#FTX News

FEED

The Largest Cryptocurrency Hacks So Far

investopedia.com One of the obstacles to the mainstream adoption of digital currency has been hacking. Some high-profile thefts have occurred on various cryptocurrency exchanges and…

FTX and Alameda transfers another $22M worth of crypto asset

cointelegraph.com Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a substantial transfer of digital assets,…

Bitcoin Spot ETFs: Why Do They Matter?

thedefiant.io The approval window for spot Bitcoin ETFs is now open. Over its 15-year history, Bitcoin has transitioned from a niche form of digital settlement into a $700B asset tracked…

Solana Overtakes Ethereum By Active Users After 70% Spike

thedefiant.io Solana surges past Ethereum but Layer 2s are still king The number of daily active users on Solana overtook the Ethereum mainnet on Nov. 11 following a sharp uptick in…

In less than a week, Sam Bankman-Fried’s $16 billion fortune evaporated

edition.cnn.com Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning to unravel. By Friday, his fortune was completely wiped out. Based…

Column: Silicon Valley VCs wanted to believe SBF's lies. Now they want you to believe their excuses

latimes.com Crypto scammer Sam Bankman-Fried, on one of his numerous appearances in a Manhattan federal courthouse before his conviction on seven criminal counts Nov. 2. Sequoia Capital…

Bitcoin ETF race has a new player, Binance ends support for BUSD, and more: Hodler’s Digest: Nov. 26

cointelegraph.com Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the United States. On Nov. 29, Pando submitted a Form S-1 — used to…

The end of business-class A.I. doomerism

maxread.substack.com If I’m being honest, my immediate reaction to the news that Sam Altman had been fired as C.E.O. of OpenAI was something like … relief? Not, to be clear, because of anything…

Here's Dogecoin Founder's Take on Shocking FTX IRS Showdown

u.today The recent tax spat between bankrupt crypto firm FTX Derivatives Exchange and the United States Internal Revenue Service (IRS) has attracted a comment from Dogecoin…

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

coindesk.com Wormhole, a developer platform that allows different blockchain networks to communicate with each other, has raised $225 million at a $2.5 valuation in a funding round…

77.77 Billion SHIB Transferred by FTX Exchange, Here’s SHIB Price Reaction

u.today The bankrupt FTX exchange continues to move the remains of its assets to convert them into fiat and repay the debt to its creditors. This time, it shoveled nearly 80 billion…

Weekend Price Prediction

watcher.guru is currently enjoying a robust positive outlook on its price chart, propelled by significant advancements in the cryptocurrency space. The recent announcement of the USD…

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

newsbtc.com Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience…

Sam Bankman-Fried will not file any post-trial motions, say lawyers

cointelegraph.com Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions. In a Dec. 1 letter to Judge Lewis…

Terraform Labs and SEC lawyers spar over whistleblower in court: Report

cointelegraph.com Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs and co-founder Do Kwon sparred in court over information provided by a…

Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?

newsbtc.com Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive…

Crypto stocks have notched blistering triple-digit rallies this year

aol.com None Stocks tied to digital assets have seen sharp rallies year-to-date. • None Coinbase, MicroStrategy, Riot Platforms, and Marathon Digital shares are up more than 250% in…

Matrixport’s Compelling Case: Bitcoin’s Path to $125,000 by 2024

cryptopotato.com With the highly-anticipated Bitcoin halving just four months away, the world’s largest crypto asset is witnessing a strong rally driven by expectations of growing…

Finance Docket: Crypto’s Terrible, Horrible, No Good, Very Bad, Actually Kind Of Hopeful For The Future Month

dealbreaker.com Ed. note: This article first appeared in the Finance Docket newsletter. Click here to subscribe and view the full newsletter. It’s been a brutal few weeks in the headlines…

Bitcoin finishes November strong as investors enter a waiting period in the final month of 2023

cnbc.com November was perhaps the most significant month of this year for the crypto industry and gave bitcoin a strong setup as investors look toward 2024. Bitcoin ended the month…

