49 / 58 Relevant items tagged with #FTX

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BOE’s Cunliffe says regulation can save crypto from itself and it’s worth the effort

[Nov 21, 2022 3:47 PM] Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said.

US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify

[Nov 21, 2022 3:30 PM] The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange.

The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21

[Nov 21, 2022 2:00 PM] The founder of FTX provoked the withdrawal of his legal team and now faces the possibility of extradition to the United States.

My story of telling the SEC ‘I told you so’ on FTX

[Nov 21, 2022 11:08 AM] I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after.

FTX Japan plans to resume withdrawals by 2023: Report

[Nov 21, 2022 11:01 AM] Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.

FTX showed the value of using DeFi platforms instead of gatekeepers

[Nov 21, 2022 9:42 AM] FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds.

Serum price soars 140% in one week amid FTX 'exit pump' fears

[Nov 21, 2022 9:19 AM] FTX exposure risk has not stopped Serum price from a massive rally despite major cryptocurrency exchanges delisting SRM.

CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March

[Nov 21, 2022 8:32 AM] According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive…

Major Reveals From The FTX Bankruptcy Filing, What’s The Takeaway?

[Nov 21, 2022 8:23 AM] With the FTX crypto exchange’s collapse, many events erupted in the crypto space. As a result, more of FTX’s investors and partners record massive losses with no potential recovery system. FTX filed for bankruptcy last week, but…

Ethereum Price Tumbles Down, What’s The Reason Behind The Decline?

[Nov 21, 2022 7:20 AM] The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the…

Brazilian Cryptocurrency Bill Resurfaces After General Ballot

[Nov 21, 2022 3:30 AM] The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be…

FTX-owned Liquid exchange pauses all trading after withdrawal halt

[Nov 21, 2022 3:26 AM] Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing.

GBTC next BTC price black swan? — 5 things to know in Bitcoin this week

[Nov 21, 2022 3:22 AM] Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX.

FTX hacker dumps 50,000 ETH, still among top 40 Ether holders

[Nov 21, 2022 3:19 AM] The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.

Bitcoin Struggles As More Bearish Signs Appear; Can Bulls Defend $15,500?

[Nov 21, 2022 2:58 AM]  BTC’s price lost its all-time high as price struggled to break above $17,000.   BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  BTC’s price…

Vitalik Buterin offers lessons for crypto in wake of the FTX collapse

[Nov 20, 2022 10:26 PM] Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology.

Crypto sleuth debunks 3 biggest misconceptions about the FTX hack

[Nov 20, 2022 9:00 PM] Blockchain detective ZachXBT has provided evidence refuting recent speculation about the identity of the FTX hacker and their supposed memecoin activity.

FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

[Nov 20, 2022 4:38 PM] Not much is known about who these creditors could be, as names and personal information were redacted from the published document.

Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

[Nov 20, 2022 4:30 PM] Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishing “puff pieces” about SBF and the Alameda…

FTX fiasco means coming consequences for crypto in Washington DC

[Nov 20, 2022 3:47 PM] Congress should avoid engaging in a moral panic and instead produce legislation that produces clarity for the cryptocurrency industry.

FTX funds on the move as thief converts thousands of ETH into Bitcoin

[Nov 20, 2022 11:15 AM] According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”

$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection

[Nov 20, 2022 10:30 AM] While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million worth of FTX-related bitcoins somehow…

‘FTX Accounts Drainer’ Offloads 50,000 ETH, Entity Uses Ren’s Bitcoin Gateway to Acquire BTC

[Nov 20, 2022 8:30 AM] The ethereum wallet known as the “FTX Accounts Drainer” has started to offload the ethereum it collected this past week after becoming the 27th largest ether address. On Nov. 19, 2022, the wallet held 250,735 ether, but by 7:44 a.m…

Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review

[Nov 20, 2022 6:30 AM] With the colossal collapse of crypto exchange FTX in recent weeks, excitement in the world of cryptocurrency and finance has been in no short supply. Former FTX CEO Sam Bankman-Fried’s private jet was reportedly spotted heading to Argentina…

Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme

[Nov 20, 2022 2:30 AM] Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that…

Bankrupt crypto exchange FTX begins strategic review of global assets

[Nov 20, 2022 2:00 AM] FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court's approval.

Ripple CEO Optimistic Crypto Industry Will Be Stronger After FTX Fiasco if Transparency and Trust Remain Its Focus

[Nov 19, 2022 10:30 PM] The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto industry will come out stronger after the FTX meltdown if transparency and trust remain its key focus. He stressed the importance of having “honest conversations about…

FTX collapse won't impact everyday use of crypto in Brazil: Transfero CEO

[Nov 19, 2022 10:01 PM] The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won't change its popularity as a means for cross-border transactions.

FTX illustrated why banks need to take over cryptocurrency

[Nov 19, 2022 2:05 PM] Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.

Singapore police warn investors against FTX phishing scams: Report

[Nov 19, 2022 11:00 AM] FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.