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Tag: FTX.com

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets

Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan...

Binance CEO Says Former FTX CEO (SBF) ‘Is One of the Greatest Fraudsters in History’

On Tuesday (6 December 2022), CZ, who is Co-Founder and CEO of the world’s largest crypto exchange (by trading volume), addressed criticisms that he...

Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.

Bitcoin dipped below US$17,000 in Tuesday morning trading in Asia, as Ether and most other top 10 non-stablecoin cryptocurrencies lost ground. The retreat came...

NFT sales rise for first time in 7 months in November despite crypto price slump

Non-fungible token (NFT) sales in November rose for the first time in seven months to top US$530 million, shrugging off the sharp declines in...

Amazon Reportedly Working on TV Series About FTX With Same Directors As ‘Avengers: Endgame’

According to Variety, Amazon Studios has commissioned an eight-episode limited series about bankrupt crypto exchange FTX. On 11 November 2022, FTX.com issued the following...

ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse

Christine Lagarde, president of the European Central Bank (ECB), said that regulating cryptocurrency in the European Union (EU) is an “absolute necessity” following the...

Question: How do financial rules work when rogue individuals run companies? Answer: Not very well.

The FTX.com cryptocurrency exchange went from a US$32 billion company to bankruptcy court in a matter of days, drawing comparisons with the collapse of...

VC Firm Sequoia Capital Reportedly Apologizes for Investing in FTX

It seems that on Tuesday (22 November 2022) Silicon Valley venture capital firm Sequoia Capital had a conference call with investors in its fund(s)...

How The FTX Collapse Could Leave Blockfolio Users Exposed

This is an opinion editorial by Morgan Rockwell, founder of Bitcoin Kinetics.I'm not concerned with Sam Bankman-Fried allegedly getting a loan from Alameda, which...

FTX Fiasco Reduces Confidence in Crypto Exchanges, Drags Coinbase Stock to New Low

On Monday (21 November 2022), the price of Coinbase Global Inc. stock (Nasdaq: COIN) dropped to a new all-time low. On 8 November 2022,...

FTX Japan readies for resumption of withdrawals by end-2022: report

FTX Japan, a subsidiary of the now-bankrupt FTX.com, is preparing to resume withdrawals by the end of 2022 to Japanese customers, said an unnamed...

Solana’s DeFi Ecosystem Lost 60% After FTX Collapse

The contagion effects of FTX’s collapse are being felt throughout the crypto industry, but one blockchain’s DeFi ecosystem is seeing considerably more pain.Data from...

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