FTX

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week. Investors dumped the dollar last week following encouraging inflation data, but Federal Reserve Governor Christopher Waller said Sunday that the Fed still has a long way to go...

Binance CEO (CRYPTO: BNB) Changpeng Zhao on Monday said Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is planning to come up with a protocol for exchanges to automatically disclose their proof of reserves to users. Asked by Benzinga whether exchanges are sending funds to each...

Ethereum (CRYPTO: ETH) is seeing its user base accumulate and its adoption grow despite the ongoing market turmoil caused by the bankruptcy of major crypto exchange FTX. The number of addresses holding at least 0.1 ETH — equivalent to about $128 at the time of writing — reached a...

New Huo Technology Holdings Limited — the parent company of major crypto exchange Huobi — announced that it lost $18.1 million that was locked on FTX at the time of its bankruptcy. What Happened: New Huo Tech also announced earlier Monday that of the $18.1 million, $...

Just a day after Binance CEO Changpeng "CZ" Zhao called on cryptocurrency users to take “personal control” of their digital assets using Trust Wallet, the app's native token, TWT (CRYPTO: TWT) hit a record high. Apex ...

Over $3 billion in Bitcoin (CRYPTO: BTC) has been withdrawn in the past seven days from cryptocurrency exchanges as FTX (CRYPTO: FTT) collapsed, sending ripples through the industry. What Happened: According to data from Coinglass, 190,000 BTC have been withdrawn...

Binance CEO Changpeng "CZ" Zhao’s latest announcement on Twitter has triggered a rebound in the prices of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other cryptocurrencies. What Happened: CZ said he’s forming an “industry recovery fund” to support...

Visa Inc (NYSE: V) has reportedly suspended its month-long partnership with the collapsed cryptocurrency exchange FTX (CRYPTO: FTT). What Happened: On Oct. 7, Visa and FTX partnered to offer FTX-branded Visa debit cards to customers internationally — with a focus on countries in Latin America...

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on a streaming platform. Good news for those wanting a movie, the first step could be happening...

Johnny Lyu, the CEO of crypto exchange KuCoin was the first to announce ‘Proof of Reserves,’ after the FTX Token (CRYPTO: FTT) debacle sent shockwaves through the cryptocurrency industry. In an interaction with Benzinga, Lyu said that ‘Proof of Reserves’ is a direct...

Binance CEO Changpeng Zhao shrugged off speculation about stablecoins like BUSD (CRYPTO: BUSD) getting outlawed by regulators in the United States, saying that it was akin to asking if the Moon may disappear tomorrow. Taking part in a Twitter Space, “CZ,” as he is known in the...

Serum (CRYPTO: SRM), a decentralized exchange software built in the Solana (CRYPTO: SOL) ecosystem, may have been compromised when the hacking of bankrupt FTX occurred on Saturday. A new report shows that FTX had $8.9 billion in liabilities before it filed for bankruptcy and $...

Crypto.com erroneously sent more than 320,000 Ether (CRYPTO: ETH) worth around $400 million to competing cryptocurrency exchange Gate.io, on Oct. 21, according to the company’s CEO. This information was made public today after a Twitter user shared a screenshot asking why a significant amount...

For what was considered to be the third-largest cryptocurrency exchange in the world, FTX’s rapid decline into bankruptcy has sent shockwaves through the crypto community, spooking millions of investors and roiling the cryptocurrency markets further. However, what initially seemed to be just...

Bankrupt crypto exchange FTX’s founder Sam Bankman-Fried has been interviewed by police and regulators in the Bahamas.  According to a Bloomberg report, FTX’s move to allow withdrawals for residents in the Bahamas was questioned by the Securities Commission of the Bahamas (SCB...