FTX

Trader, podcaster, and Bitcoin (CRYPTO: BTC) evangelist Max Keiser says that the world’s largest digital currency has bottomed out in this cycle and is well on its way to crossing the $220,000 price point. Speaking with journalist Daniela Cambone, he noted that billionaire venture...

According to a court filing on Friday, federal prosecutors seized nearly $700 million in assets from former FTX (CRYPTO: FTT) CEO Sam Bankman-Fried in January, mainly in the form of Robinhood stock.   The Department of Justice (DOJ) has provided a complete list of...

The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection from creditors on Thursday, following the dramatic market downturn that has affected other crypto giants such as FTX (CRYPTO: FTT) and BlockFi.  What Happened: Genesis' lending unit...

FTX’s native token FTT (CRYPTO: FTT) soared over 24% in the past 24 hours, after the company’s new CEO John J. Ray III, said that he was exploring ways to revive the defunct exchange that was formerly run by Sam Bankman-Fried.  What Happened: In an interview with The Wall Street...

H.E. Justin Sun, the founder and CEO of Tron (CRYPTO: TRON), said he has "good ideas" to revitalize the defunct cryptocurrency exchange FTX (CRYPTO: FTT) in partnership with Huobi Global. What Happened: Sun was responding to a pseudonymous crypto trader who suggested four names for...

The defunct cryptocurrency exchange FTX, which froze millions of users from accessing their accounts, could make a comeback under the leadership of its new CEO John Ray III. What Happened: In an interview with The Wall Street Journal, Ray said a task group has been formed to look into the...

They say that the current down market is a time for building. If so, then blockchain developers have a new resource for faster transactions and more secure self-custody. On Tuesday, on-chain multisig solution Den announced the launch of its public beta: “Introducing Den: the fastest multisig...

Beleaguered crypto lender Genesis Global Capital, the cryptocurrency lending unit of Digital Currency Group (DCG), could file for bankruptcy as soon as this week, according to Bloomberg. What Happened: Genesis fell into a liquidity crunch, and halted redemptions shortly after revealing on Nov. 10...

Over half of FTX US's assets — amounting to $90 million — were subject to unauthorized third-party transfers after the embattled exchange filed for bankruptcy. With respect to the FTX US exchange, the FTX debtors identified approximately $181 million of digital assets, according to...

This week marks the World Economic Forum (WEF) Annual Meeting and Blockchain Hub Davos 2023 which runs concurrently on Jan. 16-19 in Davos, Switzerland. Describing itself as “The epicenter of blockchain collaboration,” the event puts leaders in Web3 in close proximity to the world...

Digital Currency Group (DCG) has announced that it is suspending all dividend payments to its shareholders until further notice.  What Happened: According to the letter to shareholders seen by Bloomberg, the move comes as a result of contagion in the crypto space brought on by the bankruptcy...

Sam Bankman-Fried founded FTX said that $415 million in cryptocurrency was transferred by hackers from its international and U.S. exchanges. What Happened: The bankrupt platform issued a press release on Tuesday in which it said that it had identified $323 million “subject to unauthorized...

SkyBridge Capital managing partner Anthony Scaramucci has spoken openly about the "betrayal" he experienced in the wake of the FTX debacle with Sam Bankman-Fried, someone he previously considered a friend. What Happened:  At Casper Lab’s Blockchain Hub event in Davos,...

The Bitcoin (CRYPTO: BTC) Fear and Greed Index has spiked to a “Neutral” sentiment for the first time since April 2022. What Happened: According to the index tracker, it was 51, pointing towards a “Neutral” zone, for the first time in nine months. The tracker was in...

CoinFLEX said that it will not bear the name GTX after the project received intense mockery on social media due to its name resembling the now-defunct FTX. What Happened: Su Zhu and Kyle Davies, the founders of the now defunct Three Arrows Capital (3AC...