Results for "ftx"
Cardano may rally; FTX Token and Borroe Finance register gains
Borroe Finance is on focus amid the broader crypto market recovery. Cardano and FTX Token are edging higher despite Binance’s woes
FSB points out shortcomings in multi-functional crypto-asset intermediaries highlighted by FTX collapse
The Financial Stability Board has released a report highlighting the need for additional regulations in the crypto industry, particularly in the wake of the FTX collapse, to mitigate risks similar to those in traditional finance.
SEC continues probe into Binance.US for potential fraud similar to FTX case
The U.S. Securities and Exchange Commission (SEC) continues its investigation to uncover proof that Binance.US may have had a backdoor mechanism akin to FTX’s, allowing potential control over customer assets. According to a Nov. 27 report, the SEC is intensifying…
Australian crypto exchange Swyftx taps TRM Labs to combat fraudsters
As crypto losses keep surging, Australian crypto exchange Swyftx tapped TRM Labs to clamp down on scammers. Australian cryptocurrency exchange Swyftx has signed a collaboration agreement with TRM Labs, a blockchain forensic firm, in a bid to clamp down on…
FTX token FTT reaches $3.63, trading volume skyrockets
The FTX token witnessed a significant surge over the past day despite the market’s U-turn after the largest exchange by trading volume Binance faces criminal charges. FTT is up by 18% in the past 24 hours and is trading at…
FTX-backed Anthropic’s CEO turns down OpenAI’s merger proposal
Dario Amodei, CEO and co-founder of Anthropic, an AI company backed by FTX, has reportedly declined a merger offer from OpenAI’s board of directors. This latest development follows the recent dismissal of OpenAI’s CEO, Sam Altman, on Nov. 17. Anthropic’s…
FTX token rises sharply on hopes of exchange’s rebirth
FTX Token has mysteriously pumped 176% this week as speculation swirls that the collapsed crypto exchange could relaunch under new owners.
FTX and Alameda transferred $24m in crypto Kraken and OKX
Firms from Sam Bankman-Fried’s bankrupt empire, FTX and Alameda Research, reportedly transferred $24 million worth of crypto assets to the Kraken and OKX crypto exchanges. FTX‘s strategy to convert digital assets into cash was another attempt to stabilize its financial…
Ex-FTX Foundation employee pursues unpaid $275k bonus
Ross Rheingans-Yoo, an FTX charity wing employee recruited by co-founder Sam Bankman-Fried, is seeking the remaining $275,000 of his alleged 2022 salary bonus. The attorneys for Ross Rheingans-Yoo stated in a legal document filed on Nov. 13 that FTX had…
Crypto market trends: investors exploring Celestia, VC Spectra, and FTX Token
While Celestia (TIA) is a newly launched token, VC Spectra (SPCT) has already made a mark with its presale strategy. Meanwhile, FTT remains resilient
Former FTX execs launch exchange in wake of fraud scandal
Can Sun, the former general counsel for FTX and a key witness in the trial of Sam Bankman-Fried, is behind a new venture called Backpack.
Solana gains over 175% despite ongoing FTX troubles
The recent crypto market upturn has not only propelled Bitcoin (BTC) to an 18-month high but also triggered massive gains for Solana (SOL), effectively pushing it over the $20 billion market cap milestone.
FTX sues Bybit to recover $953m in assets
Lodged in a Delaware court on Nov. 10, the lawsuit mentions Bybit Fintech and its investment division, Mirana, as well as a related crypto trading firm called Time Research.
The fall of FTX: A tale of hubris in the crypto world | Opinion
As the crypto space continues to evolve, it is imperative that we learn from the mistakes of FTX and strive for a more responsible and sustainable approach to innovation.
FTX token and other Sam Coins surge after Bankman-fried’s conviction
Altcoins linked to Sam Bankman-Fried see a significant surge, as the FTX token soared over 200% in a week.
ETH spot volumes at highest level since FTX collapse
According to a post from Kaiko, a leading source of cryptocurrency market data, analytics, indices, and research, dated Nov. 10 on X, spot volumes are on a positive uptrend.
Gensler’s nod to FTX revival sparks market frenzy
SEC chair Gary Gensler is open to the idea of FTX’s revival, provided its new management operates within legal parameters. This openness from Gensler came to light following revelations that Tom Farley, ex-president of the New York Stock Exchange, might…
Ex-NYSE chief leads in FTX’s revival bid
Former NYSE President’s firm competes with two others to acquire and relaunch FTX.
