FTX

FTX co-founder Sam Bankman-Fried saw his wealth evaporate from billions to significantly less after the collapse and bankruptcy of the cryptocurrency platform he founded. A new list of creditors suggested Bankman-Fried may have also been searchin’ for his lost shaker of salt....

Leading cryptocurrency Bitcoin (CRYPTO: BTC) has been hit hard in 2022 like many other cryptocurrencies. Here’s a look at how much Bitcoin would be worth now if it was purchased five years ago. What Happened: In October 2008, a whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic...

LedgerX, a subsidiary of FTX Group that also had to seek bankruptcy protection due to its parent company's collapse, will make available $175 million for use in the Chapter 11 proceedings for the crippled cryptocurrency exchange and its other firms. A $250 million fund was set aside by LedgerX...

Dogecoin (CRYPTO: DOGE) holders fared well even as the FTX (CRYPTO: FTT) contagion spread, sending shockwaves through the overall crypto market. What Happened: According to data from CoinMarketCap, over 62% of Dogecoin holders still remain profitable.  DOGE was trading at $0.10, up 21% in the...

Reeling from scathing criticism over his massive donations to the Democrats, the disgraced co-founder of cryptocurrency exchange FTX (CRYPTO: FTT) claimed he also made “dark donations” to the Republicans, which were not publicly known. In a phone call with Tiffany Fong, a...

The person who hacked bankrupt crypto platform FTX (CRYPTO: FTT) transferred as many as 255 Bitcoin (CRYPTO: BTC) to crypto exchange OKX, through ChipMixer, days after over $600 million in cryptocurrency mysteriously vanished from the wallets of the former exchange. On-chain detective ZachXBT...

Benzinga's upcoming Future of Crypto event comes during a pivotal time for the industry.  "A lot of people have lost substantial sums of money," says Alan Silbert, North American CEO of INX. "And we have to rebuild trust in the space." See Also: Exclusive - Sam...

Binance saw most of the "dumb Bitcoin (CRYPTO: BTC) inflow" when it was first established in 2017.  A dumb money investor is an individual who makes poor investment decisions due to market hype or the fear of missing out. These investors usually purchase when the...

The AAX cryptocurrency exchange, which recently halted withdrawals, has seemingly scrubbed its social media accounts amid the FTX (CRYPTO: FTT) contagion spread. What Happened: AAX's YouTube channel has been deleted abruptly, leaving the users perplexed....

The defending Super Bowl champion Los Angeles Rams are having a tough 2022 NFL season, but the team isn't the only one that might be suffering from a Super Bowl hangover. Several notable cryptocurrency-related companies that ran ads during the big game or were involved in some...

The U.S. Securities and Exchange Commission (SEC) is one of the biggest creditors of crypto lending company BlockFi, which after a string of failures in the digital-assets market, filed for bankruptcy. According to a filing made on Monday, the regulator has a $30 million unsecured claim...

The collapse of the world’s third largest cryptocurrency exchange FTX has claimed another victim, with crypto lender BlockFi filing for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey on Monday.  In its bankruptcy filing, the...

The crypto industry is still reeling under the aftermath of the collapse of crypto exchange FTX. But outside of FTX, cryptocurrency theft is rampant, especially in the UK, where it increased by a third in one year. Thieves stole hundreds of millions of pounds from victims, according to police...

Last week, Congressman Tom Emmer (R-MN), said that beleaguered cryptocurrency exchange FTX was a failure of centralized finance and called out the working relationship between SEC Chairman Gary Gensler and Sam Bankman-Fried.  Bankman-Fried’s inclination...

FTX founder Sam Bankman-Fried tried to receive “special treatment” with the Securities and Exchange Commission in his meetings with the financial watchdog and pushed for legislation for the crypto industry with the same goals, says U.S. Rep. Tom Emmer (R-MN). In an interview with...