Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX
According to co-founder Kevin Zhou, the locked funds total around $40 million.
Here’s How Much FTX Owes Miami After Arena Sponsorship Cancellation
The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default.
FTX Crypto Wallets See Mysterious Late-Night Outflows Totalling Nearly $400M
More than $380 million in crypto left FTX and FTX US wallets late Friday.
Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early
Miami-Dade County terminated its relationship with the exchange.
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange.
GameStop to End FTX.US Ties, Refund Customers
GameStop customers who have FTX gift cards will be given refunds.
‘Need to update my LinkedIn’ — FTX Ventures head resigns: Report
Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse
Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday.
Billionaires lose billions: What’s happening with Elon Musk and Sam Bankman-Fried?
Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk’s reported net worth has dropped by more than $86 billion in recent days.
Meet the Metaverse Night Club–Loving Audit Firm That Presided Over FTX’s Financials
FTX auditor Prager Metis reported the company earned $1 billion in revenues in 2021. An investigation from CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.”
From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried
Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process.
Solana’s Wrapped Bitcoin Price Craters After FTX Shuts Exit Ramp
A Solana-based crypto asset tied to the price of bitcoin collapsed in value Friday after CoinDesk reported that FTX US – the only venue left to exchange it for real bitcoin – had frozen withdrawals.
FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg
Company previously submitted plan for approval that would allow customers to assess and respond to derivatives risks in real time.
FTX US Freezes Crypto Withdrawals, Sending Millions in Assets to Bankruptcy Limbo
The exchange website told another story.
US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
Investors appear to be favoring more regulated and transparent platforms.
Ex-Ethereum Miners Token Hop to Stay Alive After the Merge
Following the Ethereum Merge, only 20% of miners have switched to other proof-of-work networks.
Do Not Invest in Non-Bitcoin Crypto: NYDIG’s Ross Stevens
NYDIG has consistently passed on opportunities to partner with the likes of FTX, as well as Three Arrows, BlockFi, Celsius and others of their ilk, said Stevens.
Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis
Genesis reported earlier that its derivatives business currently has about $175 million in locked funds in its FTX trading account.
Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy
Bitcoin plunged and ether plunged more than 6%