FTX

O'Shares ETFs chairman and renowned "Shark Tank" investor Kevin O'Leary has recently spoken about doing business with the beleaguered crypto exchange FTX, and its former CEO Sam Bankman-Fried.  During a recent interview, O'Leary said that he was...

The collapse of a leading cryptocurrency platform has been linked to the U.S. Congress, thanks to many political donations from the disgraced co-founder of the company. Here’s the latest on who is giving back the money they previously took in. What Happened: FTX co-founder Sam Bankman-Fried...

Bankrupt cryptocurrency exchange FTX will allow its Japan subsidiary to resume withdrawals for its clients. Users of the defunct FTX Japan may be among the exchange’s first customers to receive their funds. Withdrawal services were initially halted on Nov. 8. See Also: FTX Used Customer Funds...

Galaxy Digital (NASDAQ: BRPHF) CEO Mike Novogratz has backtracked on his prediction for Bitcoin (CRYPTO: BTC) to rise to $500,000 in five years, citing the Federal Reserve's interest rate hikes. What Happened: In an interview with Bloomberg late last month, Novogratz said he...

A new short report is pointing out problems at Silvergate Capital Corp (NYSE: SI), a cryptocurrency-friendly bank that has seen its stock price fall in 2022. What Happened: The cryptocurrency industry has fallen under pressure for regulation after the collapse and bankruptcy of the ...

FTX co-founder and former CEO Sam Bankman-Fried, once a beloved leader in the cryptocurrency sector, is now being labeled a criminal. The disgraced entrepreneur is currently on a media tour to discuss how the exchange he founded went into disarray, but appears to be having a tough time answering...

Asset management company BlackRock Inc.'s (NYSE: BLK) CEO Larry Fink asserted that FTX's collapse was caused by the creation of its own centralized (CRYPTO: FTT) token, which went against the "whole foundation of what crypto is." The $8 billion investment firm...

Bitcoin is the only cryptocurrency asset that can be seen as a commodity as the industry reels with the aftershocks from the collapse of FTX (CRYPTO: FTT). That's according to U.S. Commodity Futures Trading Commission (CFTC) chief Rostin Behnam. See Also: Yes, FTX Was A Fiasco, But US...

Sam Bankman-Fried is “incapable of moving his lips without incriminating himself,” said “Black Swan” author Nassim Nicholas Taleb Wednesday. What Happened: Taleb made the comment on Bankman-Fried, the former CEO of the beleaguered cryptocurrency exchange FTX, in a Twitter...

Pavel Durov, the Telegram messaging platform’s founder and CEO on Wednesday said that the platform would soon be introducing “non-custodial wallets” and “decentralized exchanges” that would allow millions of users to safely trade cryptocurrency. What Happened: In a...

Sen. Elizabeth Warren (D-Mass.) said the FTX (CRYPTO: FTT) contagion spread could have been worse if federally-insured banks were “dangerously intertwined” with cryptocurrency. What Happened: During a Senate Banking Committee hearing on Wednesday, Warren...

Sam Bankman-Fried, co-founder and former CEO of the now-bankrupt FTX, was interviewed Wednesday at the New York Times’s DealBook Summit. The interview was live and virtual with Bankman-Fried doing his humble best at damage control even though, as interviewer Andrew Ross Sorkin said...

Rosenblatt Securities believes Bakkt Holdings Inc’s (NYSE:BKKT) unique position in the cryptocurrency space has created a buying opportunity. What Happened: Rosenblatt analysts on Wednesday initiated coverage on Bakkt with a Buy rating and set a price target of $2.20, citing the company...

Crypto exchange Bitfront announced on its site that it has closed operations. Bitfront is built on Line blockchain. In the statement, Bitfront said: “Despite our efforts to overcome the challenges in this rapidly-evolving industry, we have regretfully determined that we need to shut...

BlackRock (NYSE: BLK) Larry Fink invested $24 million in FTX through a fund of funds it administers, CEO Larry Fink said Wednesday.  Although there were some inappropriate actions at the cryptocurrency exchange FTX, the technology underlying cryptocurrencies is still essential, Fink...