Tag: FTX

November 10, 2022

FTX’s Slide From a $32 Billion Valuation to Needing an Emergency Lifeline At 4:00 p.m. (ET) on Nov. 9, 2022, the world’s largest crypto asset exchange by trade volume announced it would be backing out of purchasing FTX. This was […]

November 9, 2022

Bitcoin prices fell over 10% on Wednesday, with the broader crypto market in freefall after a potential bankruptcy in World No. 2 exchange FTX soured sentiment towards the space, with a bailout offer by Binance doing little to soothe losses. […]

September 20, 2022

According to a court filing, the repayment will be in the form of 6,553 in bitcoin (roughly $128 million) and 51,204 in ether (roughly $70 million) in principal and loan fees. Smaller amounts will be in seven other tokens. The […]

September 15, 2022

Major cryptocurrency exchanges, FTX and Bybit, are among the first crypto trading platforms to launch spot trading for Ethereum proof-of-work (PoW) tokens. While the Ethereum blockchain has not forked into two separate networks just yet, crypto exchanges are rushing to […]

September 8, 2022

GameStop, the world’s largest video game retailer headquartered in Texas, USA, announced that it has entered into a partnership with FTX US (“FTX”) to become FTX’s preferred retail partner in the United States. The partnership aims to promote “FTX’s digital […]