FTX

EU States Approve World’s First Comprehensive Set of Rules to Regulate Crypto in Wake of FTX Collapse

European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets…

3 months ago

FTX Gets Court Permission to Sell Its LedgerX Business to Raise Funds for Repaying Creditors

Bankrupt crypto exchange FTX received US bankruptcy court permission on Thursday to sell its LedgerX business for $50 million (nearly…

3 months ago

Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators

Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint…

3 months ago

FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4

FTX has reached an agreement to sell its crypto derivatives platform LedgerX to an affiliate of Miami International Holdings for…

3 months ago

Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

Coinbase debuted on the US stock market on April 14, 2021 — the same day US senators confirmed Gary Gensler to lead the…

3 months ago

FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million (roughly Rs. 3,300 crore) in cash…

3 months ago

FTX’s Sam Bankman-Fried, US Prosecutors Near Revised Bail Agreement, New Restrictions to Be Proposed Next Week

Lawyers for Sam Bankman-Fried are nearing an agreement with US prosecutors on revised bail conditions for the indicted FTX cryptocurrency…

3 months ago

FTX Transferred $2.2 Billion to Sam Bankman-Fried via Alameda Research and Related Entities, New Managers Say

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through…

3 months ago

Silvergate Bank Announces Plans to Shut Down Amid Market Turmoil Following FTX Collapse

Crypto banking colossus Silvergate on Wednesday said it will shut down in the face of market turmoil and regulatory pressure.Silvergate…

4 months ago

Sam Bankman-Fried Criminal Trial in October May Need to Be Delayed, Lawyers Tell US Judge

Sam Bankman-Fried's lawyers said on Wednesday it may be necessary to delay the FTX cryptocurrency exchange founder's scheduled Oct. 2…

4 months ago

Silvergate in Talks With FDIC Officials on Ways to Avoid Shutdown: Report

US federal officials have been discussing with Silvergate Capital's management to avoid a shutdown, Bloomberg News reported on Tuesday, citing…

4 months ago

Coinbase Acquires One River Digital Asset Management to Beef Up Services

Coinbase has acquired One River Digital Asset Management (ORDAM), the cryptocurrency exchange said on Friday as it aims to beef up…

4 months ago

Crypto Lender Silvergate’s Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout

Shares of Silvergate Capital Corp slumped 29 percent in premarket trading on Thursday, after the cryptocurrency-focused lender warned it was delaying…

4 months ago

Binance, Its US Partner Being Questioned for Regulatory Compliance and Finances

Three US Senators have asked giant cryptocurrency exchange Binance and its US partner Binance.US for information about their regulatory compliance and finances,…

4 months ago

FTX’s Sam Bankman-Fried Faces New Criminal Charges, Allegedly Made Over 300 Illegal Political Donations

Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt…

4 months ago

Coinbase Reports Quarterly Loss of $557 Million as Crypto Winter Continues in Wake of FTX Collapse

Coinbase Global Inc reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange came under pressure from…

4 months ago