Lessons we learned from the Terraform-FTX implosions
[Dec 9, 2022 6:28 PM] The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom.
43 / 57 Relevant items tagged with #Ftx
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Who’s expected to testify before Congressional hearings on FTX?
[Dec 9, 2022 3:30 PM] FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify.
Crypto News Outlet The Block Was Secretly Funded By Alameda Research
[Dec 9, 2022 1:45 PM] The news outlet has confirmed that The Block’s CEO received undisclosed funding from Sam Bankman-Fried’s hedge fund.Cryptocurrency news outlet The Block’s CEO has stepped down following revelations of undisclosed loans from disgraced FTX CEO Sam…
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
[Dec 9, 2022 1:00 PM] The new disclosure page allows skeptical users to self-verify that their assets are included in the report.
CZ and SBF duke it out on Twitter over failed FTX/Binance deal
[Dec 9, 2022 9:37 AM] The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.
Amber Group ditches expansion plans after denying insolvency: Report
[Dec 9, 2022 8:30 AM] Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.
SBF 'willing' to testify at Senate hearing on the FTX collapse
[Dec 9, 2022 7:51 AM] Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX.
Latest Ethereum Short Price Rally – Courtesy Of Whale Activities?
[Dec 9, 2022 6:41 AM] Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset will rise above the resistance level in the…
FTX reportedly gets 3 more months to stop all operations in Japan
[Dec 9, 2022 3:40 AM] Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors.
Kevin O'Leary lost the $15M he was paid to be FTX's spokesperson
[Dec 9, 2022 12:45 AM] Kevin O’Leary fessed up to making a massive mistake with FTX, and is working to find out where his money went amid the bankruptcy.
Sam Bankman-Fried misses deadline to respond to testimony request, now what?
[Dec 8, 2022 9:49 PM] The Senate banking committee set a deadline for Sam Bankman-Fried to respond to the request on Dec. 8 at 5pm ET.
US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research
[Dec 8, 2022 8:30 PM] Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for…
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
[Dec 8, 2022 4:30 PM] On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the…
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
[Dec 8, 2022 9:30 AM] Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the…
The all-in-one approach at the foundation of next gen crypto investment platforms
[Dec 8, 2022 5:00 AM] ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right.
FTX hires forensics team to find customers’ missing billions: Report
[Dec 7, 2022 8:40 PM] Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.
Just 8% of Americans have a positive view of crypto: CNBC survey
[Dec 7, 2022 8:10 PM] CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX.
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
[Dec 7, 2022 1:00 PM] Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
[Dec 7, 2022 12:30 PM] Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX.
Security in crypto comes from liquidity or the lessons we learned after FTX
[Dec 7, 2022 9:00 AM] Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions.
Up Or Down? What To Expect From Solana (SOL) In The Homestretch Of 2022
[Dec 7, 2022 3:00 AM] Solana is among the hardest hit by the demise of FTX, as the two companies have collaborated to establish Serum, a decentralized derivatives market. This led to Solana being closely associated with the Sam Bankman-Fried crypto exchange, with more…
This Report Suggests Crypto Sector Bearing A Final Flush-Out
[Dec 6, 2022 4:37 PM] The crypto market is currently undergoing a series of unfortunate events. From the crash of stablecoin Terra to the fall of Celsius, it has been a gloomy year for crypto investors. More recently, the capitulation of the Bankman-Fried-led popular…
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
[Dec 6, 2022 3:59 PM] Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
Cryptocurrency has become a playground for fraudsters
[Dec 6, 2022 3:43 PM] Currency speculation was once the preserve of banking institutions, governments, and investment funds. But with cryptocurrency, it's being sold to the public as casino entertainment.
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time
[Dec 6, 2022 12:30 PM] Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to…
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
[Dec 6, 2022 12:30 PM] Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
Kevin O’Leary defends SBF, says FTX should be audited
[Dec 6, 2022 11:45 AM] O’Leary said that the truth about FTX can be discovered thanks to the unique nature of blockchain technology.
US lawmakers request answers from Silvergate over ties to FTX: Report
[Dec 6, 2022 9:46 AM] Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
Ethereum 'March 2020' fractal hints at price bottom — But ETH bears predict 50% crash
[Dec 6, 2022 9:44 AM] Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700.
Michael Saylor on the FTX fiasco: 'Unethical and illegal from the very beginning'
[Dec 6, 2022 5:31 AM] Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire.