FTX and FTX US seek even more funding following acquisitions: Report
Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January.
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Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated…
SBF Says FTX Has Up to $2B for Further Bailouts: Report
FTX CEO Sam Bankman-Fried has gone on record to calm nerves amid a prolonged market downturn characterized by several high-profile company failures. SBF to the Rescue Sam Bankman-Fried could step...
Third-Tier Exchanges “Secretly Insolvent,” Says FTX’s Sam Bankman-Fried
Sam Bankman-Fried, whose FTX exchange recently bailed out distressed crypto firms BlockFi and Voyager Digital to a combined tune of $800 million, has warned that more crypto exchange failures are...
Crypto exchange FTX is looking into acquiring Robinhood: Report
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.
E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin
The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s…
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and…
Alameda Bails Out Voyager Digital on News of 3AC Exposure
Voyager Digital has been revealed to have had $667 million in exposure to Three Arrows Capital; the company has secured a loan from Alameda Research to ensure its customers will...
SBF and Alameda step in to prevent crypto collapse contagion
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the…
Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future…
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