Crypto exchange Backpack, founded by former FTX execs, acquires FTX EU

FTX alumni’s Backpack Exchange completes acquisition of FTX EU, set to launch MiFID II-regulated crypto products. Backpack, a crypto exchange founded by former FTX executives, has acquired FTX EU, the former European arm of FTX, as part of its expansion…

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FTX to begin creditor repayments by March 2025

FTX has nearly finalized preparations for its court-approved repayment plan two years after the crypto exchange crashed due to bad corporate practices and fraud.

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FTX’s $16 Billion Payout Set to Revive Crypto Market

In a pivotal moment for the crypto sector, testimonies from FTX clients indicate that the long-awaited release of approximately $16 billion in funds is nearing fruition.

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SBF Appeal and Future of FTX: Here's What It Means for Crypto Community

Will FTX recover from major collapse?

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FTX’s Sam Bankman-Fried Snitches on These Crypto Influencers

FTX investors and customers have reached a settlement with Sam Bankman-Fried, the founder of the failed crypto exchange, in their civil case. The post FTX’s Sam Bankman-Fried Snitches on These Crypto Influencers appeared first on BeInCrypto.

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This Crypto Hedge Fund Is Being Revived After FTX Contagion Killed It

After FTX's collapse, LedgerPrime reemerges as MNNC Group, raising funds and launching new strategies, highlighting recovery and strategic foresight in the volatile crypto market. The post This Crypto Hedge Fund Is Being Revived After FTX Contagion Killed It appeared first on BeInCrypto.

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FTX and Alameda transferred $24m in crypto Kraken and OKX

Firms from Sam Bankman-Fried’s bankrupt empire, FTX and Alameda Research, reportedly transferred $24 million worth of crypto assets to the Kraken and OKX crypto exchanges. FTX‘s strategy to convert digital assets into cash was another attempt to stabilize its financial…

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The fall of FTX: A tale of hubris in the crypto world | Opinion

As the crypto space continues to evolve, it is imperative that we learn from the mistakes of FTX and strive for a more responsible and sustainable approach to innovation.

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Sam Bankman-Fried Reveals He Intended To Sell FTX To Rival Crypto Exchange Binance From The Beginning

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Sam Bankman-Fried denies defrauding FTX users at trial

As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh.

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Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.

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Bankman-Fried publishes 250 pages of self-justification ahead of trial

In a 15,000-word document revealed by The New York Times, the disgraced crypto entrepreneur tried to share his point of view on what happened to FTX. Sam Bankman-Fried (SBF), the founder of the failed crypto exchange FTX who’s charged with…

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Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why

In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars.   Justin Sun Considers Making A Bid For FTX Crypto Assets Justin Sun, Creator of Tron, one of the world’s largest blockchain ecosystems, has hinted at the possibility of acquiring the assets of insolvent crypto exchange FTX.

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Beyond Solana: FTX’s $3.4 Billion Asset Liquidation Threatens Market Stability for BTC, ETH, XRP and These Crypto Assets

According to Wu Blockchain, a crypto news reporter, FTX’s financial situation is quite complex, with holdings distributed across a variety of cryptocurrencies. As of August 31, while the exchange did hold a significant $1.

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Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations

The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market.

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FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure”

Today’s major talking point across the crypto market is the potential impact of an FTX firesale involving multiple coins and tokens. Traders positioning themselves for this scenario – expected this week if liquidators at the bankrupt crypto exchange get court’s approval – have already contributed to significant declines for the likes of Solana, XRP and […] The post FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure” appeared first on Invezz.

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Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds

The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX.

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Japan Plans On Easing Crypto Token Listings Despite FTX Crash

Japanese regulators have started to review and ease crypto regulations in the country. The cryptocurrency industry has been grappling in recent times and is trying to recover from FTX’s collapse, which has shaken the broader market severely.

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Crypto.news weekly recap: FTX’s unpredictability, expensive bails, Binance’s ups and downs

With the collapse of the Bahamas-based cryptocurrency exchange FTX, the crypto winter got colder, and regulators have been speculating both positively and negatively. Binance, on the other hand, has been acquiring and firing while facing some charges.  Don’t forget to…

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Judge withdraws from FTX case citing conflict of interest

Judge Ronnie Abrams steps away from prosecuting the crypto mogul Sam Bankman-Fried, as her husband had a connection with the ill-fated crypto exchange FTX. Abrams wrote in a filing that she might need to be more neutral in the FTX…

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The entire crypto market fails to recover while Metacade (MCADE) keeps rising in presale

Savvy crypto investors were quick to abandon their long-term holdings of major cryptocurrencies after some negative news came to light in November 2022. This sentiment shift saw a 20% drawdown for FTX Token (FTT) and Solana (SOL), which has had close ties to FTX and Alameda Research in the past.

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Crypto company Amber raises $300 Million to address FTX damage

Amber Group has raised $300 million to tackle the disgrace of the fallen crypto exchange FTX.

