The FTX bankruptcy is a "wake up call" for crypto. Here's what to know about the exchange's downfall, and other crypto drama this year.
Crypto Traders in US Surged 149% to 2.3 Million as Pandemic Hit
Roughly 2.3 million US taxpayers told the Internal Revenue Service they traded cryptocurrencies in 2020, data from the agency show.
Tom Brady & Gisele Bündchen Have Been Sued for Defrauding Crypto Investors—Everything We Know About the FTX Collapse
If you know nothing about crypto but watched 2022’s Superbowl commercials, you might be familiar with at least the letters FTX. The company hired Curb Your Enthusiasm’s Larry David to pitch crypto to potential investors as a sort of anti-spokesperson ...
Bitcoin, Ethereum Prices Keep Slumping Amid FTX Fallout. What’s Next for the Crypto Market
For more information, see How We Make Money. Crypto was starting to catch a break — until it wasn’t. One of the largest and fastest growing crypto exchanges collapsed last week, and it’s brought crypto prices down with it, which had been recovering ...
Binance Has a Cunning Plan to Save Crypto—but It’s Too Late
Few were prepared for the dramatic collapse of crypto exchange FTX on November 11. The incident has left hundreds of thousands of customers without access to their funds, and the ripple effects have wiped billions of dollars from the market, as well as casting doubt over the integrity of other crypto companies.
Crypto Fallout Leaves US Retiree Benefits Mostly Unscathed
Most of the largest US state and local government pension funds have dodged the ongoing fallout from the collapse of crypto exchange FTX by not directly investing in digital tokens. For the pensions that have dipped into the risky asset class, the ...
Kaynes Technology IPO: GMP, review, subscription status after day 2 of bidding. Apply or not?
Giving 'subscribe' tag to the IPO, Ventura Securities says, "At the IPO price of INR 587 (upper price band), KTIL is valued at FY25 P/E of 26.1X. Considering the growth opportunities in the EMS ...
Finding Investors For A Micro-Cap IPO
When approaching a micro-cap initial public offering (IPO), getting to know your investors is sometimes overlooked entirely or left to the last days of the roadshow. Connecting directly with ...
Volkswagen in talks with pre-IPO investors for battery unit – sources
Picture taken March 1, 2019. REUTERS/Fabian Bimmer/File Photo TOKYO (Reuters) -Japanese electric motor maker Nidec Corp is planning to invest about $715 million to build a plant in Mexico to make ...
Here’s How Much $100 Invested In Bitcoin Would Be Worth If It Hits Levels Seen On Satoshi Nakamoto’s ‘Birthday’
Interestingly, according to Nakamoto's profile, he is a 47-year-old man living in Japan. However, some have argued the Bitcoin creator could be a woman. See Also: How To Buy Bitcoin (BTC) The ...
After FTX’s collapse, an SEC commissioner says crypto is worsening finance’s existing flaws, while investors look for answers on regulatory concerns
The remarks came less than a week after FTX filed for bankruptcy on Friday. Concerns about FTX's financial position, sparked by a report by the crypto publication CoinDesk, prompted customers to ...
Crypto startup Ripple is seeking a license in Ireland to drive EU expansion
In this article U.S.-based crypto company Ripple no longer derives most of its income from America and is looking to expand its reach in Europe, its top lawyer said. Speaking in an interview with CNBC ...
Man Group Readies Crypto Hedge Fund Despite FTX Chaos
Man Group Plc is close to starting a dedicated cryptocurrency hedge fund, delving deeper into a market that’s reeling from the collapse of exchange operator FTX. The world’s largest publicly-traded ...
SORACOM Applies for Listing on the Tokyo Stock Exchange
TOKYO, November 18, 2022--(BUSINESS WIRE)--KDDI CORPORATION and SORACOM, INC, a global provider of advanced IoT connectivity services, today announced that SORACOM has applied to list its shares on ...
Coinbase’s Brian Armstrong: ‘I’m just as bullish on crypto as ever’
We’ll send you a myFT Daily Digest email rounding up the latest Life & Arts news every morning. Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant in San Francisco that accepted ...
This is what kind of legal trouble FTX and Sam Bankman-Fried could now face, based on details from the crypto exchange’s latest bankruptcy filing
FTX's bankruptcy filing shed new light on potential legal trouble for the crypto exchange and its former execs. New CEO John J. Ray III delivered a blistering assessment, calling FTX's implosion "a complete failure of corporate controls." Read some of the ...