Binance’s CZ says users share blame for placing trust in FTX, should take responsibility
The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered.
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Edward Snowden, Elon Musk Optimistic About Bitcoin Despite FTX Collapse
Edward Snowden and Elon Musk believe Bitcoin will be fine despite FTX imploding last week, with Snowden even stating he was considering increasing his exposure. BTC Will Make It Some...
Former Huobi-linked entity says it has $18.1 million stuck on FTX
Lin Li, the company's founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients.
Manhattan District Attorney’s Office probes FTX collapse: Report
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11.
Crypto.com CEO addresses whereabouts of $1B in stablecoins sent to FTX
CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,”…
Crypto.com’s CRO token is in trouble but a 50% price rebound is in play
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market.
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.
AAX reiterates withdrawal halt is unrelated to FTX contagion
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates.
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think…
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