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SEC Charges Ex-Director of FTX: Is SBF in trouble again?

Nishad Singh, ex-director of FTX, pled guilty to wire fraud, conspiracy to conduct wire fraud on FTX clients, and commodities fraud. Now he is being sued by the SEC and the CTFC. Let's find out more.

March 02, 2023 06:42 PM

FTX collapse made leaving currencies in the exchange risker

According to multiple market participants, insurers are denying or limiting coverage to clients with exposure to the bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for losses caused by hacks, theft, or lawsuits.

December 26, 2022 05:59 PM

Analysis of Post FTX Collapse

FTX collapse left the market frenzy. The crypto market is still struggling to get back on track. Many crypto projects have lost their value. The market is trending towards a new regulatory frame.

December 07, 2022 09:44 AM

Will Binance purchase FTX assets?

Binance chief CZ stated that the fund will initially have $1 billion available to purchase distressed assets noting the FTX collapse and that amount might expand.

November 25, 2022 07:48 PM

IMF: Africa's Growing Crypto Market Needs Better Regulations

The demise of FTX is one of the reasons why countries in the area believe that the risks of crypto assets are obvious and that it is time to regulate.

November 25, 2022 05:32 PM

What Factors Led to the Downfall of the FTX Exchange?

Binance previously stated that it chose to withdraw from the transaction as a consequence of its due diligence on FTX and press reports concerning US investigations into the firm.

November 25, 2022 10:16 AM

The cryptocurrency sector has endured worse events than FTX's bankruptcy

Chainalysis, a blockchain analysis company, compared FTX's bankruptcy to the collapse of Mt. Gox to assess how it will affect the ecosystem.

November 24, 2022 05:53 PM

Musk Disses SBF, Says "He Was Better At Bribing The Media Than Managing FTX"

Elon Musk and Changpeng Zhao are two of the most well-known persons who have expressed their disgust with SBF in the aftermath of the FTX mishap.

November 24, 2022 05:52 PM

NFTs: Do They Still Prevail?

Even in a Bear Market, a Bored Ape Sells for Nearly $1 Million, and a golden-fur Ethereum NFT despite a downward trend in wider Bored Ape Yacht Club values.

November 24, 2022 08:32 AM

OKX launched "proof of reserves page", with self auditing intros

The exchange is also introducing an Independent Custodial Wallet, which enables institutional clients to hold the keys to their money and secure their assets independently from the exchange's reserves.

November 24, 2022 07:38 AM

SBF to Speak at Newyork Times Dealbook Summit

Bankman-Fried wants to talk with Times reporter Sorkin on Wednesday. The creator of FTX has cut back on recent public appearances.

November 24, 2022 07:29 AM

FTX Collapse was “Inevitable”, On-Chain Data Reveals

November 5, 75 million FTT were moved off FTX, signalling a sell-off following this occurrence. It also indicated a deep-rooted financial issue with the crypto exchange.

November 24, 2022 07:00 AM

The Market Mood swings: Revisiting the FTX Fiasco

According to the founder of a crypto exchange, his enterprise might have lasted. It crumbled within days, resulting in one of the decade's worst financial disasters.

November 23, 2022 07:54 PM

Investors scramble to short crypto funds as hostile sentiment rises after FTX crash

As of the week ending Nov. 18, $44 million had been invested in crypto products and funds, but statistics showed that 75% of those investments were made in shorting crypto products.

November 23, 2022 03:02 PM

FTX collapse continues to harm digital assets, US senators calls on Fidelity

The senators continued by saying that Fidelity shouldn't be subjecting its customers' retirement savings to an "unnecessary risk" given the nation's current retirement security crisis.

November 23, 2022 02:50 PM

Institutional investors continue to buy crypto amid crypto winter

According to a poll, institutional investors have continued to pile up on cryptocurrency because they believe it has long-term promise.

November 23, 2022 02:21 PM

Solana Made a Slope Down the Valley, Can it Really Go Up?

Solana is now selling for less than $12, down 96% from its highest price. It has taken a significant impact as a result of the demise of FTX.

November 22, 2022 11:57 AM

Proof of Reserves (PoR)

A Proof of Reserves audit indicates that an exchange is collaborating with a third-party crypto auditor to guarantee that it has assets on its balance sheet and that customer holdings are balanced.

November 22, 2022 10:07 AM

FTX Seeks Aid from Other Exchanges in Securing and Replacing Lost Funds

FTX appealed for assistance from its partner cryptocurrency exchanges, pointing out that money stolen from the exchange in trouble is being transferred to other businesses through intermediary wallets.

November 22, 2022 09:05 AM

CEO Garlinghouse said Ripple is considering offers for FTX assets

FTX, a defunct cryptocurrency exchange, is apparently interested in selling some of its assets to Ripple CEO Brad Garlinghouse.

November 22, 2022 08:59 AM

DeFi Protocols and NFTs Upsurged in Between FTX Fiasco

When compared to prior weeks, major blockchains experienced a more than 300% rise in daily earnings in DeFi protocols.

November 22, 2022 08:08 AM

MONERO Slightly Spikes After a Short Fall

XMR is testing the resistance level, which is located between $134 and $136.

November 22, 2022 07:59 AM

New filing shows that FTX owes more than $3 Bn from 50 investors

According to recent court documents, the 50 largest unsecured creditors of Sam Bankman-Fried's defunct crypto empire FTX are owed more than $3 billion.

November 21, 2022 06:54 PM

Bitcoin Sell-off Triggered Another Fall

The price of Bitcoin (BTC) might rise by 18% to $18,784 if it can retrace its steps of the $15,550 support level.

November 21, 2022 10:56 AM

After the FTX crash, Vitalik Buterin offered guidance for cryptocurrency

After the FTX crash, Vitalik Buterin, co-founder of Ethereum, came out, sharing his opinions and some takeaways from one of crypto's largest mishaps.

November 21, 2022 08:34 AM

Head of US panel questions the FTX management for information

The former and current CEOs of FTX were ordered to provide information on the exchange's past and present financials in a letter from the chair of the Subcommittee on Economic and Consumer Policy.

November 19, 2022 06:34 PM

FTX Crash Pulls Down The Whole Crypto Market, Records Lowest in the Year

The cryptocurrency sector is still recovering from one of the greatest crises, and its market capitalization has taken a severe hit.

November 18, 2022 03:12 PM

Zhao rejected the rumor that SBF was a "psychopath" for his tweet

Regarding one of SBF's most recent public statements, CZ was reported as saying, "I think only a psychotic can post that tweet," but then denied the claims, stating that Binance does not seek to obliterate lesser platforms.

November 18, 2022 02:31 PM

The transfer of FTX's digital assets was mandated by the Bahamas' securities regulator

The Bahamian Securities Regulator has explained that on November 12 it instructed FTX to transfer its digital assets to a wallet that belonged to the commission.

November 18, 2022 12:21 PM

After the merger, Ether Staking Yields Reach an All-Time High of 25%

Simply staking ether on Lido yields 10% annually, while a more complex manoeuvre can increase yield to up to 25%.

November 17, 2022 09:15 PM

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