Sam Bankman, CEO of FTX- Fried lost billions of dollars, and the Firm files Bankruptcy
Major financial difficulties have hit one of the world’s leading crypto trading platforms. Sam Bankman-Fried, CEO of FTX also known as, SBF, has recently seen...
Tag : FTX
FTX Allegedly Misused Customer Funds to Help Alameda
Reuters claims that when Alameda Research had a string of losses due to its activities, FTX utilized client funds to continue financing the company. One...
Binance Will Not Acquire FTX
In a recent development, Binance has publicly confirmed that it would no longer pursue the FTX takeover. This follows the Binance team’s due diligence on...
Amid FTX Controversy, Binance Spot Volume Dominance Jumps to 71%
According to The Block Research, after transacting more than $51.3 billion in volume in the last 24 hours, crypto exchange Binance now controls 71% of...
Binance is All Set to Buy Rival FTX
Binance CEO Changpeng Zhao has disclosed that his company is negotiating with FTX about a possible purchase. The acquisition of FTX follows research that revealed...
Bitcoin Yet Again Crashes Below $20,000
Bitcoin’s price has dropped below the critical $20,000 level in the last several hours. The fall happened about 12:00 p.m. EST, and it raised questions...
Crypto Exchange FTX Will Acquire Bankrupt Voyager’s Assets
On Monday, cryptocurrency exchange FTX.US won an offer to acquire Voyager Digital, a cryptocurrency investment company that filed for Chapter 11 bankruptcy in July. In...
FTX seeks $1 billion in Funding to Support its Acquisition Plans
Crypto exchanges have grown in importance in the ecosystem. Despite the intense upheaval produced by the bears, numerous exchanges had goals and plans for expansion....
Binance is All Set to Operate in Abu Dhabi
Binance, the world’s biggest cryptocurrency exchange, has been granted in-principle authorisation to operate as a virtual asset broker-dealer in Abu Dhabi. After finishing its application...
FTX NFTs Launched By FTX US
West Realm Shires Services Inc. (“FTX US” or “the Company”), a main US-managed cryptocurrency trade, today reported the dispatch of FTX NFTs (“the Marketplace”). The...