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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.

I predicted FTX's collapse a month before it happened

[Nov 19, 2022 10:37 AM] There were ample warning signs to tip investors off to problems behind the scenes at FTX.

MATIC Backpedals Into Bearish Track Despite Its Social Dominance

[Nov 19, 2022 7:32 AM] The current state of MATIC and Polygon’s crypto ecosystem ranks among the worst. It took a toll on In the wake of FTX’s demise, the industry-wide contagion has impacted other projects, Polygon among them. Despite this, Polygon is in the…

Crypto Exchange FTX Fires 3 Top Executives, Report Reveals

[Nov 19, 2022 7:00 AM] Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in…

Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?

[Nov 19, 2022 5:36 AM] The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures…

Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX 'blip'

[Nov 19, 2022 5:25 AM] Bitcoin price action since FTX "feels like the world has ended," says Stock-to-Flow creator PlanB.

This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?

[Nov 19, 2022 4:35 AM] The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward…

Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed

[Nov 19, 2022 3:30 AM] At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in…

SBF's lawyers terminate FTX representation due to conflicts of interest

[Nov 19, 2022 2:40 AM] Attorney Martin Flumenbaum believed that Sam Bankman-Fried's "incessant and disruptive tweeting" negatively impacted the reorganization efforts of the lawyers.

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

[Nov 19, 2022 2:19 AM] It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall…

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation

[Nov 19, 2022 12:54 AM] Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.

Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’

[Nov 18, 2022 9:30 PM] Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply…

FTX leadership pressed for information by US subcommittee chairman

[Nov 18, 2022 9:22 PM] A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials.

Grayscale cites security concerns for withholding on-chain proof of reserves

[Nov 18, 2022 7:41 PM] Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.

The fall of FTX and Sam Bankman-Fried might be good for crypto

[Nov 18, 2022 4:55 PM] Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values.

Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse

[Nov 18, 2022 3:45 PM] Some companies have resulted in layoffs to deal with their million-dollar losses.

FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang

[Nov 18, 2022 3:19 PM] “This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.