FTX Contagion Revives Dreaded 2022 Crypto Knell
The failure of the FTX exchange has triggered a chain reaction, with a growing number of cryptocurrency firms, including BlockFi and Genesis, suspending withdrawals. This year alone, CoinDesk recorded 16 of these announcements.
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
The former FTX CEO made no mention of customer funds being misappropriated or other recent FTX revelations.
Bitpanda's Local Unit Obtains German Crypto License
Customers in Europe can now use the Austrian crypto exchange's custody and proprietary trading services.
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
A weekend search for $1 billion in additional finance has come up short for crypto brokerage Genesis, which is looking for a large cash injection to stay solvent.
FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out
Exchanges were warned to be on high alert in order to freeze assets if the hacker attempted to cash out.
FTX hacker is now one of the largest ETH holders
The hacker used the Celer Network, cBridge, and Stargate Finance to exchange approximately 3.9 million BSC-USD for 5,564.83 Ethereum.
FTX exchange crash: A lesson for all Nigerian crypto traders
The recent crash of the second largest cryptocurrency exchange known as FTX has further exposed the vulnerability of using a Centralized crypto exchange for trading today. Every crypto trader is expected to understand the risk involved before proceeding to invest in a Centralized exchange
FTX’s bankruptcy rippled through the sports world. Steven Curry and other celebrities take a hit.
Nov 14- FTX, its affiliated crypto trading fund Alameda Research and about 130 other companies entered voluntary bankruptcy proceedings last Friday. As the brand ambassador of FTX, the NBA superstar Steven Curry has taken a hit because of the FTX collapse.
Bahamas Securities Commission neither “authorized” nor condones FTX enabling local withdrawals
FTX enabled withdrawals for Bahamian clients on Nov. 11 citing compliance with regulators, but the SCB contradicted the exchange's claims.
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved
Brian Armstrong made a strong claim that FTX was involved in "conflicts of interest between deeply intertwined entities."
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