FTX

Concerns have been raised regarding the potential market impact of FTX's (CRYPTO: FTT) liquidations on certain cryptocurrencies, in an analysis by a crypto analytics firm. Messari's analysis highlights that while major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:...

Major cryptocurrencies experienced a significant surge on Tuesday evening, following a rapid decline and subsequent rebound in their prices. However, this volatile market movement has resulted in substantial losses for traders, with Coinglass data revealing liquidation losses amounting to a...

Crypto exchange FTX (CRYPTO: FTT) is anticipated to offload approximately $3.4 billion in cryptocurrency to provide its users with fiat currency instead of tokens, a move expected to impact the altcoin market for the remainder of the year, according to a report. The Matrixport report...

Elon Musk’s biography authored by Walter Isaacson captivates facets of Musk’s life. Of notable interest is his involvement with the meme cryptocurrency Dogecoin (CRYPTO: DOGE). What Happened: During the opening celebration of Tesla’s (NASDAQ:TSLA) Gigafactory in Texas in April...

Elon Musk’s new biography explores various aspects of his life and delves into his involvement with the meme cryptocurrency Dogecoin (CRYPTO: DOGE). The book also sheds light on Sam Bankman-Fried, the former CEO of FTX, and his attempt to secure a role in...

In a move to protect the cryptocurrency community from potential market turbulence, Justin Sun, the founder of Tron (CRYPTO: TRON), said Monday he is considering a tender offer for (CRYPTO: TRX) tokens currently held by FTX (CRYPTO: FTT). This move aims to neutralize the potential adverse...

The U.S. CPI and PPI inflation figures set for release this week could be a defining moment for the crypto industry. With interest rate hikes forecasted to be paused, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices are seen rebounding from the bottom. This is seen to potentially have a...

Beleaguered crypto exchange FTX (CRYPTO: FTT) amassed assets totaling approximately $7 billion. This includes an impressive stash of $1.16 billion in Solana (CRYPTO: SOL) tokens and $560 million in Bitcoin (CRYPTO: BTC), according to court documents. FTX's assets don't just stop at...

An analytics firm has raised concerns over a potential $3 billion sell-off in the cryptocurrency market. This anticipated liquidation event, linked to FTX's upcoming offloading of vast crypto holdings, could significantly impact market dynamics. The anticipation of this massive liquidation by...

Analytics firm IntoTheBlock has hinted at a potential $3 billion sell-off in the cryptocurrency market, potentially initiated by a bankrupt crypto firm. What Happened: According to a report by IntoTheBlock, traders are beginning to shed their holdings due to the impending liquidation of FTX, an...

The bankrupt cryptocurrency exchange FTX has reportedly paid nearly $750,000 to former NBA player Shaquille O’Neal, along with other celebrities, as part of its marketing efforts, according to court document, Decrypt reported. What Happened: Court documents related to the exchange’s...

Sam Bankman-Fried's lawyers have dismissed claims by the Department of Justice (DOJ) concerning the conditions of his confinement, particularly as they relate to his restricted access to his laptop. What Happened: In a memo on Friday, defense attorneys reiterated ...

Tech giant Apple Inc. (NASDAQ: AAPL) allegedly spent $5 million acquiring the rights to Michael Lewis' forthcoming book, chronicling the journey of beleaguered FTX's (CRYPTO: FTT) co-founder and former CEO Sam Bankman-Fried (SBF). This move came as anticipation builds...

Ryan Salame, a previous high-ranking official at FTX (CRYPTO: FTT), is reportedly preparing to admit to criminal allegations on Thursday, stemming from the downfall of the crypto trading platform. Salame, once a joint head of FTX Digital Markets, is set to make his court appearance in Manhattan...

Financial statements have revealed transactions that favored top brass at FTX, a prominent cryptocurrency exchange, just before its unexpected downfall in late 2022. What Happened: Documents presented to the United States Bankruptcy Court for the District of Delaware highlight several...