Searching for: "

FTX

"


FTX

 
Description
FTX is a cryptocurrency exchange built by traders, for traders.

FTX’s leveraged tokens provide a clean, automated way for users to get leverage. The BULL and BEAR tokens automatically manage their exposure, rebalancing daily to maintain their target leverage and prevent liquidations.
Show More

Sort By: Relevance | Latest

New York AG wants retirement fund crypto ban
Letitia James advocates banning bitcoin in 401(k)s and IRAs. Half of U.S. investors want crypto in 401(k)s. The NYAG distinguished digital assets from blockchain technology.

Bitpanda is Germany's first "European retail" crypto platform.
Bitpanda has a crypto custody license from BaFin. Austrian crypto exchange can legally market to Germans. Bitpanda is regulated in Austria, the UK, Italy, the Czech Republic, Spain, Sweden, and France.

Decentralists criticize Uniswap's new privacy policy.
Some crypto community members say this violates decentralized ideals. The cryptocurrency's developers. Firo said Unisweap's privacy change is "dangerous precedent" for DEXs.

Genesis rejects bankruptcy plans
Genesis, a cryptocurrency loan startup, has denied reports that it is contemplating a "imminent" bankruptcy case. According to reports, the company had difficulty acquiring funds for its lending section and informed investors that it would have to declare bankruptcy. Genesis said on November 16 that withdrawals had been temporarily halted due to "unprecedented market turmoil" after FTX's demise.

US court sets deadline for Celsius bankruptcy claimants
The U.S. Bankruptcy Court in New York State has approved a new filing deadline for former Celsius users to make claims against the former digital assets lender. Any person or entity - which covers individuals, partnerships, corporations, joint ventures and trusts - who wishes to do so must submit a proof of claim by Jan. 3, 2023, 5:00 pm Eastern Time. The decision comes after independent examiner made an allegation Celsius had 'insufficient' accounting and operational controls.

Bill Ackman predicts crypto will remain
Bill Ackman says he remains bullish about cryptocurrencies, despite recent challenges. Ackman is the CEO and founder of hedge fund management firm Pershing Square Capital Management. He believes there's a need to increase oversight and remove "fraudulent actors". The billionaire has called for the removal of regulatory barriers and easing of regulations in New York.

Vitalik Buterin gives crypto lessons after FTX crash
Vitalik Buterin says collapse of FTX contains lessons for the entire crypto ecosystem. He said exchanges should create "cryptographic proofs that show that the funds they hold on-chain are enough to cover their liabilities". The problems for FTX are understood to have stemmed from the exchange's use of customer deposits for other purposes.

Crypto sleuth debunks 3 FTX hack myths
ZachXBT shares his findings on what he sees as the three most common misconceptions about the FTX hack. The self-proclaimed "on-chain sleuth" debunked speculation that Bahamian officials were behind the hack, that exchanges knew the hacker's true identity, and that the culprit is trading memecoins. FTX filed for bankruptcy Nov. 11, with more than $650 million transferred off the wallet. ZachXBT argues that the 0x59 address associated with the hacker was a blackhat and not affiliated with the FTX team or the Securities Commission of the Bahamas (SCB). He also highlights the potential misinformation surrounding the claim the hacker's identity had been discovered by Kraken or other exchanges. Instead, he claims the transfers have been "spoofed" on the Etherscan network, explaining how transactions can be faked.

Ripple considers FTX trades Garlinghouse
Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. Former FTX CEO Sam Bankman-Fried called him two days before the company filed for bankruptcy as he sought to round up investors to rescue the business. Approximately 130 companies affiliated with FTX, including FTXUS, were included in the bankruptcy filing in Delaware.

South Korea probes crypto exchanges for local tokens
Korean Financial Intelligence Unit (KoFIU) launched a probe into crypto exchanges in relation to listing their in-house, self-issued tokens. While Korean crypto exchanges are barred from issuing native tokens, KoFIU's probe into the same is to ensure regulatory adherence for investor's safety. Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea.

Singapore police warn of FTX phishing scams
Singapore police warn against fake websites claiming to be hosted by the U.S. Department of Justice. The websites claim to be able to recover funds from now-bankrupt cryptocurrency exchange FTX. An estimated 1 million investors and creditors have been affected by FTX's bankruptcy. Singapore has pursued stricter regulations around retail trading and self-hosted wallets.

