Industry confident in NFTs amid FTX collapse: Nifty Newsletter, Nov. 16–22

Despite the effects of the FTX debacle, many industry players remain positive and hopeful that NFTs will recover.

2022-11-24 23:30

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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 in 2019 and has about $418 in market cap. дальше »

2022-11-24 22:29

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US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’

“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter. дальше »

2022-11-24 22:11

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Kroll Compiles Docket filed in FTX Bankruptcy proceedings

Kroll has compiled all the dockets presented for the FTX bankruptcy proceedings. дальше »

2022-11-23 11:16

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Streaming Giants Fight to Get FTX Saga Movie Rights

Amazon Studios, Apple, and Netflix are all vying to get the film and TV rights to a Michael Lewis book on the FTX collapse. Apple is reportedly close to sealing the deal. The post Streaming Giants Fight to Get FTX Saga Movie Rights appeared first on BeInCrypto. дальше »

2022-11-23 11:15

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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 fiefdom’ of Sam Bankman-Fried. дальше »

2022-11-23 11:12

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SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’

Former FTX CEO Sam Bankman-Fried (SBF) recently sent a letter to company employees. In addition to the usual string of apologies, he said that there might be a chance to save the company. The post SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’ appeared first on BeInCrypto. дальше »

2022-11-23 09:12

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Sad Story Behind Bankruptcy of Alameda Research and FTX

Alameda Research became insolvent and was bailed out by FTX, marking beginning of major meltdown on cryptocurrency market дальше »

2022-11-23 05:00

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'Personal Fiefdom': Some Takeaways From FTX's First Bankruptcy Hearing

Happy Thanksgiving to my fellow Yankees! For the rest of you, I’m counting on you to keep an eye on Twitter in case someone else files for bankruptcy. But today, we’re looking at FTX’s first bankruptcy hearing. дальше »

2022-11-23 03:30

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Are Decentralized Exchanges More Attractive after FTX Collapse?

Even though decentralized exchanges have boomed with crash of FTX, road to spontaneous acceptance can be long дальше »

2022-11-23 02:00

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Washington clutches hands on crypto laws over FTX’s demise

Washington lawmakers intend to stretch their hands into the crypto ecosphere amid the fall of virtual currency exchange FTX. The implementation is set to protect the know-how as they venture into blockchain technology. дальше »

2022-11-23 01:15

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Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company. дальше »

2022-11-23 00:43

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Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. дальше »

2022-11-23 00:40

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FTX Bankruptcy Judge Says Creditor Information Can Be Redacted – at Least for Now

FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily. дальше »

2022-11-23 21:30

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Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing

“You have witnessed probably one of the most abrupt and difficult collapses in the history of corporate America,” an attorney for FTX said during the company’s first bankruptcy hearing on Tuesday. дальше »

2022-11-23 20:14

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Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware

Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware. дальше »

2022-11-23 20:06

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FTX bought $121M properties in Bahamas within 2 years

Bankrupt crypto exchange FTX, alongside senior executives at the firm and parents of Sam Bankman-Fried, bought at least 19 properties worth $121 million in the Bahamas within the last two years, Reuters reported November 22. дальше »

2022-11-23 19:49

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Kucoin On The Spot For Holding Nearly One-Fifth Of Its Reserves In Its KCS Token

2022-11-23 19:06

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Elon Musk Comments on What Truly Made FTX Fail

FTX owes its creditors more than $3 billion дальше »

2022-11-23 18:59

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Who Is Gary Wang, the Mysterious Co-Founder of FTX and Alameda?

Not much is known about Bankman-Fried’s close confidant – the co-founder of both FTX and Alameda Research. дальше »

2022-11-23 18:03

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Who's Who in the FTX Inner Circle

FTX collapsed. These players held the keys. дальше »

2022-11-23 17:53

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SBF’s Parents Joined FTX $121M Bahamas Property Splurge: Reuters

The source of the funds FTX and its team members used to buy the properties is unclear. FTX Settles in The Bahamas FTX and some of the key figures within... дальше »

2022-11-23 17:34

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Crypto Didn’t Fail FTX; People Did

Decentralization was, and still is, the answer, says the co-founder of NEAR Protocol. дальше »

2022-11-23 17:24

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FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets

The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S. дальше »

2022-11-23 10:30

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Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves

The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors. дальше »

2022-11-23 09:38

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On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.

