FTX News
FTX’s Former General Leads Backpack Exchange Launch: Report
The former executive team of FTX has disclosed the launch of Backpack Exchange. The project that intends to solve the issues that caused the FTX…
FTX Sues Bybit and Affiliates Alleging Withdrawal of $953: Report
FTX sues Bybit, its investment branch Mirana Corp, and an affiliated crypto exchange, Time Research. The platforms allegedly withdrew a total of around $953 in…
The Fed’s Fund Rate Correlates With Stablecoin Liquidity: Analyst
Two significant stablecoin liquidity drops have occurred since Terra and FTX crashed. Last September 2022, the Fed raised interest rates by 75 basis points from…
NYSE President Tom Farley’s Bullish Leads the Rally to Relaunch FTX
New York Stock Exchange (NYSE) President Tom Farley’s Bullish is one of three suitors bidding to relaunch FTX. A list of around 70 companies interested…
John Deaton Discusses Sam Bankman-Fried Trial and Implications for the Industry
John Deaton and Wendy O expressed their belief that Sam Bankman-Fried was convicted swiftly compared to similar cases. Deaton and Wendy discussed the notion that…
FTX Moves to Sell-off 1M Solana After SOL Grows 90% To $43.79
FTX and Alameda transferred $38.5 million in cryptocurrencies to exchanges in 24 hours. FTX's Solana reserves are nearly exhausted after one million SOL worth $43…
Silicon Valley Firm Proof Group Joins Race to Revive FTX
Proof Group, the successful bidder for Celsius, is now attempting to revive the collapsed exchange FTX. FTX's potential relaunch options reportedly include a sale or…
FTX Transfers $19M Worth of SOL and Deposits 1500+ETH, What is Happening?
Lookonchain tweeted that FTX transferred $19 million worth of SOL out and deposited 1,583 ETH to exchanges. FTX founder is guilty of seven charges and…
FTX Unstaked 3.96M SOL and Transferred 750K SOL; Community Expects Bearish Season
Lookonchain reported that FTX unstaked 3.96 million SOL two days ago and transferred 750,000 SOL to Binance and Kraken. The crypto community was expecting the…
FTX Creditors Seek Permission To Sell $744M Worth of Trust Assets
FTX’s creditors filed a request to US bankruptcy court for authorization to sell certain assets held in trusts. The assets include five trusts held by…
