And now, after a couple hours of due diligence, it’s looking like no deal. What’s on those books? Binance is the biggest crypto exchange and FTX is the third-largest, so that combo would be real ...
Crypto crash and gold sell-off show there’s no place for investors to hide
The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and ...
AP source; US authorities investigate crypto exchange FTX
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and ...
FTX crypto ETPs suffer precipitous falls
The VanEck FTX Token exchange traded note , the 21Shares FTX Token ETP and the CoinShares FTX Physical FTX Token ETP had combined assets of €27.7mn as of October 31, according t ...
Crypto’s future may be divided, not dead
It also means customers may not recoup their funds. Hence the panic, given the lack of any investor safety net — or lender of last resort — in crypto land. In theory, these problems could be fixed if ...
FTX Japan Ordered by Regulator to Suspend Operations Following Withdrawal Halt
The regulator wants FTX Japan to halt the crypto asset exchange business and stop accepting new customers until Dec. 9, 2022 effective immediately, the order said. The order comes as Sam Bankman-Fried ...
Live news updates: Investors pull $700mn from Tether amid crypto market jitters
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 ...
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.