The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run. The exchange, formerly one of the world's largest, sought ...
Crypto Exchange FTX’s Collapse Now Being Investigated by Bahamas Police
The platform’s new chief executive, John J. Ray III, said in a statement that FTX was working with law enforcement and “making every effort to secure all assets, wherever located.” ...
FTX saga unravels more after the crypto exchange’s bankruptcy filing
Since the filing that included 135 affiliated companies, millions of dollars in crypto have been stolen from the company.
USDJPY traces firmer yields to print mild gains around 139.50, focus on G20, Japan GDP
USDJPY snaps two-day downtrend at the lowest levels since late August. Yields prints corrective pullback from monthly low but talks of Fed pivot test bond sellers. BOJ’s defense of easy-money policy, ...
Crypto.com sent $400 million to the wrong recipient, but got it back this time
While Gate.io published its asset audit snapshot on October 19th and, clarified that “Crypto.com’s deposit was not included,” Crypto.com provided partial proof of reserves o ...
Crypto Crisis: Billionaire Mark Cuban Attacks the System
The financial woes of the company, which was valued at $32 billion in February, surprised many, as the firm and its CEO and founder Sam Bankman-Fried, had emerged as the saviors of many struggling ...
Crypto Crisis: At Least $1 Billion of FTX Customers’ Money Vanishes
Fried, FTX CEO and founder, also had a secret "back door" to transfer billions, Reuters reports.The secrets of cryptocurrency exchange FTX, which filed for Chapter 11 bankruptcy on November 11, ...
Crypto.com Withdrawals Rise After CEO Admits Transaction Problem
Customers pulled funds from Crypto.com after the company’s chief executive said the cryptocurrency exchange mishandled a roughly $400 million transaction.
Beware: The companies that hold your crypto aren’t insured the way banks are
Cryptocurrencies are highly risky investments. But that risk is by no means limited to price volatility. Where you hold your crypto can also present a risk.
‘Stay Away’—Binance CEO Issues Serious Warning Over Another Crypto Exchange After FTX Collapse Crashed The Price Of Bitcoin And Ethereum
The chief executive of the world's largest bitcoin and crypto exchange Binance, Changpeng "CZ" Zhao, has said the FTX fallout could be about to hit another crypto exchange, warning of "clear sign[s] ...
Crypto.com Recovers $400 Million After Misplaced Ether Transfer
Crypto.com said it recovered almost $400 million in cryptoasset Ether from Asian exchange Gate.io, after it accidentally transferred the funds to the wrong account.
Here’s how bitcoin futures ETFs performed in a dramatic week for crypto
The ProShares Bitcoin Strategy ETF (BITO) and Short Bitcoin Strategy ETF (BITI) both saw their largest daily trading volumes on record last week.
China stepping up actions hurting Japan’s sovereignty, PM Kishida says -Jiji
China is continuously, and increasingly, taking actions that infringe on Japan's sovereignty, Prime Minister Fumio Kishida has said, Jiji Press reported on Sunday.
Big Investors Are Giving Up on Crypto Markets Going Mainstream
Institutional investors were souring on cryptocurrencies even before this week. The sudden downfall of Sam Bankman-Fried’s FTX.com may have permanently damaged their prospects of being included in ...
Opinion: No one is coming to save the crypto industry
The whole point of crypto is that it is supposed to be decentralized and transparent. Bankman-Fried's rise and fall shows how far the industry has strayed from that ideal, writes.
Some lenders in Japan lower home loan rates
Some financial institutions in Japan are lowering interest rates on their housing loans as consumers look for better deals amid rising prices.