Due to conflicts of interest, SBF's attorneys drop FTX
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern District Court. The claim related to Shin's involvement in selling pre-issued Terra tokens to unwary investors.

South Korea seizes $104M from Terra's co-founder on unjust earnings.
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern District Court. The claim related to Shin's involvement in selling pre-issued Terra tokens to unwary investors.

US subcommittee chairman requests FTX information.
The former and current CEOs of the bankrupt FTX cryptocurrency exchange have been asked for documents relating to the exchange's finances. Raja Krishnamoorthi, Chairman of the Subcommittee on Economic and Consumer Policy wrote a Nov. 18 letter addressed to both former FTX CEO Sam Bankman-Fried and current CEO John J. Ray III. He insisted the exchange hand over a slew of information relating to its finances.

Warren and Durbin seek answers from Bankman-Fried and FTX's successor
Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX. They asked for more information on the collapse of the cryptocurrency exchange. They noted "the apparent lack of due diligence by venture capital and other big investment funds". The lawmakers made 13 requests for documents, lists and answers.

Jump Crypto denies closing due to FTX losses
Jump Crypto,FTX,BlockFi

Pompliano said the market was FTX's "judge, jury, and executioner."
Former FTX CEO Sam Bankman-Fried is a pariah in the crypto industry for "careless" mishandling of customer funds and strange behavior on Twitter.

Alameda loaned SBF $1B: FTX bankruptcy filing
Former FTX CEO Sam Bankman-Fried received a $1 billion personal loan from one of four silo companies deeply involved in the collapse of the FTX cryptocurrency exchange. Chapter 11 filing will look to implement controls on accounting, auditing, cybersecurity, human resources and other systems. The debtors have only secured "a fraction of the digital assets" they had hoped to recover. Cold wallets containing $740 million of cryptocurrency have been obtained, but it's not clear which silo the funds belong to.

Trust Wallet connects Binance Pay and Coinbase Pay
Trust Wallet launched its browser extension, now available in Chrome and Opera browsers. The extension lets users store, send and receive crypto across all EVM chains and Solana networks. Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, stating "self-custody is a fundamental human right".

Bitvo abandons FTX purchase
Bitvo's shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading. The firm emphasized that its operations have not been affected. Bitvo has never owned, listed or traded the FTX Token FTT or "any similar token". The FTX-owned crypto exchange Liquid suspended its fiat and crypto withdrawals on its Liquid Global platform. FTX acquired the Japanese exchange and its affiliates in February 2022.

Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.

FTX Affirms to 'Unauthorized Access’ to Some Assets, Working With Law Enforcement
After confirming the recent incident of unauthorized access" to its crypto holdings, citing a hack, FTX’s general counsel Ryne Miller took to his Twitter on Saturday to explain that the exchange is now working with law enforcement

Mercedes F1 Team Terminates FTX Partnership
Mercedes formula one (F1) team suspended its sponsorship deal with troubled crypto exchange FTX.

Galois Capital Declares Half of its Funds is Stuck with FTX
Galois Capital has revealed it has significant exposure to the bankrupt FTX

Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown
Elon Musk said he did not believe FTX's former CEO, Sam Bankman-Fried did not have the capacity to invest in Twitter

Binance CEO Says the Industry has been Setback a Few Years With FTX Saga
The collapse of FTX, according to Binance CEO, Changpeng Zhao has set the industry back by a few years

FTX Officials Says the Exchange Has Been Compromised by Hackers
Despite being the most embattled exchange, FTX has suffered a multi-million cyberattack

FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report.

FTX Enters Bankruptcy as Sam Bankman-Fried Steps Down as CEO
Troubled crypto exchange FTX filed for Chapter 11 bankruptcy protection in the U.S., with Sam Bankman-Fried resigning as the CEO.

White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises
White House's Press Sec Karine Jean-Pierre said the administration is monitoring the FTX saga

Despite Closed Door, Justin Sun Says He's Ready to Inject Billions into FTX - Report
Justin Sun of Tron blockchain said he is ready to commit billions to bail out FTX

It is High Time to Rethink Holding Strategies as FTX Crisis Roams, Says Blockchain.com CEO
Speaking on CNBC’s “Closing Bell” Thursday, Blockchain.com CEO Peter Smith deemed the collapse of crypto exchange FTX as “a tragedy and total failure of governance.”

Crypto Social Activities Hit ATH with Over 6.9 Billion Engagements amid FTX Crisis
The unfolding FTX saga has made social engagement, social mentions, and social contributions reach historic highs in the crypto market, according to social intelligence company LunarCrush.

