Stablecoins
Tether, Circle deny exposure to FTX, Alameda
Circle CEO said the firm has a little equity in FTX and other crypto exchanges like Kraken, BinanceUS etc.
Oluwapelumi Adejumo 2 min read
FTX News
Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
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Top FTX Stories
Investments
Canada’s third-largest pension fund invested in FTX at $32B valuation
The Ontario Teachers' Pension Plan invested in FTX in January this year as part of a $400 million funding round. The potential losses the fund could face are still unknown.
Research
Research: FTT token active addresses close to 0 for the entirety of 2022
Few investors hold FTT tokens off-exchange according to Glassnode data which shows hardly any active addresses on chain
Latest FTX News & Analysis
Bear Market
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved
Brian Armstrong made a strong statement claiming FTX took part in "conflicts of interest between deeply intertwined entities"
Bear Market
Sam Bankman-Fried’s net worth fell 93% in 1 day, loses Billionaire status
SBF loss over $15B in one day according to data reviewed from the Bloomberg Terminal
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls to June lows after Binance announces FTX deal; Coinbase, Kraken undergo downtime
FTX's insolvency is questioned as it stops transactions for two hours, the Bitcoin risk signal turns red, and more in this edition of CryptoSlate Wrapped Daily.
Bear Market
Binance to start proof-of-reserves; CZ proposes all crypto exchanges follow suit
CZ also suggested that all cryptocurrency exchanges do merkle-tree proof-of-reserves. According to the CEO, fractional reserves are suited to traditional banks and not crypto companies.
DEX
BNB surges 20% in 2 hours after news of Binance’s planned acquisition of FTX, but plummeted later
Based on the current FTX situation, the Binance CEO also predicted that FTX's FTT would be extremely volatile in the near future.
Analysis
Bitcoin fails to hold above $20K after bullish reversal, falls 9%
Bitcoin failed to hold onto a key psychological level as the crypto markets see red.
More FTX News Headlines
Exchanges
Over $360M Bitcoin leave FTX in 2 days, marking 10th largest withdrawal in 2022
Price Watch
FTT temporarily jumps 44% on news of Binance acquisition before going into free fall
Exchanges
Binance intends to fully acquire FTX
Bear Market
