Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told…
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Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market.
FTX Is Bust and Crypto Is Plummeting. What Happens Next?
Yet another disaster has hit the crypto space, but there are reasons to stay positive, Chris Williams writes. FTX and Alameda Go Bust News of Binances plans to bail out...
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has…
Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.
SBF Scrambles to Cover Tracks After FTX Blowup
Before agreeing to sell FTX.com to Binance, Sam Bankman-Fried assured his Twitter followers that the exchange was in good financial standing in several since-deleted tweets. Apparently, it wasnt. SBF Goes...
Binance tops up SAFU fund at $1 billion amid price fluctuations
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on.
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient.
FTX-Binance standoff highlights the need for clear rules — Sen. Lummis
Market manipulation, lending activity and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days.
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
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