FTX and Alameda Research Move $10.8M in Cryptocurrencies to Binance, Coinbase, Wintermute

coinspeaker.com Coinspeaker FTX and Alameda Research Move $10.8M in Cryptocurrencies to Binance, Coinbase, Wintermute According to a recent tweet by Spot on Chain, crypto accounts linked to…

and Aptos (APT) Stall, While a Surprise Coin Eyes Key Resistance Breakthrough

cryptodaily.co.uk On December 1, Bitcoin bagged a neat 3% gain, cruising past $38,800. Ethereum wasn't far behind, nearly hitting the $2,100 mark. These upticks are backed by solid investor…

IRS Slaps FTX With Massive $24 Billion Tax Bill, Crypto Exchange Responds

bitcoinist.com While FTX struggles to recover from its bankruptcy and long list of lawsuits, the failed crypto exchange has been slammed with another major setback as the IRS has issued a…

Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings

cryptopotato.com The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea. Per a Bloomberg report, the company marked down…

Cardano Price Primed for Potential 67% Rise in December as Analyst Spells Bullish Outlook For ADA

thecryptobasic.com recorded an impressive close to November, and per its historical trends, it might soar by 67.5% this month. Should Cardano repeat its historical pattern, it may jump from…

Which Move-to-Earn App Will Double First as Trends Favor Step App (FITFI), STEPN (GMT), and Sweat Economy (SWEAT)?

cryptodaily.co.uk Bitcoin has recently caught the eye with a 10% gain to close November, although it's been playing a waiting game since. This stability masks a deeper story: investor…

Bitcoin price went up in November

blockworks.co Bitcoin is again inching closer to a potential price breakout, even as it hovers at its highest point in 18 months. Markets priced bitcoin (BTC) above $38,600 on Friday…

Barry Silbert’s Grayscale wants GBTC to commingle bitcoin ‘from time to time’

protos.com Barry Silbert successor at Grayscale, Michael Sonnenshein, wants the ability as CEO to commingle the bitcoin backing its $23 billion bitcoin trust, GBTC, in shared, omnibus…

Solana Addresses Soar to Record Level as Airdrop Season Beckons

thecryptobasic.com has seen its total address count surge back to the pre-FTX implosion levels, a trend that signals the build-up of sentiments as the network’s airdrop season emerges. Much of…

FTX and Alameda Research cash out $10.8M to Binance, Coinbase, Wintermute

cointelegraph.com Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in Binance, Coinbase and Wintermute using eight cryptocurrencies.…

Rep. French Hill Estimates Crypto Legislation to Pass in Early 2024

news.bitcoin.com Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early…

Soccer legend Cristiano Ronaldo is the latest mega sports star to be sued for endorsing NFTs

fortune.com Portuguese soccer star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related…

Coinbase Stock Triples in 2023 After Firm Survives Crypto Chaos

finance.yahoo.com A 62% rally in Coinbase Global Inc. shares this month is shining a spotlight on Wall Street euphoria around the largest US crypto exchange. • None Tesla’s Cheapest…

How Does SBF Spend His Time in Jail, Former Mobster Explains

cryptopotato.com Gene Borrello, a former mobster turned federal informant, was separated from the general prison population and placed in a section with ex-gang members, informants, and…

Cristiano Ronaldo faces US$1bn lawsuit for promoting Binance NFTs

theguardian.com Cristiano Ronaldo has been hit with a class-action lawsuit seeking at least $US1bn in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or…

Best online brokers for buying and selling cryptocurrency in December 2023

aol.com Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at the peak in late 2021 having…

‘League of Legends’ Trailer Scandal: It Wasn’t AI, We Just Messed Up, Says Riot Games

decrypt.co Responding to a flood of criticism over the alleged use of AI in a League of Legends video announcement, Riot Games said on Wednesday that the voice-over issues were not due…

Charlie Munger’s wisdom on crypto ‘poison’ shows investment experience counts

scmp.com Buffett’s Berkshire Hathaway today has an US$800 billion portfolio of shares like Apple, Bank of America, American Express, Coca-Cola, Mitsubishi and BYD . This is the…

Cristiano Ronaldo Sued for $1 Billion Over Binance NFT Promotion

decrypt.co A class action lawsuit filed in Florida on Thursday seeks over $1 billion in damages from international soccer star Cristiano Ronaldo for his role in promoting the…

