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3 years ago
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling. Market Wrap is CoinDesk’s d...
3 years ago
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange.
3 years ago
GameStop to End FTX.US Ties, Refund Customers
GameStop customers who have FTX gift cards will be given refunds.
3 years ago
FTX's Fall Will Lift the Next Generation of Bitcoin Maximalists
The Bahamas-based crypto exchange's fall from grace could open the door for die-hard supporters of the most popular digital currency in the...
3 years ago
Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse
Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday.
3 years ago
California Finance Regulator Revokes BlockFi's Lending License
California's Department of Financial Protection and Innovation announced Friday it was moving to revoke BlockFi's lending license.
3 years ago
Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financia...
FTX auditor Prager Metis reported the company earned $1 billion in revenues in 2021. An investigation from CoinDesk reveals Prager Metis als...
3 years ago
Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin...
As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are i...
3 years ago
From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins fro...
Sam Bankman-Fried handed over control of his company to the veteran Wall Street  bankruptcy lawyer who will guide the company’s Chapter 11 p...
3 years ago
Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?
Solana was grappling with the market contagion. SOL was down 4% in the past 24 hours.
3 years ago
Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp
A Solana-based crypto asset tied to the price of bitcoin collapsed in value Friday after CoinDesk reported that FTX US – the only venue left...
3 years ago
Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX-Alameda Ba...
Bankrupt trading firm Alameda Research has $7.2 million in outstanding debt from a TrueFi credit facility.
3 years ago
FTX's Regional Crypto Exchanges Slowly Reopen Withdrawals
The exchange's Japan and Turkey subsidiaries are slowly allowing customers to withdraw small amounts to their bank accounts.
3 years ago
First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Ala...
Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his prom...
3 years ago
FTX's 'Effective Altruism' Future Fund Team Resigns
In an open letter, the team says they are unable to perform their work or process grants and has "fundamental questions" about the legitimac...
3 years ago
Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse
Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse.
3 years ago
FTX Collapse Sparks Alarm From US Lawmakers
A number of lawmakers have called for investigations or clearer regulation in the wake of FTX's sudden collapse.
3 years ago
California Financial Regulator Announces FTX Investigation
California's Department of Financial Protection and Innovation announced it was investigating FTX in a press release late Thursday.
3 years ago
FTX Digital Markets Assets Frozen by Bahamian Regulator: Bloomberg
The Bahamas Securities Commission is seeking a provisional liquidator, according to the report.
3 years ago
Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouragin...
Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline...
3 years ago
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Da...
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymit...