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Binance to Remove Trading Pairs for FTX Token—Except With Stablecoin BUSD

November 14, 2022 by

Alongside shuttering FTT trading pairs with Bitcoin and Ethereum, Binance is also closing off the ability to short FTX’s token.

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Congressman Brad Sherman Takes Aim at ‘Billionaire Crypto Bros’ for Slowing Regulation

November 14, 2022 by

The California-based accountant turned politician Brad Sherman has intensified his crypto criticism amid the recent market turmoil.

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Trust Wallet Token Soars 47% as Binance CEO Shills Self-Custody Solution

November 14, 2022 by

Amid FTX Exchange’s collapse, the token powering self-custody crypto wallet Trust Wallet has soared as users flee exchanges.

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Binance CEO Announces ‘Industry Recovery Fund’ Amid FTX Exchange Collapse

November 14, 2022 by

The world’s largest crypto exchange Binance is forming an “industry recovery fund” to help projects overcome possible liquidity crises.

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Non-Custodial vs Custodial Wallets: What’s the Difference?

November 14, 2022 by

Custodial wallets are considered a low-entry barrier for those new to the crypto space since they are easy to use and can be accessed from any device with an internet connection. However, security is a major concern.

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FTX Crisis Is the Hottest Topic at the Biggest Bitcoin Conference in Latin America

November 14, 2022 by

The collapse of Sam Bankman-Fried’s empire was the talk of the town at this year’s LaBitConf in Buenos Aires.

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Chorus of Lawmakers Collectively Call for Crypto Controls in FTX Fallout

November 13, 2022 by

Lawmakers sounded off on the need for better investor protections after a chaotic week.

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This Week on Crypto Twitter: FTX’s Collapse as It Happened, in Tweets

November 13, 2022 by

The entire market crashed this week as one of the industry’s biggest players watched their empire totally evaporate in five days flat.

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Bahamas Police Are Investigating Potential ‘Criminal Misconduct’ by FTX

November 13, 2022 by

The Royal Bahamas Police Force is “working closely with the Bahamas Securities Commission to investigate if any criminal misconduct occurred.”

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Crypto.com Accidentally Sent $400M in Ethereum to Wrong Address, CEO Calls Concerns ‘FUD’

November 13, 2022 by

Crypto.com’s $400 million mishap is raising doubts over the exchange’s recent efforts at transparency following FTX’s collapse.

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What Makes a Shitcoin ‘Shit’? Major Figures in Crypto Disagree

November 12, 2022 by

If you’re not sure what differentiates a “shitcoin” from an altcoin, don’t worry: some of the industry’s biggest names at LaBitConf aren’t either.

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This Week in Coins: FTX Goes Broke, Bitcoin Falls to Two-Year Low

November 12, 2022 by

The crypto industry bore witness to one of the most sudden and devastating contractions of wealth in financial history.

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Hundreds of Millions of Dollars Drained From FTX Overnight in ‘Unauthorized’ Transfers

November 12, 2022 by

Several wallets belonging to FTX were rapidly drained before midnight. An FTX Telegram admin called it a hack and warned users not to visit the site.

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Elon Musk: Sam Bankman-Fried ‘Set Off My BS Detector’ When He Approached About Twitter Investment

November 12, 2022 by

When SBF approached Musk about investing in his Twitter bid, Musk asked his banker Michael Grimes, “Does Sam actually have $3B liquid?”

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‘Like a 1930s Dictator’: Vitalik Buterin Lays Into Sam Bankman-Fried and FTX

November 11, 2022 by

FTX’s ignominious collapse was inevitable, Ethereum co-founder Vitalik Buterin said at LaBitConf Friday.

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Crypto.com Holds 20% of Its Reserves in Meme Token SHIB

November 11, 2022 by

Amid questions over holdings, Crypto.com shares its data—and a major meme token makes up a big chunk of its reserves.

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FTX Spent Hundreds of Millions of Dollars on Sports Marketing on Road to Bankruptcy

November 11, 2022 by

FTX signed sports deals worth $375 million—and that’s just the deals with publicly reported price tags. Now it has filed for Chapter 11 bankruptcy.

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From $26 Billion to Nothing: The Rise and Fall of SBF and FTX

November 11, 2022 by

Sam Bankman-Fried’s net worth evaporated this week alongside his businesses—and apparently billions’ worth of customer assets.

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Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’

November 11, 2022 by

If a Canadian pension fund investing in a crypto firm that’s gone bankrupt sounds familiar, that’s because it happened with Celsius Network.

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Amy Wu Resigns From FTX Ventures as SBF’s Crypto Empire Unravels

November 11, 2022 by

A former partner at Lightspeed Ventures, Wu joined the investment arm of FTX in January, funding several crypto startups.

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Mercedes F1 Team Suspends FTX Deal Amid Company’s Collapse

November 11, 2022 by

One of FTX’s many sports world partners has pulled back as the exchange files for bankruptcy protection.

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How to Get Money Out of FTX (But Only If You’re Filthy Rich)

November 11, 2022 by

A mysterious wash-trading arbitrageur has, it appears, found a cunning way to retrieve his or her frozen millions.

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Disgraced FTX CEO Sam Bankman-Fried Says He’s Really Sorry—Again

November 11, 2022 by

Bankman-Fried said he is still “piecing together all of the details” of how he lost billions of dollars of users’ funds.

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SkyBridge’s Scaramucci to SBF: ‘Tell the Truth’

November 11, 2022 by

Along with urging the FTX chief to “tell the truth,” Scaramucci said his firm is working to buy back the exchange’s 30% stake in Skybridge.

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FTX Files Chapter 11 Bankruptcy, SBF Steps Down as CEO

November 11, 2022 by

After a dramatic week, crypto exchange FTX has filed for Chapter 11 bankruptcy and its CEO Sam Bankman-Fried has resigned.

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FTX Crisis an ‘Opportunity’ for US to Clarify Crypto Regulations: Coinbase CEO

November 11, 2022 by

The Coinbase CEO said that if the U.S. can catch up on regulating crypto, customers won’t be driven towards offshore exchanges.

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FTX Foundation Shutters Effective Altruism Fund as Key Execs Resign

November 11, 2022 by

The ambitious philanthropic project is set to wind down its operations following the near collapse of its parent and beneficiary FTX.

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California Announces Investigation Into ‘Apparent Failure” of Crypto Exchange FTX

November 11, 2022 by

California’s finance regulator issued a consumer alert, announcing an investigation into FTX and urging affected clients to contact the DFPI.

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Ethereum, Dogecoin, and Polygon Post Fresh Gains as Crypto Rebounds

November 11, 2022 by

Investors had a brief reprieve from the deepening FTX crisis thanks to limited withdrawals and rosier inflation numbers.

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What You Need to Know About Exchange Tokens After FTX’s FTT Meltdown

November 11, 2022 by

Exchange tokens are the backbone of many top exchanges, but how much risk is involved?

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