Bitcoin Gains Momentum Based on Positive CPI Numbers
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.

BlockFi Suspends Withdrawals Following FTX Crisis
Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX.

Was the Secret Transfer of $4 Billion to Alameda, FTX's Undoing?
Reports have it that Sam Bankman-Fried funded Alameda Research with FTX customer deposits. Many believes this was the downfall of the firm

Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push

SEC Chair on FTX Collapse: Investors Need Better Protection
SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse

Hodlnaut Held Up to $13m on FTX Prior to Withdrawal Halt
Bankrupt crypto lending firm Hodlnaut may have $13M locked in FTX

Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions
Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg.

Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis
With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves concept has engulfed the crypto sector with more exchanges gearing towards showing more transparency.

Sequoia Capital's $213.5m Investments in FTX Marks Down to $0
Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.

Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.

Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety
Investors are withdrawing their funds from exchanges amid the FTX implosion

Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B

No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.

FTX's Fall Might Hurt CEO's Crypto Regulation Lobby
The mid-term election in the US is playing a role in influencing and reshaping the regulatory landscape of the crypto industry amid the turmoil brought about by the collapse of the crypto exchange FTX.

FTX Downfall Leaves Crypto Market in FUD Sentiment
FTX native token FTT has fallen 71.6%, CoinGecko showed, and the firm's net crypto asset holdings have plunged 83% in just the past two days, making SBF's total assets lose an estimated $14.6 billion – nearly 94% of his total wealth.

Binance to Acquire FTX Global Amid Broader Market FUD
Binance CEO has unveiled it might be acquiring FTX Global to help stabilize the embattled firm

SBF Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday
FTX CEO Sam Bankman-Fried retreated his crypto exchange and assets are fine, trying to boost confidence to his investors, as speculation mounted over the weekend about the solvency of the exchange.

Binance is Not In "a War" With FTX, Says Co-Founder Yi He
Co-founder and chief customer service of Binance exchange, in an explanation on Twitter, claimed that Binance is not in a war with FTX and has no intention of engaging in drama.

FTX Sees Native Token FTT Tumble by 15% Following Binance Selloff
Popular crypto exchange FTX has witnessed a massive dip in the price of their native token, which has come about after an increase in withdrawals kickstarted by another top crypto exchange Binance, who planned to sell off all their FTX tokens.

Binance Liquidates Entire FTT Holdings
Binance is liquidating its remaining FTT holdings, according to the crypto exchange CEO Changpeng "CZ".

Sam Bankman-Fried May Cashout Up To $100M from Twitter Buyout
Sam Bankman-Fried is set to cash out about $100 million from Twitter per his earlier investment in the company.

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.

FTX CEO Quits Crypto Policy Debate, Allows Crypto Twitter to Carryon
FTX's Sam Bankman-Fried has willingly left crypto policy debates to "Crypto Twitter"

FTX Looking to Launch its Own Stablecoin - Sam Bankman-Fried
FTX CEO Sam Bankman-Fried has given a hint that the exchange will launch its own stablecoin

Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It
After much criticism following his support of the uploaded DCCPA bill, FTX CEO Sam Bankman-Fried has again taken to Twitter to explain further on the bill.

FTX Users Lose Millions due to API Exploit
A new method of stealing crypto funds has rendered massive losses for FTX users.

Voyager Customers Could Get 72% if Bankruptcy Sale Succeeds
Bankrupt crypto lender Voyager may repay customers 72% of their accounts' value if the company can sell itself to digital-asset exchange FTX US.

FTX.US, Founder Sam Bankman-Fried Are Under Probe by Texas Regulators
Texas Regulators are investigating FTX.US over its high-yield, interest-bearing accounts.

FTX Boss Is Rethinking On $1B Political Donation, Calls It A Slip of Tongue
Democratic cryptocurrency exchange founder Sam Bankman-Fried said in the past that he could spend a record $1 billion in the 2024 US election.

FTX CEO Says His Brand is "Totally on Board With Regulation"
Sam Bankman-Fried said he has a positive disposition to regulation as it is the right thing to do

Crypto Exchange FTX Expands Visa Debit Card in 40 New Countries
The move signals efforts by crypto and traditional financial networks to make digital assets become more mainstream.

Crypto Exchange FTX Lists Dollar Spot Index Perpetual Futures
Cryptocurrency exchange FTX has listed perpetual futures linked to the US dollar spot index, and it is expanding its business scope to the field of foreign exchange derivatives trading.

