27.
Changpeng Zhao Loses Another $12B of His Fortune amid Regulatory Scrutiny
By Mayowa Adebajo
October 27th, 2023
Zhao’s woes and those that are related to his exchange have been largely a result of the ongoing lawsuits against them.