Cryptocoins News / EthereumWorldNews - 2 years ago
FTX hacker reportedly swapped around $50M of $Dai to $Ethereum in a state of “panic” according to intelligence firm Arkham.It is rumored that this hack is an inside job, with Kraken CEO Nick Percoco confirming that they know the identity...
Bitcoin News / Bitcoin.com - 2 years ago
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detai...
Cryptocoins News / CoinJournal - 2 years ago
FTX collapsed last week, and that has left many investors scrambling for alternatives. eToro provides a reliable alternative for people looking to use secure trading platforms.
FTX, one of the leading crypto exchanges in the world, collapsed last wee...
Bitcoin News / Bitcoin Magazine - 2 years ago
The reality of the situation in “crypto” is people have discovered a way to recreate the corruption that exists in the incumbent financial system.The below is a direct excerpt of Marty’s Bent Issue #1282: “The personification of dir...
Cryptocoins News / The Cointelegraph - 2 years ago
The Securities Commission of the Bahamas said it had to act “given the magnitude, urgency, and international implications of the unfolding events with regard to FTX.”...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of the crypto exchange FTX continues to wreak havoc across the industry, new companies are filing for bankruptcy as contagion spreads. Liquid Global, a crypto trading venue acquired by the failed exchange, halted operations due to recent...
Bitcoin News / Bitcoin Magazine - 2 years ago
An open letter to friends and family who are worried about the future of bitcoin due to the fiat business practices and subsequent collapse of FTX.This is an opinion editorial by Heather Everdeen, a mother, Bitcoiner and lifelong learner.Dear Friends...
Bitcoin News / Bitcoin.com - 2 years ago
According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of the $1 billion that had been sent to FTX when the crypto exchange collapsed. However, he acknowledged that at the time of FTX’s collapse, Crypto.com’s expo...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
People close to the matter said that Bankman-Fried and some FTX employees spent the weekend calling investors.SBF hopes to raise capital to make customers whole after allegedly using customer funds to prop up Alameda, Bankman-Fried’...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms. As the FTX collapse continues to cause turmoil in the crypto industry, v...
Cryptocoins News / The Cointelegraph - 2 years ago
Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022. The Japanese cryptocurrency exchange...
Cryptocoins News / The Cointelegraph - 2 years ago
In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than the 100,000 initially estimated. The FTX liquidati...
Cryptocoins News / NewsBTC - 2 years ago
Last Friday, the FTX drama took a new turn when it became known that some of the remaining customer funds were stolen by a hacker. According to current knowledge, it must have been an inexperienced insider who gained access to FTX’s wallets.
Ha...
Bitcoin News / Bitcoinist - 2 years ago
The FTX catastrophe has been disrupting the whole cryptocurrency industry and triggered new legislative processes in many countries like Indonesia. According to many experts, it could just be the beginning.
After filing for insolvency on Friday alon...
by COINS NEWS - 2 years ago
Liquid Exchage, a licensed Japanese exchange acquired by FTX, has announced that it will stop any withdrawals, including fiat and cryptocurrencies. As per their tweet "Due to the Chapter 11 filing by FTX Trading International the ultimate benefi...
Cryptocoins News / The Cointelegraph - 2 years ago
An exodus from centralized cryptocurrency exchanges after FTX’s collapse appears to be the primary reason behind Trust Wallet Token’s massive rally. Trust Wallet Toke...