2022-11-22 03:16

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CryptoSlate Wrapped Daily: FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves

The biggest news in the cryptoverse for November 21 includes FTX’s call to other exchanges to expect and prevent hacker cash outs, Coinbase disclosing Grayscale’s 635,000 Bitcoin reserve, and Bank of England’s claims that blame the FTX crash on the FTT token run. дальше »

2022-11-22 02:02

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FTX Comes Clean And Admits That It Owes Over $3 Billion To Its 50 Biggest Creditors

2022-11-22 01:37

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FTX was under US prosecutors radar before collapse

The Attorney's Office of the Southern District of New York was investigating FTX months before its collapse The investigation was related to United States Bank Secrecy Act The most infamous The post FTX was under US prosecutors radar before collapse appeared first on AMBCrypto. дальше »

2022-11-22 01:25

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High sentiment in FTX's shadow: event recap for Texas Blockchain Summit

Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin. дальше »

2022-11-22 01:15

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US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify

The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange. дальше »

2022-11-22 00:30

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FTX collapse causes quant traders to flee crypto markets

The collapse of FTX has sent chills through the crypto market, causing both large and obscure quant funds to either shrink their positions or close shop entirely. This situation seems to open up profitable opportunities for those still daring to… дальше »

2022-11-22 00:15

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Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’

Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct FTX exchange. The post Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’ appeared first on CryptoSlate. дальше »

2022-11-22 23:55

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The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21

The founder of FTX provoked the withdrawal of his legal team and now faces the possibility of extradition to the United States.

2022-11-22 23:00

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FTX’s Collapse a Wake-Up Call for Venture Capitalists, Dragonfly Partner Says

Dragonfly Capital Partner Tom Schmidt discusses the “red flags” VCs may have missed following FTX’s collapse and how it is likely to influence funding moving forward. дальше »

2022-11-22 22:18

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US CFTC’s Behnam Will Testify at FTX Hearing in Senate

Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), will testify at a Senate hearing next week set to examine the “lessons learned from the FTX collapse,” according to a listing on the Senate Agriculture Committee’s website. дальше »

2022-11-22 22:05

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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. дальше »

2022-11-22 20:36

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FTX Hacker Moves $199 Million Worth of Ethereum (ETH) to Different Wallets

The FTX wallet drainer has transferred roughly $200 million worth of Ethereum (ETH) to various addresses дальше »

2022-11-22 20:31

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Who Is the FTX Hacker? On-Chain Clues Shed Light on the Situation 

The address that transferred approximately $372 million from FTX likely belongs to a black hat hacker. Who Hacked FTX? Debate is raging over who hacked FTX. The embattled crypto exchange... дальше »

2022-11-22 20:31

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Pension Giant Ontario Teachers to write Off All $95 Million Invested in the bankrupt Crypto Exchange FTX

The Ontario Teachers’ Pension Plan (OTTP), one of Canada’s largest pension funds, announced on Thursday plans to write off its entire $95 million investment in the bankrupt FTX cryptocurrency exchange. дальше »

2022-11-23 20:19

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My story of telling the SEC ‘I told you so’ on FTX

I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after. дальше »

2022-11-22 20:08

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FTX Japan hopes to resume withdrawal for clients before year end

Senior executives at the Japanese subsidiary of the defunct FTX crypto exchange, FTX Japan, have said they look forward to resuming clients’ withdrawals before the year ends. This was made known at a press interview by an unnamed executive. He… дальше »

2022-11-22 20:00

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FTX showed the value of using DeFi platforms instead of gatekeepers

FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds. дальше »

2022-11-22 18:42

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FTX owes nearly $3.1B to creditors, lawyers warn about “Enormous Exercise”

Investors are curious as to when they will get their money from the now-defunct cryptocurrency exchange FTX. Unfortunately, insolvency attorneys have cautioned that it might take "decades. " The crThe post FTX owes nearly $3. дальше »

2022-11-21 18:30

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BoE speculates FTT token fire sale may have sparked FTX collapse, calls for widespread regulation

Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on November 21, where he said that the FTX collapse was triggered by an run and that the crypto space should be brought under regulation to offer stability. дальше »

2022-11-22 17:45

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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. дальше »

2022-11-21 17:23

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This on-chain sleuth and his deep dive into misconceptions around FTX state that...

It's been two weeks since the Bahamas-based crypto exchange, FTX filed for bankruptcy. Along with the news of the bankruptcy came details about suspicious transactions.  In the aftermath of FTX’The post This on-chain sleuth and his deep dive into misconceptions around FTX state that... appeared first on AMBCrypto. дальше »

2022-11-21 16:30

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Singapore’s watchdog says Binance placed on Investor Alert List over FTX due to unlicensed activity

The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a November 21 statement. дальше »

2022-11-22 16:20

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Here's what this hedge fund manager thinks of crypto despite the FTX wreck

Pershing Square Capital Management's founder and CEO, Bill Ackman, stated that cryptocurrency has the potential to tremendously benefit society. However, this was as long as the sector managed to wipeThe post Here's what this hedge fund manager thinks of crypto despite the FTX wreck appeared first on AMBCrypto. дальше »

2022-11-21 15:30

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U.S. Republican Senator writes to Federal authorities on FTX’s collapse

Sen. Hawley requested documents and correspondence regarding the failure of cryptocurrency platform FTX in a letter to senior Biden federal authorities. дальше »

2022-11-21 14:53

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