Coinbase tracks 6% rise in info requests from law, government agencies

cointelegraph.com Crypto exchange Coinbase says it had recorded a 6% rise in requests from law enforcement and government agencies compared to 2022, with the number of jurisdictions issuing…

Bankruptcy Court Declares FTX Debtors Can Begin To Sell $744,000,000 Worth of Grayscale and Bitwise Shares

dailyhodl.com A bankruptcy court is ruling that debtors of bankrupt crypto exchange FTX can begin selling hundreds of millions of dollars worth of Grayscale and Bitwise shares. In a new…

Ronaldo hit with $1 billion lawsuit for endorsing Binance NFTs

cbsnews.com Portuguese soccer star Cristiano Ronaldo is facing a class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related…

Tribeca Doc ‘This Is Not Financial Advice’ Lands at Fuse TV

hollywoodreporter.com This is Not Financial Advice, the cryptocurrency centric doc that had its debut at the Tribeca Film Festival, has landed at FuseTV. Chris Temple and Zach Ingrasci directed…

ChatGPT Crypto Predictions 2024: Solana (SOL), Polygon (MATIC), And Everlodge (ELDG)

thecryptobasic.com We gave ChatGPT some up-to-date info about the crypto market and did a little bit of jailbreaking, then asked the AI to assess the info and come up with price predictions.…

Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison

cnbc.com In a month that saw two of the crypto industry's leading figures headed on the path to prison, Coinbase shares rocketed more than 60%, their second-best monthly performance…

Two Decades Of Liquidity Fragmentation In Equities: Will This Play Out Again In Crypto?

forbes.com As interest in the cryptocurrency world from institutions gathers steam, there are some lessons from the latter, from just over 20 years ago, that are worth the attention of…

FTX Gets OK to Sell $744 Million in Grayscale Stakes

pymnts.com FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the cryptocurrency firm…

Binance embraces counterparty risk reduction

blockworks.co A recent initiative by Binance introduces what it describes as “the world’s first cryptocurrency triparty arrangement with a third party banking partner.” This project aims…

Cristiano Ronaldo sued for $1 billion after promoting NFTs from crypto exchange Binance

nbcnews.com Portuguese soccer star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related…

Pro-crypto Majority Whip Tom Emmer denounces CBDCs as a ‘surveillance tool’ and calls for stablecoin oversight

fortune.com House Majority Whip Tom Emmer (R-Minn.) continued his pro-crypto crusade on Thursday, denouncing recent efforts by the executive branch to wrangle the wildcat industry.…

Sam Bankman-Fried and Elizabeth Holmes may just be the tip of the corporate fraud iceberg that costs the economy $830 billion annually, study says

finance.yahoo.com It’s been a hot few years of corporate fraud. A plea deal earlier this week for Binance founder Changpeng Zhao on charges of money laundering comes on the heels earlier this…

FTX Seeks Court Approval to Wipe Out US IRS’s $24B Claim

cryptopotato.com The bankrupt estate of FTX has made a bold move to challenge the United States Internal Revenue Service (IRS), seeking court approval to reduce a $24 billion claim against…

Risks Sell-off as Whale Makes Daring Move

u.today is at a tipping point as it is at risk of a downtrend, a development that is not good news for the protocol's HODLers. At the time of writing, the coin is changing hands at…

and Polkadot (DOT) Overcome Red Market Challenges for a Strong Year-End Rally?

cryptodaily.co.uk The cryptocurrency domain has recently displayed remarkable resilience, particularly following the high-profile $4.3 billion Binance-DOJ settlement – talk about a…

Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers

news.bitcoin.com The Delaware District’s U.S. Bankruptcy Court has greenlit the FTX estate’s disposal of trust assets. This sanction, issued on November 29, 2023, paves the way for the…

Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs

abcnews.go.com FILE - Portugal's Cristiano Ronaldo reacts after scoring during the Euro 2024 group J qualifying soccer match against Bosnia-Herzegovina at the Bilino Polje Stadium in…

FTX Cleared to Sell $873 Million in Grayscale Bitcoin Trust Shares and Other Holdings

decrypt.co As the FTX bankruptcy saga continues, advisors for the collapsed crypto exchange have received court approval to sell assets held in digital trusts from Grayscale and…

The Entire Business World on a Single Page. Free to Use →