Bitfront Crypto Exchange Shuts Down, Announces Withdrawal Deadline
The U.S. crypto exchange, Bitfront backed by the Japanese social networking company Line Corp, announced it has halted new sign-ups and credit card payments and will close its…
FTX
Executive Departs AAX Exchange Amidst Operational Stoppage
Ben Caselin, the AAX exchange’s vice president for global marketing and communications, announced his resignation, citing a lack of trust in the brand.
Alameda Reportedly Withdrew $204M From FTX US Days Before Exchange Collapsed
Alameda Research allegedly withdrew a wide amount of cash from FTX US, FTX crypto exchange’s US affiliate, a few days before the crypto company…
Binance Launches Crypto Recovery Initiative, Industry Leaders Join Force
The largest cryptocurrency exchange in the world, Binance, has unveiled the Industry Recovery Initiative, a $1 billion fund designed to assist struggling crypto businesses…
IOSCO Seeks to Regulate Cryptocurrency Sites After FTX Crash
The new chair of global securities watchdog International Organization of Securities Commissions (IOSCO), Jean-Paul Servias said in an interview that the recent sudden collapse…
Crypto Will Survive FTX as It Survived Mt.Gox: Chainalysis
Chainalysis, a blockchain analytics firm, made the Mt.Gox comparison showing the FTX fall was not the first time the crypto community had been jolted…
Turkey Is Investigating SBF For Fraud; Assets Seized
Sam Bankman-Fried, the former CEO of FTX exchange, is the subject of an inquiry into possible fraudulent activity in Turkey, according to a statement…
Binance Dominates 64% Market Share After FTX Demise
FTX’s bankruptcy has caused investors to migrate massively to the rival exchange Binance, which currently dominates with a 64% market share among the top…
FTX Bankruptcy Filing Uncovers The Lies Of Bankman-Fried
The bankruptcy petition for FTX was made public yesterday, and it has revealed various falsehoods about Sam Bankman-Fried and his workers, demonstrating that the…
Investors File Lawsuit Against Celebrities that Promoted FTX
This drama of FTX enters yet another week. Several respected members of the industry have spoken out against Sam Bankman-Fried, describing him as a…
Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars
Temasek, a private business established by the Singaporean government in 1974, has decided to treat its investments in the defunct FTX exchange as a…