In a recent development, FTX, a prominent cryptocurrency exchange, has been granted permission to liquidate its vast digital asset holdings, amounting to approximately $3.4 billion.
FTX News
As the final quarter of 2023 approaches, the cryptocurrency market is rife with speculation and predictions.
The cryptocurrency market has experienced significant turbulence over the past week, with a rapid decline and subsequent rebound in prices leading to a staggering $256 million in liquidation losses.
In a recent development, the correlation between Bitcoin’s price and its implied volatility has taken a surprising turn.
The World Federation of Exchanges (WFE), a London-based industry group, released a report on Tuesday revealing a significant divide among major financial exchanges on the adoption of cryptocurrency-related products and services.
The cryptocurrency world is on edge as Sam Bankman-Fried, the former CEO of FTX, is set to face a trial in October that could have far-reaching implications for the industry.
Robinhood, the renowned cryptocurrency and stock trading platform, has successfully repurchased a substantial stake from Sam Bankman-Fried, commonly known as SBF, the former CEO of FTX.
CryptoQuant summarizes the changes in the Bitcoin market in the past year on social media X (formerly Twitter).
Driven by the potential benefits of the Bitcoin spot ETF, BTC quickly rose to around $30,000, and then experienced three weeks of shocks, failing to break through the previous high many times.
Solana probably won’t die, but it won’t live the way it used to.
Cryptocurrency index fund manager Bitwise expects the start of a long-term bull market, fueled by a long-awaited surge in institutional interest, according to Bitwise’s chief investment officer (CIO).
Bitcoin’s recent surge to $31,000, the highest level since June 8, 2022, was driven by institutions’ commitment to incorporating cryptocurrencies into their operations, according to Coin Metrics.
The cryptocurrency market continues to show minimal volatility following the SEC’s lawsuit against Binance.
In a recent interview, MicroStrategy co-founder and CEO Michael Saylor expressed his thoughts on the regulator’s stance on cryptocurrencies.
The famous research institution Bernstein released the latest research results at the 2023 Consensus Conference, indicating that the recent plunge in FTX has become a catalyst for the start of a new bull market cycle in the cryptocurrency market.
Zane Tackett, the former director of institutional sales at bankrupt cryptocurrency exchange FTX, suggested via Telegram that FTX should relaunch and offer tokens representing creditor claims.
A group of law firms led by Adam Moskowitz filed a lawsuit on behalf of “hundreds of thousands of victims” against Binance, CEO CZ and celebrities promoting the exchange in Florida, including NBA Miami Heat star Jimmy Butler.
On March 30th, FTX founder SBF pleaded not guilty to all federal charges brought against him, including bribery charges announced last week.
While the lawsuit primarily focuses on allegations that commodities exchanges are not registered in the U.S., it could have broader ramifications for Binance and the cryptoasset industry.
Mysten Labs, the development team behind Sui, reached an agreement with the FTX bankruptcy estate on Wednesday to purchase FTX’s equity investment in Mysten Labs and Sui token warrants for $96.3 million in cash.
People involved in the blockchain scene generally agree that when it comes to holding your crypto safely, self-custody is the gold standard.
FTX, a major cryptocurrency exchange, has filed a Statement of Financial Statements (SOFA) report with the U.S. Bankruptcy Court in Delaware on March 17.
Blockchain analytics firm Chainalysis has reported a significant shift of funds from centralized exchanges (CEX) to decentralized exchanges (DEX) following the collapse of Silicon Valley Bank (SVB).
NBA star Shaquille O’Neal has been hiding out at home to avoid a class-action lawsuit filed by investors in November, according to his lawyers.
Stargate, a cross-chain liquidity protocol based on LayerZero, has been at the center of a debate regarding the reissuing of its STG token.
San Diego-based Silvergate Capital Corporation, the parent company of Silvergate Bank, has announced plans to “wind down operations” and liquidate the bank.
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has reiterated his stance that stablecoins and Ether are commodities and should fall under the purview of the CFTC.
Binance, the world’s largest crypto exchange, has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the total amount of verifiable funds via the exchange’s PoR system to over $63 billion.