BNB initiates a mini breakout even as economist thinks Binance is the same as FTX
Binance coin has pushed above $295 Crypto critic Roubini has accused a “shady” Binance The cryptocurrency could hit $330 soon, and $360 next Binance (BNB/USD) pushed above $295, setting the…
FTX to hire BitGo to safeguard its assets during bankruptcy
FTX’s bankruptcy proceedings continue, and the company has now asked a judge to allow it to hire BitGo to secure its assets. Bankrupt crypto exchange FTX has notified a federal…
FTX token: What’s happening with the ‘dead’ FTT?
The FTX token has declined more than 76% in the past two weeks and is down 98% from its all-time high. Yet, it’s still higher than its all-time low reached…
How much did wallet tokens surge during the FTX crisis?
Trust Wallet (TWT) surged ~90%, after CZ’s tweet amid FTX crisis Cryptocurrencies across the board fell as the impact of FTX going bankrupt rippled throughout the industry – including tokens...
FTX was run as a ‘personal fiefdom’ of Bankman-Fried, says company lawyers
FTX’s lawyers have alleged that substantial assets were missing from the firm as the bankruptcy proceedings continue. Lawyers of FTX have claimed that the company was run as a ‘personal…
New CEO hired to tidy up the wreckage of collapsed FTX is billing $1,300 per hour
According to court documents filed on Sunday at the US Bankruptcy Court for the District of Delaware ahead of the first hearing on Tuesday, John Ray who is the seasoned…
FTX begins strategic review of all company assets
FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help with the sale or reorganisation of subsidiaries. FTX Trading is set to review all…
Binance never viewed FTX as competition, says Changpeng Zhao
This article has been updated to include a comment from Currency.com Binance’s CEO Changpeng Zhao has pointed out that his cryptocurrency exchange was never in competition with FTX. CZ, the…
This week in crypto: The FTX saga continues to unfold
Companies affected by FTX’s recent collapse are starting to come out, with bankruptcy filing currently underway. Numerous companies affected by FTX’s collapse FTX filed for chapter 11 bankruptcy last week,…
SBF, Alameda executives to testify on FTX collapse
Sam Bankman-Fried and several other executives will be asked to testify at an upcoming House Financial Services Committee hearing on the collapse of the FTX cryptocurrency exchange. The exchange’s implosion…