FTX News
Months to Collapse, FTX Offered 8% Interest on USD & BTC Deposits
FTX offered 8% interest on USD deposit product a few months before its collapse. Binance CEO said people should avoid businesses that offer high incentives for…
Elon Musk Says FTX CEO Set Off His “Bs Detector” With Twitter Deal
Sam Bankman of FTX offered Elon Musk $3 billion to help acquire Twitter.The FTX CEO also proposed a blockchain integration for Twitter.Musk says SBF set…
Charles Hoskinson: Tough Crypto Laws Possible After FTX’s Failure
Cardano’s co-founder said that ‘crypto didn’t fail but people failed’.FTX’s case can damage the industry or possibly offshore the American crypto industry.He suggested honest and…
More Info on Mismanaged Funds Emerge after FTX Bankruptcy Filing
A finding by Reuters alleged that over $1 billion of customer funds vanished from FTX’s coffers.FTX’s former CEO reportedly transferred $10 billion of customer funds…
FTX Faces $600 Million Crypto Hack; Instructs Users To Uninstall
FTX suffers a $600 million crypto hack.FTX support team instructs users to delete all FTX apps.ETH, SOL and BNB exit FTX and move to other…
CPI Reduces Interest Rates Announcement Comes to Rescue Crypto
US labor statistics bureau reported an increase of 0.4% increase in October.If the bulls keep pushing BTC it could hit $19,400, the region where it…
Chervinsky Feels FTX’s Loss Cannot Justify Regulations in US
US jurisdiction would not apply to FTX since it didn't have any US customers.Lawyer Chervinsky feels applying regulations would be counterproductive.The community believes US regulations…
FTX Exchange Resumes Withdrawals for Ethereum and Polygon
FTX exchange resumes withdrawals of Ethereum and Polygon.The near-bankrupt exchange decided to halt withdrawals due to a liquidity crunch.FTX takes an unprecedented fall and seems…
Lawmaker Says Gensler Helped FTX in Obtaining Regulatory Monopoly
Minnesota lawmaker claimed that Gensler was backing FTX and its founder.FTX and Bankman-Fried are accused of finding legal ways to obtain a regulatory monopoly.Dane Lund…
FTX Crash: US White House Escalates Its Crypto Regulation Rhetoric
White House Secretary said stronger oversight of crypto is necessary to prevent hurting Americans.Binance CEO said FTX's fall was terrible for the crypto industry due…
