#FTX

2 Minutes

CEX Crypto News

Binance CEO reacts to Forbes FUD by saying, “They don’t know how an exchange works.”

adeel010 February 28, 2023 0 Comment

The cryptocurrency exchange Binance recently “shuffled” funds, according to a Forbes piece that was written in the wake of the FTX collapse. However, on February 28, the day after, co-founder and CEO of Binance...

1 Minute

CEX Crypto News

SEC summons Robinhood regarding crypto listings and custody

adeel010 February 28, 2023 0 Comment

Following the FTX cryptocurrency exchange’s filing for bankruptcy protection in November, Robinhood Markets (HOOD) disclosed in its most recent 10-K filing that it had gotten an investigative subpoena from the U.S. Securities and Exchange...

2 Minutes

Bitcoin Crypto News

Study: BTC price is more connected with FTX than major events

adeel010 February 10, 2023 0 Comment

According to research, macroeconomic events like rate hikes had less of an impact on the price of Bitcoin during Q4 than the collapse of FTX and associated happenings. Sami Kassab and Chris Collar, Messari...

3 Minutes

Alt Coins Crypto News

DebtDAO will burn 18 million FTX user debt tokens.

adeel010 February 7, 2023 0 Comment

Crypto traders’ irrational enthusiasm for the recently released FTX User Debt (FUD) tokens has led to debates, massive trading volumes, erratic price swings, and the decision to permanently destroy the majority of the token...

2 Minutes

Crypto News

Google invested $300M in AI firm which link to Bankman-Fried

adeel010 February 5, 2023 0 Comment

A startup company for artificial intelligence (AI) called Anthropic received about $500 million from former FTX CEO Sam Bankman-Fried roughly six months before to FTX’s tragic collapse, according to reports of a $300 million...

1 Minute

CEX Crypto News

Bitfinex Hot Wallet Transfers $6M to Alameda Research Wallet

adeel010 February 2, 2023 0 Comment

According to Nansen data, a secret transfer of tether (USDT) worth $6 million from Bitfinex’s hot wallet occurred overnight to an Ethereum wallet that belonged to the defunct trading company Alameda Research. Additionally, the...

2 Minutes

CEX Crypto News

Turkish Units to Be Removed from Bankruptcy Case by FTX

adeel010 January 30, 2023 0 Comment

FTX claimed that Turkish authorities would be unlikely to abide by orders from American courts and that as a result. Turkish units should be excluded from the bankruptcy case’s scope. On November 11, FTX...

3 Minutes

Crypto News

Crypto will play ‘major role’ in UAE Trades: Foreign Trade Minister

adeel010 January 21, 2023 0 Comment

Thani Al-Zeyoudi, the UAE’s minister of state for foreign trade, predicts that cryptocurrency will eventually play a “major role” in the country’s international trade. In an interview with Bloomberg on January 20 in Davos,...

3 Minutes

CEX Crypto News

Genesis bankruptcy on first day, claiming $5.1 billion in liabilities

adeel010 January 20, 2023 0 Comment

According to court records signed by temporary CEO Derar Islim in November, bankrupt cryptocurrency lending company Genesis had $5.1 billion in liabilities in the weeks after its withdrawal halt. Islim gave a description of...

2 Minutes

Crypto News

CoinDesk may be up for grabs as DCG faces Financial Difficulties

adeel010 January 19, 2023 0 Comment

In order to improve its balance sheet, parent company Digital Currency Group (DCG) is said to be looking into selling cryptocurrency media outlet CoinDesk. The Wall Street Journal reports that Lazard investment bankers have...