FTX chief Sam Bankman-Fried has apologised for the crisis at his crypto exchange and sister trading firm Alameda Research. In a series of tweets published on Thursday, Bankman-Fried said: “I’m sorry.
Regulators punishing crypto firms for FTX’s meltdown ‘makes no sense’ since most trading activity is offshore, Coinbase CEO says
"Punishing US companies for this makes no sense," Coinbase's CEO said, as FTX's blow-up prompts calls for more aggressive regulation of crypto.
Why Is Crypto Crashing? The FTX Saga Explained
After announcing a rescue acquisition of FTX, Binance has pulled out of the deal citing concerns about their business practices and ongoing investigations from US regulators.
What happened to FTX and could the crisis spill over to the rest of crypto?
International exchange for crypto assets is effectively unregulated – and may have been built on sand ...
SEC Chair Gensler slams “non-compliant” crypto industry amid FTX turmoil- CNBC
Crypto investors need better protection in a space that is "significantly non-compliant" despite clear regulations, U.S. Securities and Exchange Commission Chair Gary Gensler said in an interview to ...
Analysis: FTX debacle sparks investor rethink of battered crypto market
With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a sector already bruised by the bitcoin bubble bursting and closures of key ...
‘Beware’ Of Crypto Investing Or Risk Ending Up In Bankruptcy Court, SEC Chair Warns
Individuals awaiting the fulfillment of their withdrawal requests from FTX are in jeopardy of never seeing their holdings again if the exchange doesn’t find a new partner to save it from apparent ...
The sudden decline of one of the largest crypto exchanges could rattle the sports industry
The near collapse this week of FTX, one of the largest cryptocurrency exchanges, has sent shockwaves throughout the crypto startup and investment community. But the fallout could also spread to the ...
Here’s what Wall Street expects from Yokohama Rubber’s earnings
Yokohama Rubber will release earnings for the most recent quarter. Wall Street analysts expect Yokohama Rubber will release earnings per share of ¥35.50. Watch Yokohama Rubber stock price in real-time ... ( read original story ...)
Crypto markets slump as FTX seeks to raise new funds
By Georgina Lee and Tom Westbrook HONG KONG/SINGAPORE (Reuters) -Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin hovering near a two-year low as investors fretted about the ...
This Billion-Dollar Crypto Collective Is Tearing Itself Apart
One of the world’s biggest crypto groups just voted to back its enigmatic founder. The only problem is, no one understands his plan.
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Our call of the day from Stock Traders Daily and portfolio manager at Equity Logic, Thomas H. Kee Jr., links up the latest crypto selloff and selling of ...
Crypto Firm Plans First Buyback in Three Years as Shares Plunge
A Japanese crypto-exchange operator announced its first stock buyback in over three years after a selloff of its shares amid ongoing turmoil in the digital-currency market.
Crypto whizkid Justin Sun says he’s working with FTX to find a ‘solution’ after Binance dumped its rescue deal
Justin Sun, the crypto whizkid behind Tron, has said he's working with FTX to find a "solution" to troubles at the exchange, which is on the brink of collapse. The move comes after Binance walked away ...
Bank of America downgrades Silvergate as latest crypto shakeup gives market a ‘black eye’
The latest crypto turmoil could hurt Silvergate Capital as investors lose confidence in the bank's chances of getting a stablecoin approved, BofA said.
Crypto giant Binance drops bid to save rival, stoking chaos in digital assets
In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX, saying the company's problems were "beyond our control or ability to help." ...