FTX files for bankruptcy as Sam Bankman-Fried resigns November 11, 2022 FTX founder Sam Bankman-Fried has resigned his position as CEO of FTX, and filed for Chapter 11 Bankruptcy.
‘I f****d up’: FTX founder scrambles for cash as Bahamas regulator freezes assets November 11, 2022 The founder of crypto exchange FTX admitted he “f*cked up” yesterday as his firm scrambles to raise emergency funds and stave off a collapse that could spark contagion across the industry.
Sam Bankman-Fried: ‘I clearly failed, and I’m sorry’ November 10, 2022 Sam Bankman-Fried - CEO of collapsed cryptocurrency exchange FTX - has offered a profuse apology for the spectacular failure of his company.
FTX scrambles for emergency funds as contagion fears grow November 10, 2022 Bitcoin could tumble to as low as $13,000 as the industry is rocked by the crisis at the crypto exchange FTX, JP Morgan has warned.
Market unease continues in wake of Binance ripping up deal to buy FTX November 10, 2022 Bitcoin price shed 8.3% over the last 24 hours, but there was a notable bounce from yesterday’s low of $15,682, now trading at $16,641.
Binance pull out of deal to buy FTX November 9, 2022 Binance chief Changpeng 'CZ' Zhao has suddenly withdrawn his offer to buy Sam Bankman-Fried's beleaguered FTX exchange.
Massive gains for DFI Money while crypto markets crumble November 9, 2022 DFI Money (YFII) gained more than 30 per cent in the 24-hour aftermath of Tuesday’s token tumble, triggered by Binance buying up FTX.
UK government to examine pros and cons of blockchain technology and NFTs November 9, 2022 The UK government’s Department for Digital, Culture, Media & Sport is accepting evidence for its inquiry into blockchain and NFTs.
Crypto market rocked by FTX near-collapse November 9, 2022 The cryptocurrency market has plunged in value today as it reels from the near-collapse of one of the biggest exchanges, FTX, last night.
FTX plunges following Binance bailout November 8, 2022 FTX coin plunged as much as 75 per cent this evening after crypto exchange Binance struck a dramatic deal to snap up its beleaguered rival. FTX, led by billionaire chief Sam Bankman-Fried, had been locked in a high-profile spat with Binance boss Changpeng Zhao in recent days, which had sparked an investor exodus from FTX. [...]