CME Group Proposes Direct Crypto Derivatives Trading to Regulators
CME Group is now proposing a new approach to crypto derivatives. The new approach could signal big structural shifts for traditional financial derivatives away from intermediaries.

FTX's Bankman-Fried Considering to Bid on Celsius' Assets
Sam Bankman-Fried is considering bidding for the assets of bankrupt lender Celsius Network, according to a source familiar with the matter.

FTX.US President Brett Harrison to Step down
FTX.US will name a new chief for its crypto business to succeed Harrison, who will depart within the next few months.

FTX Wins Bid to Take Over Bankrupt Voyager's Assets
FTX took over bankrupt crypto brokerage Voyager Digital Ltd.'s assets after winning an auction with a bid of about $50 million, the information was shared by people familiar with the matter.

Kwil Receives $9.6M in Funding from FTX Ventures and DCG
Decentralized database solutions Kwil has received a $9.6 million fundraise from crypto venture capital firms FTX Ventures and Digital Currency Group (DCG) according to a filing lodged with the United States Securities and Exchange Commission (SEC)

FTX to Raise up to $1 Billion at $32 Billion Valuation: Source
Crypto exchange FTX is raising as much as $1 billion at a valuation of around $32 billion, according to CNBC, citing people with knowledge of the discussion.

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.

Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.

UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.

FTX EU Secures License from CySEC in European Expansion Move
Following its acquisition of a local investment firm, FTX Europe said it has received the Cyprus Investment Firm License as granted by the country’s Securities and Exchange Commission (CySEC).

Ethereum PoW Hardfork Token's IOU Accepts Trading on 5 Exchanges
At least five crypto exchanges, including Coingecko, FTX, MEXC Global, Bybit, Gate.io and FTX.US, accept ETHW, the latest listed an IOU of the potential token for trading.

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility
Despite market volatility and a recent decline in value, Ontario Teachers Pension has continued embracing its crypto business investments.

FTX Ventures Looks to Acquire 30% Stake in SkyBridge Capital - Report
FTX Ventures has announced its intention to take a 30% stake in the crypto exchange, Skybridge Capital, using its investment division

FTX Ventures Leads $300m Series B Funding for Mysten Labs
Mysten Labs, the startup behind the highly hyped Sui blockchain protocol, has raised $300 million from top investors in the Web3.0 ecosystem.

GameStop Announces Partnership with FTX US
GameStop, the world's largest video game retailer headquartered in Texas State, announced that it has signed a partnership with FTX US ("FTX") to become FTX's preferred retail partner in the United States.

Former CFTC Commissioner Joins FTX.US Board
FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors

FTX CEO Says Crypto Winter Bailout had 'Mixed' Results
Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange, has shared his hopes about the company’s bouts of investment in distressed crypto firms

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.

Sam Bankman-Fried Denies FTX Has Plans to Purchase Stake in Huobi
Sam Bankman-Fried is a well-known figure in the digital currency ecosystem, and while his personality gained popularity as a proficient crypto trader, his investment prowess is now largely standing out.

FTX Denies Rumours of Merging between Alameda Research and FTX VC
Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations.

Alameda Research co-CEO Sam Trabucco Resigns
Sam Trabucco, co-CEO of Alameda Research, an encrypted digital asset fund, announced on Twitter that he would resign from his leadership position to focus on other personal matters.

Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.

FTX Derivatives Exchange Revenue Tops $1B in 2021, Report Says
The financial record of FTX Derivatives Exchange for the 2021 financial year has shown that the company’s revenue topped the $1 billion mark according to leaked earnings documents seen by CNBC.

Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter
Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go of up to 74 of its staff

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection
FDIC sent letters to five crypto firms requesting them to stop making false claims about deposit insurance.

FTX Partners with Paradigm for 'One-Click' Futures Spread Trading
Crypto assets trading platform FTX has partnered with Paradigm, one of the largest institutional liquidity network in launching a “one-click” future spread trading that integrates eight (8) different cryptocurrencies

FTX Gets Full Approval to Operate Crypto Exchange in Dubai
FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.

Crypto Exchange FTX Offers Stock Trading Services to All Users in US
Cryptocurrency exchange FTX.US has opened stock trading services to all users in the US.

FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bail out Voyager Digital.

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.

