Cryptocoins News / EthereumWorldNews - 2 years ago

Sam Bankman Fried’s FTX & Alamada Empire Collapsed. How Much Did He Actually Donate To Charity In The End?

Sam Bankman Fried, the son of Two Stanford professors and the ex-CEO of FTX exchange, painted himself as the Robin Hood of crypto. SBF’s motto was effective altruism, but in the end, he did not give as much as promised to charity.FTX’s p...

Cryptocoins News / Finance Magnates - 2 years ago

FTX’s Bankruptcy: AZA Finance Denounces Listing of Its Entities in Filing

<p class="MsoNormal text-align-justify">AZA Finance, a global financial services firm, has denounced FTX’s listing of 23 of its subsidiaries in its bankruptcy protection filing made public on Friday. The foreign exchange fintech noted...

Cryptocoins News / Blockchain  - 2 years ago

Galois Capital Declares Half of its Funds is Stuck with FTX

Galois Capital has revealed it has significant exposure to the bankrupt FTX (Read More)

Cryptocoins News / Blockchain  - 2 years ago

Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown

Elon Musk said he did not believe FTX's former CEO, Sam Bankman-Fried did not have the capacity to invest in Twitter (Read More)

Cryptocoins News / Blockchain  - 2 years ago

Binance CEO Says the Industry has been Setback a Few Years With FTX Saga

The collapse of FTX, according to Binance CEO, Changpeng Zhao has set the industry back by a few years (Read More)

Cryptocoins News / Blockchain  - 2 years ago

FTX Officials Says the Exchange Has Been Compromised by Hackers

Despite being the most embattled exchange, FTX has suffered a multi-million cyberattack (Read More)

Bitcoin News / Google News Bitcoin - 2 years ago

Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis - Cointelegraph

Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis& & Cointelegraph

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis

There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience. Bitcoin (BTC) will recover from the FTX “black swan event” just l...

Cryptocoins Exchanges / Binance - 2 years ago

Bitcoin (BTC) Price Plummets Further as FTX’s Solvency Woes

submitted by /u/FeliceHargrove [link] [comments]

Bitcoin News / Bitcoin.com - 2 years ago

Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues

In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum als...

Bitcoin News / Bitcoin.com - 2 years ago

FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain

Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he was...

Cryptocoins Exchanges / Binance - 2 years ago

Binance CEO expects extra regulatory scrutiny following FTX implosion

submitted by /u/Robert-Kenneth508 [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance CEO CZ on FTX crash: “We’ve been set back a few years”

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a l...

by COINS NEWS - 2 years ago

Sam Bankman-Fried set up a backdoor in FTX's book-keeping system - Reuters

In a subsequent examination, FTX legal and finance teams also learned that Bankman-Fried implemented what the two people described as a "backdoor" in FTX's book-keeping system, which was built using bespoke software. They said the &quo...

More / Bitcoin Reddit - 2 years ago

I actually think this whole Ftx thing will be positive for the crypto market long term.. Many more people will start to self custody pushing the price of Bitcoin and others higher higher.

submitted by /u/Crypto-hercules [link] [comments]

by COINS NEWS - 2 years ago

Over $400 Million Drained From FTX Account Hours After Declaring Bankruptcy

submitted by /u/gogoman [link] [comments]

More / Bitcoin Reddit - 2 years ago

When authorities show up at the FTX Bahamas office

submitted by /u/Former-Dragonfruit41 [link] [comments]

by COINS NEWS - 2 years ago

Solana DeFi Is In Huge Trouble. Wrapped Solana Assets, Specifically ‘Sollet’ Were Created and Redeemed Through FTX. Likely All Are Worthless and Unbacked

Solana defi is mostly frozen right now. All lending and other protocols are frozen, the only protocols working are DEXs. Sollet wrapped assets were issued and redeemed by FTX and they have nothing left to back those assets. All of these lenders, dex...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Tether blacklists $31.4M USDT following FTX's alleged hack, Musk reacts

Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX devel...

Cryptocoins News / Finance Magnates - 2 years ago

FTX Hacked: $1bn Drained from FTX and FTX US Accounts So Far

<p>The FTX drama continues.</p><p>Just hours after <a href="https://www.financemagnates.com/cryptocurrency/troubled-ftx-files-for-bankruptcy-as-ceo-bankman-fried-resigns/" target="_blank">FTX crypto exchang...

Cryptocoins News / Finance Magnates - 2 years ago

Breaking: FTX Hacked: $1bn Drained from FTX and FTX US Accounts So Far

<p>The FTX drama continues.</p><p>Just hours after <a href="https://www.financemagnates.com/cryptocurrency/troubled-ftx-files-for-bankruptcy-as-ceo-bankman-fried-resigns/" target="_blank">FTX crypto exchang...

by COINS NEWS - 2 years ago

FTX CTO Garry Wang had 19 contributions(his most in a year) yesterday and 5 today in a private Github Repo

If this is an insider job I'd say all signs are pointing at Garry right now. This many contributions at a point where his "product" is seemingly dead followed by app and website hacks draining all funds is pretty suspect. It does seem l...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence....

by COINS NEWS - 2 years ago

WARNING: FTX has been hacked and all apps are malware. Uninstall immediately.

Just as you thought the FTX saga couldn't get any worse, think again. FTX and FTX US have just been 'hacked' for around $500m and rising: https://app.zerion.io/0x59abf3837fa962d6853b4cc0a19513aa031fd32b/overview/wallet This was almo...

by COINS NEWS - 2 years ago

FTX Site Is Shutting Down. Keep All Your Records for Proof of Claim.

WARNING: DO NOT USE FTX SITE/APP RIGHT NOW TLDR: Save all your transactions, emails, screenshots about your account. You will need them to file a Proof of Claim for Chapter 11. The FTX site is not working anymore. All the balances, trading, portfolio...