April 18th, 2025
FTX (FTT) News - Page 40
Fresh Report Names Top 3 Countries Affected by FTX Collapse, but There’s Catch
By Mayowa Adebajo
November 21st, 2022
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse.
Binance Labs Invests in Self-Custody Crypto Startup NGRAVE
By Godfrey Benjamin
November 21st, 2022
The solutions introduced by NGRAVE are indirectly going to aid the swift adoption of blockchain technology and also foster a more decentralized crypto custody habit among users.
FTX to Sell or Restructure Global Empire, According to CEO
By Tolu Ajiboye
November 21st, 2022
Following its epic collapse, FTX now looks to restructure or sell out to the highest bidder amid investigations and bankruptcy filings.
Buterin: How to Make CEX Safer Using Cryptography
By Babafemi Adebajo
November 21st, 2022
Buterin suggests using cryptographic proofs to show there are enough funds at all times on change to cover any liabilities to users.
Billionaire Investor Bill Ackman Has High Hope for Crypto
By Sanaa Sharma
November 21st, 2022
According to Ackman, there are some issues with crypto like unethical promoters being able to produce tokens to allow pump-and-dump strategies.
US SEC Seeks to Stop American CryptoFed from Registering Algorithmic Stablecoin and Stabilizing Asset
By Steve Muchoki
November 21st, 2022
The American CryptoFed DAO is said to have failed to thoroughly inform the SEC about its business, management, and financial condition.
Hacker Converts Thousands of Stolen FTX Funds from Ether to Bitcoin, Causing ETH Price to Fall
By Mayowa Adebajo
November 21st, 2022
Funds stolen from FTX exchange are being converted and exchanges have been warned to keep their eyes peeled.
FTX Owes Over $3.1 Billion to Top 50 Creditors
By Bhushan Akolkar
November 21st, 2022
As per the recent filing submitted by FTX in its bankruptcy proceedings, the crypto exchange owes a massive $1.45 billion only to its top ten creditors.
Hong Kong-Based Genesis Block Halts Trading, Here’s Why
By Mayowa Adebajo
November 18th, 2022
Genesis Block may have been winding down its services all year long, but the recent FTX crash has now caused it to stop trading.
Two US Senators from Democratic Party Demand Probe of FTX
By Bhushan Akolkar
November 18th, 2022
The Senators said that the public owes complete transparency of the financial activities that led to the collapse of FTX.
Multicoin Capital Says FTX Will Not Be End of Crypto
By Godfrey Benjamin
November 18th, 2022
As far as the crypto industry is concerned, Multicoin Capital said it does not believe FTX will be the downfall of the industry.
Bahamian Securities Regulator Confirms Ordering Transfer of FTX Funds
By Sanaa Sharma
November 18th, 2022
On November 15, FTX filed for bankruptcy in a court in New York to pursue US acknowledgment of the Bahamian liquidation processes.
UK Lawmakers Still Concerned about Possible Role of Binance in FTX Collapse
By Mayowa Adebajo
November 18th, 2022
The alleged lack of transparency from Binance in the investigation is poised to influence upcoming UK crypto regulations.
FTX Bankruptcy Case: FTX Appoints Kroll to Track Claims
By Babafemi Adebajo
November 18th, 2022
Meanwhile, Bahamian liquidators have challenged the legality of FTX to apply for Chapter 11 bankruptcy in Delaware.
Binance Looking to Make Cross-Market Bids for Distressed Firms
By Godfrey Benjamin
November 17th, 2022
Binance is also looking at acquiring the Genesis Trading loan book, which may come off as a major relief to the company’s parent firm, Digital Currency Group (DCG).