FTX

Founder of embattled cryptocurrency exchange FTX, Sam Bankman Fried, says he doesn’t know why he is posting cryptic tweets on social networking giant Twitter, after his exchange, along with 130 other associated companies filed for bankruptcy. Bankman-Fried, apparently realizing the magnitude...

An Ethereum (CRYPTO: ETH) address containing 500 ETH has now been activated after lying dormant for more than seven years.  What Happened: According to Whale Alerts tracker, the address is from ‘pre-mine’ era. Pre-mining is the creation of cryptocurrency before it is made...

Investors are still paying close attention to Sam Bankman-Fried, known popularly as "SBF", even though he no longer serves as the CEO of FTX (CRYPTO: FTT) after its dramatic collapse.  He published two cryptic tweets over the weekend, the first reading “What” and the...

The unknown individual who allegedly hacked the now-defunct FTX exchange (CRYPTO: FTT) late Friday still holds $339 million of digital assets. What Happened: According to blockchain intelligence firm Arkham Intelligence, the hacker holds $215 million worth Ethereum (CRYPTO...

Major coins surged on Monday, with the overall cryptocurrency market capitalization rising nearly 4.5% to $843.35 billion. Cryptocurrency  Performance Price (Monday, 9:45 pm EST) Bitcoin +4.25% $16,757 Ethereum +6.17% $1,259 Dogecoin +6.80% $0.086 What Happened: Bitcoin (...

A day after Binance (CRYPTO: BNB) CEO Changpeng Zhao revealed he would offload all the FTT tokens in the company’s kitty, FTX’s native token (CRYPTO: FTT) nose-dived about 35% and made a low of $15.56, from a high of $23.15 it had made over the last 24 hours. FTT is currently...

Quant (CRYPTO: QNT) recorded a 21% spike, making it the top cryptocurrency gainer in the past 24 hours, even as the overall market experienced a downturn due to the FTX (CRYPTO: FTT) collapse. What Happened: QNT is trading at $117.59. The price has been decreasing...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) had a breakout year in 2021, hitting all-time highs. Recent events have sent the entire cryptocurrency market down. Here’s a look at how an investment one year ago would be doing now. What Happened: Bitcoin and other cryptocurrencies enjoyed a...

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing. At the time, the markets were...

Bankrupt cryptocurrency exchange FTX’s affiliated trading firm Alameda Research accumulated large amounts of tokens over the course of a year before FTX announced it would list them, according to an investigation of open blockchain data by analytics company Argus. Blockchain data...

Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd. The attack led to a David vs. Goliath battle and a short squeeze. Earlier this year, Citron Research...

One of the greatest football players of all time has been a vocal supporter of cryptocurrency and non-fungible tokens. With a link to the recent FTX bankruptcy, the NFL player made a social media pivot. What Happened: NFL superstar Tom Brady is no stranger to the world of cryptocurrency and NFTs....

The collapse of FTX has widespread ramifications for the crypto industry, and Goldman Sachs Group Inc (NYSE: GS) analysts say lower crypto prices and the potential for reduced investor confidence in the asset class will likely lead to lower volumes across the market. The Coinbase Analyst...

Japanese conglomerate holding company SoftBank is positioned to take a big hit from its investments in bankrupt cryptocurrency exchange FTX. The FTX losses are just the latest in a long string of disastrous investments for SoftBank in recent years that have resulted in billions of dollars of losses...

Kraken had frozen accounts connected to the FTX Group, Alameda Research and their executives after a discussion with authorities. The U.S.-based crypto exchange stated these accounts were frozen to protect FTX creditors while it maintained full reserves and...