Tags : FTX


Mysten Labs to Purchase $96 Million In Shares and Token

Debtors of collapsed cryptocurrency change FTX filed a movement in chapter court docket Thursday, looking for to promote a multimillion-dollar stake within the Web3 agency Mysten Labs again to the Delaware-based startup. The Mysten Labs provide contains $95 million in most well-liked inventory and $1 million price of SUI token warrants—a monetary spinoff that grants […]Read More


New Emails Present FTX Met With FDIC Months Earlier than

A sequence of emails obtained by Defend the Public’s Belief and shared with the Washington Examiner present the now-defunct FTX tried to curry favor with the FDIC by arranging a primary assembly with the regulator’s chairman just some months earlier than the alternate’s collapse.  Defend the Public’s belief is a watchdog that educates the general […]Read More


YouTube Influencers Slapped With $1 Billion Lawsuit for Selling FTX

A gaggle of buyers who did enterprise with defunct cryptocurrency change FTX introduced a category motion lawsuit towards a number of web influencers Wednesday, alleging the content material creators pushed unregistered securities on their viewers and followers whereas selling the collapsed change. The lawsuit seeks over $1 billion in damages and was introduced towards content […]Read More


Crypto volatility again to FTX ranges, with $791 million of

Key Takeaways Crypto volatility is again as much as ranges final seen when FTX collapsed in November $791 million of liquidations rocked traders between Thursday and Sunday $383 million of longs had been liquidated on Thursday and Friday, the biggest 48-hour variety of the 12 months Information that deposits might be made complete at SVB […]Read More


Bitcoin Withdrawals Are Above Deposits Since FTX Crash

On-chain information reveals that Bitcoin transactions going out of exchanges have been larger than the variety of them getting in for the reason that FTX collapse. Bitcoin Trade Withdrawals Have Been Above Deposits Just lately As identified by an analyst on Twitter, BTC alternate deposits have been heading down in current months. There are just […]Read More


FTX Survivor LedgerX Dumps Silvergate for Signature Financial institution: Report

LedgerX, a buying and selling platform providing derivatives merchandise primarily based on Bitcoin and Ethereum cryptocurrencies, is now not utilizing Silvergate Financial institution to obtain home wire transfers, in keeping with a Bloomberg report. Going ahead, LedgerX will use Signature Financial institution as a substitute, the corporate mentioned in an e-mail to prospects. LedgerX was […]Read More