FTX - News, Articles & Research

Genesis Block to shutter trading portal amid FTX fallout

Genesis Block, a Honk Kong based cryptocurrency retail service, has told its customers it will be closing its over-the-counter trading portal on the 10th of December 2023. This is being seen as part of the wider fallout from FTX’s collapse and proceeding bankruptcy filing last week.

18 November 2022

News/crypto

New FTX CEO slams 'complete failure of corporate controls'

John Ray, the man who took over at Enron after its collapse and is now in charge of FTX has blasted his predecessor at the failed crypto exchange, Sam Bankman-Fried, declaring in court filings that he has never "seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information".

17 November 2022

News/people

FTX files for US bankruptcy protection; Bankman-Fried quits

Cryptocurrency exchange FTX says it has started the process of for Chapter 11 bankruptcy in the US, and that founder Sam Bankman-Fried is stepping down as CEO.

11 November 2022

News/crypto

FTX Europe to have licence suspended - Bloomberg

Embattled FTX is facing the suspension of its licence by the Cyprus Securities and Exchange Commission, revoking its ability to continue trading within the European Economic Area.

11 November 2022

News/crypto

Binance pulls out of FTX takeover

Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.

09 November 2022

News/crypto

Binance to buy troubled rival FTX

Facing up to a liquidity crunch, crypto exchange FTX has agreed to sell itself to rival Binance. Terms have not been disclosed.

08 November 2022

News/crypto

Visa and FTX take crypto debit card worldwide

FTX has inked a global agreement with Visa to offer crypto-linked debit cards to customers in 40 countries.

07 October 2022

News/people

Celsius CEO steps down as FTX moves in

Celsius CEO Alex Mashinsky has stepped down amid bankruptcy proceedings and former JPMorgan Chase exec Chris Ferraro has been appointed interim CEO.

28 September 2022

News/crypto

FTX wins $1.4bn auction for Voyager Digital assets

FTX has won the auction for the assets of bankrupt crypto lender Voyager Digital with a bid worth just over 1.42 billion.

28 September 2022

News/regulation

UK watchdog warns consumers of dealings with FTX

THE FCA has warned consumers to steer clear of cryptocurrency exchange FTX, which is selling products and services in the UK without authorisation from the regulator.

20 September 2022

News/crypto

FTX and Coinbase invest in 'Bloomberg for crypto' Coinfeeds

The venture arms of FTX and Coinbase have joined a $2 million seed funding round for Coinfeeds, a startup that lets people monitor the social media mentions and activity of web3 and NFT projects.

28 July 2022

News/crypto

FTX closes in on $25m cut-price deal for BlockFi - reports

Not much more than a year after raising funds at a $3 billion valuation, cryptocurrency player BlockFi is on the verge of being acquired by FTX in a deal worth as little as $25 million, according to CNBC.

30 June 2022