FTX News
Youtuber Coffeezilla Shares Insights About Collapse of FTX Exchange
Youtuber Coffeezilla breakdown the reasons for the collapse of the FTX exchange. Zhao selling tokens in the free market was intended to plummet FTT prices, says the Youtuber. Bankman-Fried let...
FTX Fiasco Leads to SOL Whale Liquidating Millions Amid Crypto Blood Bath
Major Solana whale has liquidated millions of SOL tokens. Binance-FTX fiasco is considered to be the major driver in the price drop. Solana has lost the spot as top 10...
CEO SBF Opens up After Binance Agrees to Acquire FTX
SBF breaks silence on FTX being acquired by Binance. The financial terms of the transaction have not been determined. Zhao signed a non-binding LOI to fully acquire FTX and help...
Binance Signs A Non-binding Contract to Aquire FTX Crypto Exchange
FTX crypto exchange called on Binance for help to protect its users. Binance agreed and signed a non-binding letter of intent to acquire the exchange. Previously, Binance CEO said they...
Miles Deutscher’s Analysis on SBF’s FTX Insolvency Rumors
Miles Speculates the fate of Almeda Research, and FTX is leading to insolvency. A leaked balance sheet showed FTX banking on unlocked FTT. CEO Caroline argued the sheet doesn’t reflect...
The Face-off between Binance and FTX Crypto Exchanges Explained
Binance is liquidating its whole FTT token holding as an exit risk management. Investigative reports revealed that FTX’s balance sheet contains FTT tokens with fewer independent assets. Analysts say the...
Crypto Exchange FTX Issues Support Updates; On Path of Recovery
FTX issued a series of support updates on its official Twitter handle. The team at FTX stated that the matching engines are running smoothly. The platform announced that it has...
SBF Appreciates His Community for Support During FTX Crisis
SBF thanked supporters for their help during the platform’s bad times. The tweet was in response to Binance’s decision to sell its FTX tokens. The CEO also addressed rumors spread...
Binance To Liquidate Its FTX Tokens As Post-Exit Risk Management
Changpeng Zhao announced that Binance would be liquidating all of its FTT holdings. Zhao confirmed that the move was a part of Binance’s plan to exit from FTX equity. Binance...
FTX CEO States Reasons for Backing Out from Joint Twitter Acquisition
Bankman-Fried states their strength was not needed as per Musk’s vision for Twitter. Since the acquisition didn’t make sense, Bankman-Fried said that they pulled away. The CEO of FTX believes...
SBF Confirms ADA Is Coming Soon on FTX, Hoskinson Responds
Sam Bankman-Fried confirms that he is working on adding ADA. SBF stated that since it’s a new blockchain, it takes some time to implement. Charles Hoskinson responds to SBF reply...
FTX To Bolster Its Presence By Expanding Services in MENA
FTX announced that they have officially launched their services in the UAE. UAE is already home to many crypto exchanges including Binance and Kraken. Bankman-Fried said in an interview that...
SBF Defends Crypto Regulation Proposal Against Erik Voorhees
CEO of ShapeShift and FTX CEO, SBF debate on proposed crypto regulations. “If DeFi front-ends catering to Americans need to be licensed, DeFi in America dies.” says Voorhees. Bankman-Fried stresses...
Hong Kong Government Announces Policy On Virtual Assets
Hong Kong Government published a policy statement on the development of crypto. The government of Hong Kong focuses on being open and inclusive towards the global community of crypto investors....
Bitboy Calls SBF Criminal as Duo’s Rivalry Flow Through Tweets
Crypto Youtuber Bitboy condemns FTX CEO, shares tweet calling him a criminal. FTX had recently named Coinbase while asked about the latest acquisition plan. SBF founded FTX in 2019 and...
FTX To Raise New Funds for “Effective Purchases” in Crypto Crash
New agreements can increase retail users despite the crypto bear market. As the cryptocurrency market has fallen, interest in FTX has risen recently. Bulls claim crypto has a long way...
Crypto Community Argues Over the Situation After FTX Lists ADA
The Cardano community argues the fate of ADA holders if FTX lists the coin. Youtuber says FTX will force-liquidate ADA tokens from the bankrupt lender Voyager. Cardano founder said he...
Bankman-Fried Explains Why FTX is Yet to List Cardano’s ADA Token
The crypto community challenged FTX for not listing the Cardano native token, ADA. FTX CEO said they are awaiting good Cardano validators parsing for deposits and withdrawals. Bankman-Fried believes Binance’s...
FTX Agrees To Give Users $6 Million As Phishing Compensation
FTX has agreed to pay $6 million in compensation to its affected account holders. Bankman-Fried emphasized that this was a one-time consideration. Several cryptocurrency traders sustained significant losses due to...
BitBoy Whistleblows SBF’s Decision To Create BitLicense
Ben Armstrong has been closely watching SBF’s activities for a month. The crypto YouTuber earlier criticized SBF for creating BitLicense in the US. Armstrong assures BitLicense would make decentralized transactions...
FTX CEO, SBF Releases Draft That Proposes Crypto Regulation
CEO of FTX release a draft of set standards that could be enacted in the crypto space. The draft touches on important aspects of the industry and considers real-life scenarios....
A Validator’s Job Is To Validate Only: Says FTX CEO SBF
Sam Bankman-Fried took to Twitter to jot down his thoughts on various topics. SBF says for crypto or any commerce to perform it requires peer-to-peer transfers and freedom. FTX in...
Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
Cobie from UpOnly has criticized FTX and Binance for listing Aptos. Aptos made its debut on the mainnent on October 17. Another critic says Aptos currently has a lower TPS...
‘FTX CEO Works Behind the Scenes To Create BitLicense,’ Says Ben
Ben Armstrong points fingers at FTX CEO for working under the hood for a BitLicense. ‘Federal BitLicense will make decentralized and peer-to-peer transactions illegal’, says Armstrong. A crypto enthusiast stated...
FTX Loses 100 Million XEN Tokens to GAS Theft Vulnerability
Bad actors mint XEN tokens for free while FTX pays for the transaction. The exchange has lost above 81 ETH due to the GAS theft vulnerability. A vulnerability assessment suggested...