FTX Proposes Joint Proposal to Bailout Bankrupt Voyager's Customers
FTX has announced a joint plan that seeks to see Voyager digital customers immediately receive some of their funds. The proposal expects Voyager to continue pursuing Three Arrows Capital for additional recoveries.

Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
FTX, a 32 billion crypto exchange, is in discussions to buy its rival Bithumb exchange. The deal is reported to be in an advanced stage, though financial terms are still undisclosed.

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign
FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.

Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund
Anthony Scaramucci, the founder of hedge fund SkyBridge, is suspending redemptions of his Legion Strategies fund due to operational difficulties for private companies caused by the sharp fall in the cryptocurrency market, according to Bloomberg.

Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion. Reportedly, the company is seeking at least $200 million in funding.

Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms
While there has been no news of Tron bailing out any crypto firm thus far, Sun said he is willing to commit as much as $5 billion to save distressed crypto outfits

FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says
FTX, a leading crypto exchange, is willing to splash a few billion to help struggling companies amid the present cryptocurrency winter, according to the exchange’s CEO and founder, Sam Bankman-Fried.

FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal
Sam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector

FTX Abandoned Discussions to Celsius Network Acquisition - Report
FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.

Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX
Bailing out the crypto lending platform BlockFi has come off as one of the most significant endeavours for early investors in the company such as Morgan Creek Digital.

FTX Denies Making Internal Deliberations on How to Acquire Robinhood
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc.

FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings
FTX US has announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC for an undisclosed sum.

BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange
Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.

Fed Is Driving Current Downturn, Crypto Billionaire Says
While investors have become increasingly concerned with rising inflation, the Fed planned to address it by hiking interest rates. The central bank has been clear with regards to what it would do to control inflation.

FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg
Sam Bankman-Fried said his company is awash with excess liquidity and drawing on this, FTX Derivatives exchange is set to make a number of strategic acquisitions moving forward.

FTX Quietly Seeks to Buy Brokerage Startups Amid Move into Stock Trading
FTX has reached out quietly to at least three stock trading start-ups seeking an acquisition. The deals come as the crypto exchange recently launched stock trading.

Sam Bankman-Fried Donates $16m to Democratic Super PACs in April: Bloomberg
FTX Derivatives Exchange’s Chief Executive Officer Sam Bankman-Fried has doubled down in his donations to Democratic-led Super Political Action Committees (PACs), with a total donation of $16 million in April.

FTX.US Has Opened a New Headquarters in Chicago
FTX US has opened its headquarters in Chicago as it seeks to strengthen its business and solidify its base with United States regulators.

FTX Taps Eventus for Global Crypto Trade Surveillance and Risk Monitoring
FTX will use the Eventus Validus platform to meet all of its global crypto trade surveillance needs.

Goldman Sachs Lobbying FTX Exchange for an IPO Move
American investment banking giant, Goldman Sachs is notably lobbying FTX Derivatives exchange if the crypto trading platform decides to conduct IPO shortly.

FTX Digital Co-CEO Launches Crypto PAC as Midterm Elections Draws Near
As the midterm election in the U.S. is near in November, Ryan Salame, the co-CEO of FTX Digital Markets has launched a new Political Action Committee (PAC) dubbed the American Dream Federal Action.

FTX Exchange's Proposal Becomes the Focus of CFTC Chair's Hearing in Congress
Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC) was at a hearing, one of the core subjects of discussion was a proposal from FTX Derivatives Exchange.

Tennis Star Naomi Osaka Becomes FTX's Global Ambassador
Four-time tennis grand slam singles champion Naomi Osaka becomes FTX's global ambassador, becoming one of the first major female professional athletes to partner with FTX.

FTX Ventures Forms Strategic Partnership with Banking app Dave, Invests $100m
West Realm Shires Services, Inc., the U.S.-based owner and operator of the FTX crypto exchange, has invested $100 million in a strategic partnership with banking app Dave.

FTX Continues Global Expansion, Launches Subsidiary Division in Australia
FTX has continued with its lines of expansion with the latest establishment of a new office in Australia.

Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance
To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.

FTX to Open Regional HQ in Dubai after Acquiring License
Cryptocurrency exchange FTX is set to open a regional headquarters in Dubai after its virtual-asset license was approved.

Stripe Resumes Crypto Service Offerings, Partners with FTX
Stripe is rejoining cryptocurrency space support again by building partnerships with FTX.

FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.

FTX Crypto Exchange Announces Major Expansion into European Market
The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.

