Bankman-Fried told FTX.com investors Wednesday that without a cash injection the company would need to file for bankruptcy.
Genesis Trading, the market maker and lending arm of Digital Currency Group, said that its derivatives firm had over $175 million worth of fund stashed in an FTX brokerage account…
The cascading effect of FTX’s fall is now being felt across the crypto space. In the latest, crypto lender BlockFi has paused withdrawals.
“Given the lack of clarity on the status…
Laser Digital, cryptocurrency subsidiary of Japan’s banking behemoth Nomura, will launch an institutional trading platform by the first quarter of 2023. Nomura is Japan’s largest brokerage and investment bank.
Laser Digital’s trading…
In the wake of FTX's collapse, Coinbase CEO Brain Armstrong has claimed that his firm is not vulnerable to any FTX-type shock or collapse. He also pointed to possible reasons…
Claire Huang, a business writer for The Straits Times (TST), reported that a Temasek Holdings spokesperson had been speaking with FTX as of Nov. 9, 2022.
Founded in 1974, Singapore's state-owned holding…
Cardano co-founder Charles Hoskinson has said the collapse of FTX cryptocurrency exchange might be the last of the crises in the digital assets space. He also noted that it will…
After a brief period of sporadic unavailability, the financially struggling cryptocurrency exchange FTX has restored service to its website. The trading platform currently displays a message informing customers not to…
Since the billionaire Elon Musk’s acquisition of social media giant Twitter, many popular users have vowed to leave the website. Nonetheless, this does not hinder the new leadership at Twitter…
[This is a Press Release]
The flare-up of cryptocurrencies has risen in the last few years, and more and more people are looking for new ways to trade. Traders around the…