New Delhi [India], December 9 (ANI/ATK): FTX recently ran to its big brother, Binance. In a tweet by Binance's CEO, Changpeng Zhao, it was revealed that FTX could be facing some liquidity problems and need the help of Binance to pull through.
The discredited crypto executive at the center of the FTX crash, Sam Bankman-Fried, claims to have only $100,000 left in his bank account. In an interview with Axios, Bankman-Fried attributed the failure of his cryptocurrency exchange FTX, which sought US bankruptcy protection earlier this month, to both regulatory deficiencies and personal failings. Sam Bankman-Fried, 30, […]
Following the fall of FTX, former CEO and founder Sam Bankman-Fried is in choppy waters for leading the company to bankruptcy. Earlier reports revealed that he was a top contributor to the Democrats. However, a new report reveals he also donated money to the Republicans. FTX founder donated money to both parties As per the […]
Bengaluru (Karnataka) [India], November 17 (ANI/PRNewswire): Leading global cryptocurrency exchange Bitget has announced its latest 5 Million USD initiative called Builders' Fund to help affiliates, influencers and professional traders damaged by the FTX collapse.
Singapore, November 15 (ANI/PRNewswire): Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users.
FTX, the second biggest cryptocurrency exchange in the world went bankrupt affecting over a million people. Here’s more on the fall of the exchange and the aftereffects. The disastrous fall of FTX The last week has been one of the most dramatic periods for cryptocurrency. FTX, the second biggest crypto exchange in the world went […]
The world’s first cryptocurrency, Bitcoin, is currently experiencing bloodbath. According to Bank of America research, the asset crash involving cryptocurrencies was the worst since the 1970s and ranked fifth worst in financial history. According to reports, Bitcoin has fallen 77% from its top trading level of $70,000 in November of last year. The crash is […]
One of the leading venture capital firms in the world, Sequoia, said that its third global growth fund has $150 million of exposure to both FTX and FTX.US. The US represented less than 3% of the fund’s overall capital commitment. After FTX transaction with peer Binance fell through, Sequoia Capital informed investors on Wednesday that […]