April 18th, 2025
FTX (FTT) News - Page 35
Major NFTs See Sales Surge While ETH Remains Unchanged amid Crypto Winter
By Tolu Ajiboye
December 12th, 2022
Several major NFTs saw a surge in sales and transaction volumes yesterday, with at least one climbing over 1000%.
New Report Shows SBF Wanted to Take Down Crypto Market Before Filing for Bankruptcy Protection
By Steve Muchoki
December 12th, 2022
SBF attempted to depeg the largest stablecoin by daily traded volume, Tether USDT, before filing for bankruptcy protection.
Amber Group Terminates Sponsorship Deal with Chelsea FC, Lays Off 40% Staff
By Tolu Ajiboye
December 9th, 2022
Amber Group has halted its sponsorship deal with Chelsea and is looking to downsize its workforce as the crypto winter bites hard.
Sam Bankman-Fried Dares Senate Committee, Misses Deadline to Respond to Testimony Request
By Mayowa Adebajo
December 9th, 2022
Former FTX CEO Sam Bankman-Fried faces a possible congressional subpoena after failing to respond to a Senate Committee request on the December 8 deadline.
Kevin O’Leary Discloses He Lost His $15M that FTX Paid Him as Spokesman
By Tolu Ajiboye
December 9th, 2022
One of the celebrities commissioned by FTX at the time to act as a spokesman has stated that he lost his $15 million fee.
Marathon Digital Looking to Place Bid for Compute North
By Godfrey Benjamin
December 8th, 2022
Compute North, prior to its bankruptcy, served as the biggest hosting provider that Marathon Digital partnered with.
Coinbase CEO Brian Armstrong Confirms Almost 60% Drop in Revenue in 2022
By Mayowa Adebajo
December 8th, 2022
Coinbase’s annual revenue is currently down by almost 60% from last year’s and is estimated to be around $3.2 billion.
FTX Nearly Signed $100M Deal with Taylor Swift before Crash
By Ibukun Ogundare
December 8th, 2022
The FTX CEO went forward with negotiating with Taylor Swift, and both parties almost closed the deal to pay the celebrity $100 million.
Canadian Pension Fund Pulls Back from Crypto Investment
By Babafemi Adebajo
December 8th, 2022
The refusal to pursue crypto investment may underline a wider trend of investors withdrawing from the sector.
CEO: Robinhood Gaining Crypto Market Share
By Babafemi Adebajo
December 8th, 2022
With Robinhood’s self-custodial wallet in beta testing since September, the company is poised to gain a bigger market share.
US Prosecutors Arrest Blockparty Co-Founder for Wire Fraud
By Ibukun Ogundare
December 8th, 2022
The Blockparty co-founder executed the fraud while he was the CTO between December 2017 and September 2019.
Blockstream Recorded About 70% Valuation Cut Following New Fundraise
By Godfrey Benjamin
December 7th, 2022
Adam Back did not comment on the exact size of the offering and who the top backers are this time. However, he made it clear that the funds will be used to expand the company’s mining capabilities.
Kevin O’Leary Backs SBF’s Claims of Innocence, Calls for FTX to Be Audited
By Mayowa Adebajo
December 7th, 2022
O’Leary says no one should be accused yet until pieces of evidence reveal the real truth about FTX.
Celsius Network Secures Approval for Extension of Its Exclusive Period
By Godfrey Benjamin
December 6th, 2022
The company now intends to use the extended time to keep strategizing on how to put this entire menace behind it.
Sam Bankman-Fried Says New FTX CEO John Ray’s Testimony Is False
By Tolu Ajiboye
December 6th, 2022
Embattled former CEO SBF recently stated that John Ray’s testimony on FTX and its operational affairs is false.