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Chainalysis: FTX’s crash is not the darkest crypto event in 2022 

Chainalysis researchers have revealed that the abrupt collapse of Sam Bankman-Fried’s FTX accounted for a lesser amount of realized losses for crypto investors compared to the Terra stablecoin de-pegging and fall of Three Arrows capital. FTX demise is not the…

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The FTX Ponzi: Uncovering The Largest Fraud In Crypto History

Modern day alchemy, unsurprisingly, failed. A deep dive into FTX and the events leading to the collapse of the now notorious crypto exchange.

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How stable are stablecoins in the FTX crypto market contagion?

The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins?

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FTX Exploiter Transfers $200M in Ether to 12 Crypto Wallets

The exploiter drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection on Nov.

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Major Reveals From The FTX Bankruptcy Filing, What’s The Takeaway?

With the FTX crypto exchange’s collapse, many events erupted in the crypto space. As a result, more of FTX’s investors and partners record massive losses with no potential recovery system.

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Investors seek refuge at Oryen Network after FTX, Gate.io, and Crypto.com crackdown

The once-respected cryptocurrency trading platform FTX filed for Chapter 11 bankruptcy on November 11 due to severe liquidity concerns. Following this tragedy was a discovery by analysts that 320,000 Ether had been transferred suspiciously between Crypto.

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FTX is done — What’s next for Bitcoin, altcoins and crypto in general?

FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?

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Brazil crypto laws reignited amid FTX collapse

In the wake of the FTX bankruptcy, many crypto companies have been affected and are looking for better alternatives to handle digital assets. Even jurisdictions are calling for regulators to be more strict on cryptocurrency to avoid a repeat of…

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FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe

Crypto investors have been reiterating the importance of storing coins in self-custodial wallets since the collapse of FTX. But self-custody can be intimidating, which is why weve put together a...

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FTX’s collapse heightens crypto regulations urge in Australia

Australian financial regulators are preparing to tighten crypto sanctions following the collapse of the FTX exchange.

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FTX fiasco sparks fear in crypto investors

Investor confidence in the industry is in jeopardy following the sad events involving FTX. Since rectification will take time, the crypto winter will likely continue for a few more months, possibly into 2023. The lengthy winter only grows longer The…

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FTX crisis could extend crypto winter to the end of 2023: Report

The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda.

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First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle

The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.

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Crypto Community Demands Investigation Into Gary Gensler’s Possible Ties to FTX

The crypto community is petitioning U.S. Congress to investigate possible connections between SEC Chair Gary Gensler and FTX. Gensler Met With FTX The crypto public is calling for a congressional...

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ConsenSys Economist Still Has Hope for Crypto After FTX's Fall

Lex Sokolin, head economist of the decentralized protocol platform, discusses why crypto’s future shouldn’t be married to FTX’s collapse.

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Crypto Market Leaders Vitalik Buterin, Samson Mow, and Jimmy Song Weigh in on FTX

In a recent Bitcoin and blockchain conference held in Argentina, crypto leaders opined about what led to the collapse of one of the largest exchanges, FTX. The post Crypto Market Leaders Vitalik Buterin, Samson Mow, and Jimmy Song Weigh in on FTX appeared first on BeInCrypto.

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Alameda ‘secretly’ traded billions of FTX customer funds: Report

Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is the latest installment in the shocking developments at FTX this past week.

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Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value.

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Crypto Twitter distraught over FTX collapse

The world’s third largest exchange FTX collapsed within a matter of days and the community’s pain is visible to all on Crypto Twitter. The post Crypto Twitter distraught over FTX collapse appeared first on CryptoSlate.

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Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

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Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems

FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between FTX and the Binance crypto exchange.

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Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report

Voyager last week rejected FTX’s proposal to purchase the assets of the bankrupt crypto firm and offer early liquidity to its customers.

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SBF: Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort

Billionaire CEO of the FTX exchange Sam Bankman-Fried sees a stable crypto market and wider FTX product range ahead, pending regulation and a recovering world economy.

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FTX.US Review – Fees, Supported Coins, Payment Methods

Ftx. us is the US-specific variant of the FTX exchange customized to meet the stricter regulatory requirements of trading crypto in the United States of America. It was launched in May 2020 and joined Binance US, Kraken, and Coinbase in their elite group as top Crypto exchanges in the US.

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Crypto.com gets nod in Dubai and FTX launches in Japan

Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”

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How To Transfer Crypto (BTC, ETH, ADA etc) From FTX to Bybit?

IMPORTANT WARNINGS Trying to deposit a non-supported token may result in the loss of tokens. Send a small test amount first Beware when choosing the network which you want to use for sending crypto Moving cryptocurrency out of FTX Sending your cryptocurrency from one exchange is exactly the same as withdrawing from one exchange and […] The post How To Transfer Crypto (BTC, ETH, ADA etc) From FTX to Bybit? appeared first on CaptainAltcoin.

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FTX.US Review [2022] – Fees, Supported Coins, Payment Methods

Ftx. us is the US-specific variant of the FTX exchange customized to meet the stricter regulatory requirements of trading crypto in the United States of America. It was launched in May 2020 and joined Binance US, Kraken, and Coinbase in their elite group as top Crypto exchanges in the US.

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