FTX

Institutional investors are increasingly betting on the declining price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), as the market slumps in the wake of FTX (CRYPTO: FTT) collapse, according to a CoinShares report. What Happened: Last week...

The hacker behind the FTX exploit has been spotted yet again trying to move the funds to several wallets, in the hopes of liquidating them. What Happened: The hacker moved over 180,000 Ethereum (CRYPTO: ETH) to 12 new wallets, evenly distributing 15,000 ETH to each wallet, data...

The two largest cryptocurrencies, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), declined on Monday evening as the global cryptocurrency market cap shrunk by 1.91% to $788.67 billion at 8:45 p.m. EST. Cryptocurrency  Performance Price (Monday, 8:45 pm EST) Bitcoin -1.58% $15,790...

Proponents of cryptocurrency have long touted the technology’s transparency compared to traditional finance. But in the wake of the FTX fallout, it’s clear that the crypto industry has a long way to go if it wants to live up to this promise. One way to increase transparency in the space...

Dallas Mavericks owner and investor Mark Cuban on Sunday unfollowed several cryptocurrency-related accounts on Twitter, triggering fears that he might be losing faith in the sector. What Happened: According to BigTechAlert, an account that tracks Twitter accounts of...

Billionaire investor Bill Ackman is still bullish on cryptocurrencies, despite the recent collapse of Sam Bankman-Fried's FTX (CRYPTO: FTT) crypto exchange and the market turmoil that followed. What Happened: In a Nov. 20 Twitter thread, Ackman said that he believes “crypto is...

Even as the market meanders to a seasonally slow period, there was no dearth of news flow over the weekend. The spotlight was on Twitter’s reinstatements of several banned personalities and discussions regarding the near-term market outlook, while the news on the FTX controversy tapered off....

Sam Bankman-Fried’s now-defunct cryptocurrency exchange FTX (CRYPTO: FTT) owes its 50 biggest unsecured creditors over $3.1 billion, with a pair of clients being owed over $200 million each, a recent court filing has revealed. What Happened: According to ...

The two largest cryptocurrencies, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), traded in the red on Sunday evening as the global cryptocurrency market cap shrunk 3.81% to $804.37 billion at 8:54 p.m. EST. Cryptocurrency  Performance Price (Sunday, 8:45 pm EST) Bitcoin -4.24% $...

The newly appointed CEO of bankrupt crypto exchange FTX, John Ray III, is in damage control mode, assuring FTX employees, vendors, customers, regulators, and government stakeholders to "be patient" after the collapse of the company. What Happened: In a Saturday statement, Ray...

The shocking and appalling details of FTX’s collapse are still being uncovered, but new information issued by The Wall Street Journal shows that Sam Bankman-Fried cashed out 71.31% of a top-up to a series B funding round in 2021, taking home $300 million. What Happened: In a play on the...

The beleaguered cryptocurrency exchange FTX, which recently filed for bankruptcy, has fired some of Sam Bankman-Fried's top deputies. There were close to 300 staff members at FTX, many of which have resigned over the past few weeks. Only a few are based at the Bahamas headquarters....

The saga that is cryptocurrency platform FTX and its co-founder Sam Bankman-Fried could be must-see television or an epic biopic that portrays him as a hero or villain. The good news for anyone hoping for this outcome will be pleased to hear the latest about a potential movie or television...

A U.S. senator is taking aim at the cryptocurrency industry after the exchange platform FTX mishandled billions of dollars worth of customer assets to fund risky trades. What Happened: Sen. Elizabeth Warren, who recently called the crypto industry "smoke and mirrors," is doubling down on...

Few altcoins are rallying despite the FTX (CRYPTO: FTT) fiasco that sent shockwaves to the overall crypto market. What Happened: The top altcoin performer was Trust Wallet’s native token TWT (CRYPTO: TWT) that rallied over 100% in the past seven days as the price reached an all-time high of $...