FTX

Solana (CRYPTO: SOL) is having an incredible comeback run in 2023 after seeing a dramatic decline of more than 80% in 2022.   What Happened: Solana gained 50% in the last seven days and, at the time of writing, was trading at $23, according to Benzinga Pro Data. The once renowned...

Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at Benzinga's Future Of Crypto event,  said he would invest in a company founded by Brett Harrison, the former CEO of the defunct crypto exchange FTX US (CRYPTO: FTT). In an email ...

The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower. On Thursday, the Labor Department reported the consumer price index gained 6.5% in December, down from a 7.1% increase in November and in-line with economist estimates. Core...

Eight major media companies, including The Associated Press, Bloomberg, Reuters and Dow Jones, have made a request to the Southern District of New York court to release the names and identifying information of the two individuals who guaranteed the $250-million bond for former CEO of FTX,...

Crypto exchange FTX (CRYPTO: FTT) announced it recovered a substantial amount of assets, including cash, liquid cryptocurrency and liquid investment securities, totaling more than $5 billion, Coindesk reported. Notably, this does not include another $425 million in crypto...

Days after being released on a $250 million bond, Sam Bankman-Fried — founder of beleaguered cryptocurrency exchange FTX — turned to social media to deny allegations of misappropriating user funds. He also slammed Binance CEO Changpeng Zhao for allegedly running a months-long...

The home of the NBA team the Miami Heat will soon be looking for a new name. A federal bankruptcy judge has ended the naming rights agreement between Miami-Dade County and FTX (CRYPTO: FTT) in a court filing on Wednesday. Miami-Dade County requested that the judge overseeing FTX’s bankruptcy...

A popular crypto analyst recently declared that Gemini (CRYPTO: GUSD) is not involved in any shady dealings — they're simply "losers." What Happened: Ki Young Ju, co-founder of CryptoQuant, a crypto analysis platform, revealed that only $9 million Gemini is sitting on...

FTX has recovered more than $5 billion in cash and other liquid assets but the amount of customer losses is yet to be ascertained, an attorney for the troubled cryptocurrency exchange told a U.S. bankruptcy court. What Happened: “We have located over $5 billion of cash, liquid cryptocurrency...

Cryptocurrency exchange Binance (CRYPTO: BNB) plans to increase its workforce by 15%-30% in 2023, according to its CEO, Changpeng "CZ" Zhao. He made the announcement at the Crypto Finance Conference in St. Moritz, Switzerland, highlighting the company's aim to be well-organized ahead...

Creditors of cyptocurrency lender BlockFi have pleaded to keep their personal information private in court documents. Disclosing their names as part of the bankruptcy proceedings could put them at risk of identity theft or hacking, they claim. The peculiar request is a result of a similar incident...

Institutional investor Digital Currency Group has revealed it owes Genesis, a digital currency lending firm, $447.5 million and an additional $78 million in Bitcoin (CRYPTO: BTC). These debts are set to mature in May of this year and come in addition to an outstanding promissory note. DCG...

Billionaire investor Peter Thiel has been identified as one of the prominent shareholders in a bankruptcy court document filed in connection with the collapse of the cryptocurrency exchange FTX. What Happened: Thiel's name has now been publicly linked to the exchange for the first time, joining...

Newly released court filings reveal some of the high-profile names who invested in Sam Bankman-Fried’s FTX cryptocurrency exchange and the size of their stake. What Happened: The filings come from the FTX bankruptcy court case in Delaware and detail the investors who put their...

The former head of engineering at cryptocurrency exchange FTX has met with federal prosecutors in an attempt to join two other members of former CEO Sam Bankman-Fried's inner circle in seeking a cooperation deal in the fraud case related to the collapse of the exchange. According to Bloomberg...