The exchange’s swift descent into bankruptcy shocked the financial industry. FT reporters explain what went wrong, and what it all means ...
Wall Street has made serious strides to embrace crypto this year. But after FTX’s implosion, a regulatory crackdown is imminent.
From BlackRock to Apollo, the biggest names on the Street have been dabbling in crypto. FTX's implosion, however, is a huge setback for the industry.
FTX Latest: Fears of Contagion Darken the Crypto Sector Outlook
(Bloomberg) -- The crypto industry braced for more contagion from the fall of Sam Bankman-Fried’s FTX empire. The US and The Bahamas are talking about bringing him to America for questioning, people ...
Another Crypto Company Is Going Broke Because of FTX
The digital asset lender BlockFi said it had "significant exposure" to the FTX fiasco after a bailout from SBF. It's laying off staff and may go bankrupt.
FTX Collapse Comes Amid a Surge in Crypto Related Scams
Bad actors are using crypto assets to cheat consumers and you should take steps to protect yourself, according to the U.S. government.
FTX Collapse Leads the Way for New Crypto Regulations
Now, regulators may try to enact similar regulations for crypto markets in the wake of the FTX crisis. In the US, the Securities and Exchange Commission (SEC) has already hinted that the collapse may ...
Japan’s ZDF hawks cloud banking system
Japan's Zerobank Design Factory (ZDF) is set to start offering the cloud-based banking system it developed for sister company Minna Bank to the wider market. ZDF and Minna - both subsidiaries of ...
The head of the world’s largest crypto exchange says that most people shouldn’t invest right now
Binance's CZ calls on the crypto community to help 'rebuild' after FTX collapse, while advising first-time investors to stay away.
FTX Collapse Sparks Calls to Jail “Bernie Madoff of Crypto”
The cryptocurrency exchange suddenly collapsed on November 8, leaving millions of investors reeling.Sam Bankman-Fried, 30, is by far the most hated man alive today. He has been dubbed the Bernie ...
The Easy Money Era is Over and the Crypto Bubble With It
The end of easy money has ushered in a vast re-think of how people invest. The technology sector has lost the most in the shuffle, particularly web3 companies in the crypto world. And while the most ...
BlockFi is reportedly preparing for layoffs and may file for bankruptcy as FTX’s implosion weighs on the the crypto lender
The Wall Street Journal reported Tuesday that the crypto lender is preparing for a potential Chapter 11 filing of its own, days after FTX filed.
Japan’s brand enablement platform AnyMind Group files for IPO
Tokyo-headquartered AnyMind Group, running its business mainly in Japan and other Asian countries, announced on Tuessday that its IPO application to list on the Tokyo Stock Exchange had been ...
Where does the FTX debacle leave Boston’s biggest crypto company?
A bad year for crypto turned into a rout with the bankruptcy of digital FTX last week. The collapse has shaken confidence in crypto markets and sent the price of ...
Crypto Market Stabilizes as Traders Weigh FTX Meltdown Fallout
Crypto markets stabilized Tuesday as investors grow hopeful that the fallout from FTX’s insolvency might remain somewhat contained.
Democrats Took His Shady Crypto Money. Will They Keep It?
Fried’s money was already a bit of a controversial subject. Now it’s looking downright scandalous. But Democrats aren’t speaking up.
FTX-driven crypto chaos exposes weaknesses but not another 2000 dot-com debacle
The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.