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UK regulator beams searchlight on FTX-linked charity

The UK’s financial watchdog is turning its attention to a charity linked to FTX, an electronic trading platform used by cryptocurrency traders. Below are some points to note: The Charity Commission has launched an investigation into a charity, Effective Ventures, which is connected to FTX. The Commission states in a statement that it was “concerned […]

FTX

SBF attempts to bribe Washington: Congressman Patrick McHenry

Recently, Sam Bankman-Fried was apprehended by law officials in the Bahamas and is now being accused by the US SEC. Patrick McHenry says that the former chairman of FTX tried to bribe Washington. FTX’s recent market crash has been making headlines. SBF tries to bribe Washington In an interview today with CNBC, Congressman Patrick McHenry […]

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How the FTX collapse may expose the Blockfolio users

The data required to examine past Blockfolio submissions has now been entangled in the collapse of the large bitcoin exchange. I’m not concerned about Sam Bankman-Fried supposedly receiving an Alameda loan, which was actually FTX client monies routed through Alameda and credited on FTX. I’m not worried about the moral compass of the celebrity investors […]

FTX

Cryptoverse News: Binance liquidates its FTT holdings

After Binance liquidates its FTT holdings, FTX’s FTT is on the verge of being sold. The top news in the cryptoverse for November 7 includes a 0.19% fall in Bitcoin mining difficulty, Binance’s plan to liquidate all of its FTT holdings, and FTX CEO Sam Bankman-pledge Fried’s that the exchange will not go bankrupt. The […]

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Is FTX infringing on the law? Texas Regulator gives an answer

According to the Texas State Securities Board; they are. A Texas regulator has charged FTX, FTX.US, and Sam Bankman-Fried with marketing unregistered securities and participating in fraud. Despite being unregistered in Texas, the regulator declared that the bitcoin exchange’s yield-earning scheme was open to Texans. The regulator also ruled that FTX’s agreement to buy Voyager’s […]

FTX

In the last week, FTT value dips amidst insolvency claims

In the last week, FTT prices have plummeted more than 12% after Alameda Research’s balance sheet was leaked. More specifically, the leaked balance sheet exposed Alameda’s financial instability, worrying investors who have been taking their money out of FTX–including stablecoins. This past week, the FTX exchange has seen a withdrawal of over $451 million worth […]

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What Are tHE Exchange-Based Tokens? OKB and KUcoin

Cryptocurrency exchange tokens have been present for quite some time, as platforms discovered an easy approach to improve liquidity by also delivering additional value to its native token holders, as well as trading fee savings. Despite the stagnating global market, 2019 has proven to be particularly rewarding for the big exchange tokens, which have seen […]

FTX

Ethereum’s Merge event will have a rough start: Bankman-Fried

Sam Bankman-Fried, the CEO of crypto exchange FTX, believes that Ethereum’s Merge will be rocky in its early days but will be beneficial to the broader ecosystem in the long term.The CEO of crypto exchange FTX, Sam Bankman-Fried, and SkyBridge Capital founder, Anthony Scaramucci, were interviewed by CNBC today. The topics discussed included the upcoming […]

FTX

Bankman-Fried’s FTX has acquired 30% stake in SkyBridge Capital

Cryptocurrency exchange FTX has acquired a 30% stake in SkyBridge Capital, a leading venture capital firm in the cryptocurrency space.On Friday, two prominent figures in the crypto industry—the CEO of crypto exchange FTX, Sam Bankman-Fried; and SkyBridge Capital founder Anthony Scaramucci—gave an interview to CNBC. It was announced in the interview that FTX has acquired […]

FTX

Xterio has raised $40 million in a round led by FunPlus and FTX

Xterio has raised $40 million in a round led by FunPlus and FTX Xterio, a company focused on developing and marketing mobile games and first-class Web3 has successfully raised $40 million. From FTX Ventures, FunPlus, Makers Fund, XPLA, and others, this information comes to light via a press statement. This latest investment brings Xterio’s total […]

FTX

FTX is not interested in a Huobi: Sam Bankman-Fried

FTX has been active in the acquisitions arena this year, snapping up firms like Liquid and Bitvo amid the crypto winter.Sam Bankman-Fried, the CEO of crypto exchange FTX, says that his firm does not plan to acquire cryptocurrency exchange Huobi. FTX is backed by Binance, the world’s largest cryptocurrency exchange. In an interview with The […]

FTX

The FDIC warns the FTX US about the false statements

The FTX US crypto exchange has been hit with a cease and desist letter from the Federal Deposit Insurance Corporation (FDIC). Over what it says are misleading statements on the company’s website. According to the letter, FTX US made “false and misleading statements” about FDIC insurance on its website. The FDIC has sent cease and […]

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