April 18th, 2025
FTX (FTT) News - Page 43
Binance, Others Halt FTT Token Deposits, Here’s Why
By Mayowa Adebajo
November 14th, 2022
About $400 million worth of FTT tokens were launched on Sunday, but there might be more to the release than meets the eye.
Kraken Freezes FTX and Associates’ Accounts to Protect Creditors
By Steve Muchoki
November 14th, 2022
Bitcoin price has dropped over 23 percent in the last seven days to trade below $16k on Monday following the FTX collapse.
FTX Exchange Files for Chapter 11 Bankruptcy in the United States
By Godfrey Benjamin
November 11th, 2022
FTX Group of companies has officially filed for Chapter 11 Bankruptcy in the United States, marking one of the darkest weeks in the history of the digital currency ecosystem.
White House Is Monitoring Current FTX Implosion
By Godfrey Benjamin
November 11th, 2022
The collapse of the FTX Derivatives Exchange has placed all regulators on the edge and White House Press Secretary Karine Jean-Pierre said the Biden administration is monitoring the development surrounding the trading platform and the broader digital currency ecosystem.
FTX Chief Faces Major SEC Probe After the Recent Market Crisis
By Bhushan Akolkar
November 11th, 2022
Following the recent liquidity crisis, SEC and the CFTC have launched an investigation into the operations of FTX US and understanding its relationship with its international entity FTX.com.
FTX US Announces Cessation of Trading Activities in Few Days, But Withdrawals Still Open
By Tolu Ajiboye
November 11th, 2022
The US arm of troubled company FTX is closing trading activities soon but still permits customers to make withdrawals.
FTX CEO Seeks Rescue Package Worth up to $9.4 Billion Amid Liquidity Crisis
By Ibukun Ogundare
November 11th, 2022
As FTX tries to survive a difficult time, CEO Sam Bankman-Fried is seeking to raise a rescue package of up to $9.4 million to help the situation.
Liquidity Crunch: Tron-based Tokens Surge as FTX Users Try Withdrawal Alternatives
By Babafemi Adebajo
November 11th, 2022
Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch.
Binance Adds Support for Debit/Credit Card Crypto Payments
By Tolu Ajiboye
November 11th, 2022
Leading exchange Binance recently announced that users can now make payments for crypto using a debit/credit card.
FTX CEO Transferred More than $4B to Prop Up Alameda Research
By Godfrey Benjamin
November 10th, 2022
The options left for FTX and Alameda Research are notably streamlined at this time. The expectation that the company’s assets outside of its US subsidiary will be acquired by Binance exchange fell apart as Binance pulled out of the deal.
Genesis Trading Reported Losses of $7M amid Market Volatility
By Bhushan Akolkar
November 10th, 2022
Amid the FTX crisis, Genesis Trading said that its management is working to effectively handle the company’s lending book and credit exposure.
Tom Brady and Gisele Bündchen Risk Losing $650M Investment in FTX Following Exchange Collapse
By Tolu Ajiboye
November 10th, 2022
NFL legend Tom Brady, and his former wife, are among several household names to lose sizable stakes following the recent FTX collapse.
Coinbase CEO: Lack of Regulatory Clarity Pushed 95% of Trading Activities Offshore
By Godfrey Benjamin
November 10th, 2022
While no particular country has gotten a perfect check when it comes to the evolution of digital currencies, some nations are arguably more advanced in terms of the regulation governing the industry than others.
Sequoia Capital Marks Down to Zero FTX Investment
By Tolu Ajiboye
November 10th, 2022
Amid the ongoing FTX financial crisis, Sequoia Capital has marked its $210 million investment with the exchange down to zero.
Justin Sun Teams Up with Distresses FTX on ‘Solution’
By Ibukun Ogundare
November 10th, 2022
Justin Sun did not state any details about the solution he is working on with FTX.