Tag Archives: ftx

The AFL says it’s going to continue its partnership with Crypto.com, a famed crypto exchange, even though there are concerns about the space following the collapse of digital trading platform FTX. Crypto.com Is Raising All Kinds of Questions The world was shocked in mid-November when one of the largest digital currency exchanges out there came crashing down and was forced into bankruptcy proceedings due to an alleged liquidity crunch. The firm was hit hard with creditors...

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The FTX collapse has been all everyone’s talked about over the last month or so, and it appears that many people and businesses that were once tied to the now failed exchange are looking to distance themselves from it and quickly. The Miami Heat Is Ending Its Relationship with FTX One of them is the FTX Arena, which hosts home games for the Miami Heat. It’s now looking to end its relationship with the disgraced trading platform and change its name fast. In a statement,...

Following the collapse of famed crypto exchange FTX, Ethereum co-founder Vitalik Buterin is planning a new set of protocols that would help exchanges show their customers what reserves they have in place. Vitalik Buterin Says Exchanges Need to Be Clear One of the big things that allegedly led to the fall of FTX was the sudden and unexpected “liquidity crunch” the company seemed to endure last-minute. It was stated in a series of messages online that Sam Bankman-Fried,...

Many are wondering where Sam Bankman-Fried of FTX fame (or rather notoriety, at this point) has gone. The executive resigned from his company in mid-November following its collapse and he hasn’t been seen or heard from since. Has Sam Bankman-Fried Gone Missing? So, where is he? There seems to be a wide array of speculation online about what has become of the executive, with some claiming he has taken a private jet and fled to Argentina. Allegedly, one news source sent...

Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being said that the company might have been hacked and the money stolen. The question is, “By who?” At the time of writing, the company has moved whatever funds it still had into cold...

Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Regulation NOW In a recent interview, Sherman said that the collapse of the leading exchange FTX in mid-November is reason enough to get the ball rolling on digital currency regulation. He mentioned: The collapse this week of one of the largest cryptocurrency firms in the...

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