BITFRONT Announces its Closure
On Monday, the cryptocurrency exchange BITFRONT announced its collapse. The Singapore-based cryptocurrency exchange warned consumers through a website notice. It underlined hurdles in the embryonic...
Tag : FTX
Crypto Price Analysis
The crypto market seemed to remain dormant during Monday’s early trading hours after a relatively quiet holiday weekend. Even while other cryptocurrencies were falling, Dogecoin,...
Large Creditors are Owed $3.1 Billion by the Crypto Exchange FTX
According to a court document, crypto exchange FTX owes its 50 biggest debtors over $3.1 billion (£2.6 billion). The beleaguered company, which declared bankruptcy in...
Genesis Requests a $1 Billion Emergency Loan- WSJ
The Wall Street Journal reported Thursday, citing a private fundraising letter, that crypto lender Genesis was asking for an emergency loan of $1 billion from...
Bankruptcy Attorneys Allege the Former CEO of FTX of Undermining the Case
Sam Bankman-Fried’s “constant and disruptive tweeting” is hurting attempts to rebuild his failing company, according to US attorneys for the insolvent crypto platform FTX in...
Solana Drops more than 50% of its Value with the Bankruptcy of FTX
According to Laguna Labs CEO Stefan Rust, the Solana (SOL) ecosystem was struck harder than other major digital currencies like as Bitcoin and Ethereum, after...
Visa Breaks its Collaboration with FTX
Visa has ended its collaboration with the defunct cryptocurrency exchange FTX, the payments giant said on Sunday. The termination of the much-touted relationship, extended last...
Federal Prosecutors in Manhattan are Investigating the FTX Collapse
According to reports Federal prosecutors in Manhattan are looking into the shocking collapse of the crypto network FTX. The US Attorney’s Office for the Southern...
Crypto.com’s Native Token, with Bitcoin and Ethereum, Drops as the FTX Crash
Cronos, Crypto.com’s native token, fell to a 22-month low on Monday amid increased scrutiny of centralised exchanges after the bankruptcy of big player FTX earlier...
Criminal Proceedings Against FTX are now being investigated in the Bahamas
The Bahamas authorities are looking into FTX after the company declared Chapter 11 bankruptcy in the United States on Friday. The Royal Bahamas Police Force...