Further shaking the confidence of investors and regulators in the crypto space, the spectacular meltdown and collapse of FTX – the white knight of the space until recently – further highlights the ...
Tom Brady Likely Lost Big With FTX Crypto Collapse
The football star and fashion model Gisele Bündchen sunk an unknown amount of their own funds into FTX in exchange for FTT coin.
Binance’s rescue of FTX shows no crypto company is ‘too big to fail,’ experts say
Despite FTX being the fourth-biggest crypto exchange, the company wasn't immune from the downturn in digital assets.
The Fed’s jumbo-sized rate hikes will uncover more ‘skeletons in the closet’ for crypto after FTX’s rescue, economist says
The Federal Reserve's aggressive interest rate hikes will likely flush further "skeletons" out of crypto markets, an economist warned. The Pearson Institute for International Economics' Martin ...
Binance chief says near collapse of FTX ‘severely’ eroded confidence in crypto industry
We’ll send you a myFT Daily Digest email rounding up the latest Binance news every morning. The near collapse of FTX has “severely shaken” confidence in the crypto industry and will trigger tougher ...
Bitcoin Plummets in Another Crypto Confidence Crisis
Cryptocurrency market drops 11% in 24 hours as questions about crypto firms' solvency mount.The crypto industry is plunged into a new crisis of confidence. As cryptocurrency prices began to stabilize, ...
The Great Crypto-Cop Brain Drain
There's a little bit of a brain drain that is happening,” Gambaryan says. “There's a massive exodus of special-agent experts in the field of cryptocurrency who have left government agencies and joined ...
Disgraced Crypto Moguls Do Kwon and Su Zhu Emerge After FTX Saga
The drama unfolding in the crypto industry has lured two downtrodden scions back into the limelight. Do Kwon, the founder of collapsed stablecoin project Terra, and Su Zhu, the co-founder of bankrupt ...
Crypto Stocks In For Another Tough Day Amid FTX Crisis — Coinbase Plunges 5% Premarket
Fried’s FTX cryptocurrency exchange and its subsequent bailout by Binance brought to the fore the vulnerability of digital currencies and related instit ...
Congress unswept, crypto a mess
Running market assumptions of a Republican clean sweep of U.S. Congress in Tuesday's midterm elections appear wide of the mark so far from early results, leaving investors to ponder the implication ...
Roundup: Japan’s Nikkei ends lower ahead of U.S. inflation data, election results
Japan's benchmark Nikkei stock index ended lower Wednesday, as investors opted for profits ahead of the release of U.S. inflation data seen as a barometer for the future course of the U.S. Federal ...
Japan’s Nikkei ends lower ahead of U.S. inflation data, election results
TOKYO, Nov. 9 (Xinhua) -- Japan's benchmark Nikkei stock index ended lower Wednesday, as investors opted for profits ahead of the release of U.S. inflation data seen as a barometer for the future ...
CORRECTED-Japan’s Nikkei retreats from two-month high as Nintendo tumbles after earnings
Japan's Nikkei share average fell on Wednesday from a near two-month high hit in the last session, led by heavyweight Nintendo after it posted poor earnings, while investors also awaited U.S. consumer ...
Tom Brady and Steph Curry Among Stars Caught up in Crypto Drama
Both deals were concluded before the crypto winter, the bear market in virtual currencies that wiped out billions of dollars in valuation. FTX, which was founded in 2019 by Sam Bankman-Fried, invested ...
Japan’s Nikkei retreats from two-month high as Nintendo tumbles after earnings
Japan's Nikkei share average fell on Wednesday from a near two-month high hit in the last session, led by heavyweight Nintendo after it posted poor earnings, while investors also awaited U.S. consumer ...
Crypto Poster Boy Sam Bankman-Fried’s Meltdown
Another financial disaster is roiling the crypto markets, this time at FTX, the massive cryptocurrency exchange run by Sam Bankman-Fried, who had positioned himself as the poster boy of responsible ...