Blockchain Investments in 2021 Surpasses Past 3 Years' Total Capital Raised: KPMG
The blockchain ecosystem might still be relatively tagged as new. However, when it comes to funding and recognition by Venture Capital (VC) Firms, they are arguably fast attaining maturity.

FTX Exchange Acquires Japan-based Liquid Exchange
FTX Derivatives Exchange has acquired Japanese digital assets brokerage firm, Liquid Group, and its existing subsidiaries Quinone Corporation and Quinone Pte in Singapore.

FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding
FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion.

Asia's SoftBank and Temasek Join to Fund FTX US
FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding.

FTX Exchange Offers $1M to First bank in Each Region who Accept Stablecoins
FTX exchange announced on Twitter that it will provide the first bank in each region with a bonus of $1 million.

FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals
Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).

FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth
FTX Derivatives Exchange has inked a global sponsorship deal with professional NBA basketball team Golden State Warriors. Reportedly, the deal is a multi-year pact estimated to be worth about $10 million.

FTX Shares 10-Point Regulatory Proposals to American Congress
Cryptocurrency trading platform FTX Derivatives Exchange has published a 10-point regulatory proposal, aims at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem.

FTX Completes $420M Series B-1 Funding Round at $25B Valuation
FTX Derivatives Exchange has completed a $420.69 million Series B-1 funding with participation from top investors.

Crypto Exchange FTX Relocates its HQ to the Bahamas from Hong Kong
Digital assets derivatives exchange FTX reportedly has relocated their headquarter to Nassau, the Bahamas, from Hong Kong, citing fewer regulation restrictions on the island nation.

FTX Cryptocurrency Exchange Launches a Marketplace for Selling and Buying NFTs
FTX has launched a marketplace for non-fungible tokens. The development paves the way for users globally to seamlessly create, sell, and buy NFTs on the exchange.

FTX.US Exchange Acquires Regulated Derivatives Provider LedgerX
FTX.US has acquired CFTC licensed derivatives provider LedgerX for an undisclosed sum.

FTX.US Wins the 10-yr Naming Right of UC-Berkeley's Facility by Sponsoring $17.5M in Crypto
The American cryptocurrency exchange giant FTX sponsors the University of California, Berkeley (UCB) with $17.5 million in cryptocurrency in exchange for getting the 10-year naming right of the California Memorial Stadium.

FTX CEO Spends 5 Hours per day to Deal with Regulatory Issues
FTX CEO Sam Bankman-Fried revealed he spends five hours a day to deal with regulatory and licensing of cryptocurrencies issues, according to a CNBC report Monday.

Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B
The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.

Binance Coin Unseats Tether to Become The Third-Largest Crypto As it Soars To a New All-Time High
Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has just unseated Tether (USDT) as the third-largest crypto by market cap.

FTX Derivatives Boss Ranks Second as Joe Biden's Top Campaign Financiers
FTX derivatives exchange’s Chief Executive Officer, Sam Bankman-Fried has been revealed to be the second-highest donor to Joe Biden's campaign

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange
According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.

Filecoin (FIL) Token Price Sees Massive Plunge Days after Launch as Miners Go on Strike
Filecoin was launched on Oct. 15, and just after one day after its mainnet launch, its miners turned off their machines to protest against the protocol.

Yearn.finance (YFI) Plunges Again Amid Sell-Off Pressure from Strong Drop in yVault Yields
Yearn.finance (YFI) has faced a steep correction lately and has been one of the worst performers in the top 100 cryptocurrencies.

4 Reasons Why Sushi Token Price Dropped Below $1
SushiSwap token dropped below $1, here is why.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?
The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?
SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.

FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued
A few days after receiving control over the Sushiswap protocol, FTX’s CEO Sam Bankman-Fried recently announced his ideas regarding the future of the protocol.

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?
Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?

FTX Exchange Acquires Blockfolio for $150M, Sixth-Largest Crypto Acquisition in History
FTX cryptocurrency exchange is now expanding its retail aspirations by acquiring the top crypto app, Blockfolio for $150 million.

Binance Acquisition of CoinMarketCap for $400M Just a Stone’s Throw Away
Binance, one of the largest crypto exchanges globally, is reportedly ready to splash out nearly $400 million USD to attain CoinMarketCap, the most popular crypto data aggregator. It is alleged that the deal is in the final stages, and it is just a matter of time before it is revealed later this week.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.