Global exchange FTX filed for Chapter 11 bankruptcy, and it lost up to $2 billion in user funds. Here's what to know about how it could affect you.
FTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects: It's ensnared a number of celebrities who endorsed the now-bankrupt platform, and ...
FirstFT: ‘Unprecedented’ crypto turmoil
Genesis Trading has halted withdrawals at its lending unit as the crypto financial services group blamed the “unprecedented market turmoil” sparked by the collapse of Sam Bankman-Fried’s FTX. Genesis, ...
Lamborghini has been developing an IPO strategy ‘for a long time’
Up until a little while ago, it wasn’t so well known.” “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said.
Japan-based Softbank prepares to sell Paytm stock
Japan-based Softbank has started the process to sell a 4.5 per ... The shares will be sold at a massive discount of around 70 per cent to the Paytm IPO price, a sign of massive wealth erosion the ...
Economist Nouriel Roubini slams crypto ‘carnival barkers’ and Binance CEO as ‘a walking time bomb’ after FTX disaster
The NYU professor said recent turbulence in the crypto market showed major players in the industry needed to go, and that regulators should be wary.
The Crypto Bros Turn Against Fallen FTX Founder Bankman-Fried
The club of cryptocurrency kings has turned against its unofficial former president Sam Bankman-Fried following his downfall.
The Troubling Past of Matt Damon’s Crypto.com CEO Resurfaces
In the past few days, all eyes are on Crypto.com, one of FTX's big rivals. Uncertainties and questions surround the platform, which acquired the naming rights for the Staples Center, the arena of the ...
Changpeng ‘CZ’ Zhao won this crypto war. Is he any better than Sam Bankman-Fried?
CZ took down SBF's rotten empire and is now king of crypto. But some doubt he is the best choice to rebuild the battered industry ...
New Crypto Warning: Bankruptcy Fears Suddenly Spread After FTX Crash Wipes Billions From The Price Of Bitcoin, Ethereum And Crypto
Bitcoin, ethereum and crypto prices have tanked since the beginning of the month as the FTX collapse sparks market panic—even after Elon Musk issued a surprise crypto price prediction.
How to keep your bitcoin and other crypto safe by using cold storage
Cold storage can protect your digital assets by taking them offline and harboring your crypto in a digital wallet. Here's how to set one up.
Genesis just halted withdrawals. Could it be the next crypto catastrophe?
One of the largest institutional brokerages in the crypto space is showing symptoms of contagion after the collapse of FTX.
Crypto broker Genesis Trading halts withdrawals at lending unit
Genesis Trading, a large crypto financial services group, has halted withdrawals at its lending unit, blaming the “unprecedented market turmoil” caused by the collapse of Sam Bankman-Fried’s corporate ...
Crypto broker Genesis suspends withdrawals cites FTX fallout
Crypto broker Genesis announced to clients that it is suspending client withdrawals from its lending arm, citing "unprecedented market turmoil" following the demise of crypto exchange FTX.
FTX’s Bankman-Fried, Tom Brady and other celebrity promoters sued by crypto investors
U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including NFL quarterback Tom Brady and comedian Larry David, claiming they engaged in ...
Softbank to sell 4.5% stake in Paytm for USD 200-215 million
Japan-based Softbank has started the process to sell a 4.5 per cent stake in One97 Communications for about USD 200 million (around Rs 1,627 crore) in a block deal, according to sources. The ...