The tightening scrutiny has weighed on bitcoin's price, with the most popular cryptocurrency on Tuesday falling below $30,000 for the first time in a month. Founded and led by Sam Bankman-Fried, a 29-year-old crypto billionaire, FTX is the owner and operator of the FTX....
FTT, the native token of the bankrupt crypto exchange FTX, is leading market gains today, surging by double digits in the past 24 hours. This rally comes as the market awaits the commencement of FTX’s court-approved Chapter 11 Plan of... ...
The company must liquidate its cryptoassets and its stakes in companies to pay off its creditors, flooding the market. Cryptocurrencies are already recovering from a similar crisis in the first half of the year when the cryptocurrency Terra saw its price collapse, dragging bitcoin down with it. ...
First GameStop, now silver: crypto’s most agile exchange,FTX, has listed more stocks as a result of the Reddit-organized frenzy. FTX Responds to Silver Demand FTX has listedtokenized stocksandfuturesfor silver, as demand for the precious metal reaches a peak. The cryptocurrency exchange, which...
Crypto exchange FTX and its sister company Alameda Research invested billions in at least three Kenyan start-ups in what could throw the young firms into financial wild waters.
. Brian Lee, Partner of FTX Ventures, said: "FTX is always seeking to push the crypto ecosystem forward, so when we saw how Chillchat approaches user-generated content in a fun and easy way, we saw it as a perfect opportunity to onboard the next wave of social and casual gamers into...
Meerun,according to the FTX lawsuit, bought a huge quantity of a lightly traded crypto token, driving its price up by 10,000%, then borrowed tens of millions of dollars from FTX using the token’s inflated value as collateral — even though manipu...
Investors have good reasons to be concerned. Along with FTX, other crypto companies have declared bankruptcy this year as the price of digital assets has plunged, including BlockFi, Celsius Network and Voyager Digital, and it's unclear if users of those platforms will ever see refunds. ...
Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could stash their funds in between forays into the otherwise frenzied crypto mar...
FTX has enjoyed hefty growth of late, with its derivatives markets pushing a daily trading volume ofalmost $19 billion. This figure is among the highest of all crypto exchanges. Disclosure: At the time of writing, the author of this feature owned ETH and several other cryptocurrencies. Andre ...