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Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub

14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ... Read More: Government Official: FTX Collapse Will...

This Crypto Exchange Just Suspended Withdrawals – What is Going On

14.11.2022
Crypto exchange AAX announced that it has suspended activity for up to 10 days due to a “scheduled system upgrade” that happened during a difficult time for the industry and the markets. AAX’s website currently displays a notification that states,... Read More: This Crypto Exchange Just Suspended...

Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers

14.11.2022
The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe. Nikkei quoted the nation’s Finance Minister Shunichi Suzuki as explaining that regulators had hit FTX Japan...

Billionaire Michael Saylor Says Bitcoin Will Come Out on Top Following FTX Collapse

14.11.2022
Former Microstrategy CEO and Bitcoin bull Michael Saylor believes the fallout of FTX could actually benefit Bitcoin and spark further growth in the crypto industry. Saylor, who joined CNBC's ‘Squawk on the Street’ last week, said the turbulence and market volatility will benefit Bitcoin and...

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal

14.11.2022
In a live question-and-answer session, Crypto.com CEO Kris Marszalek said the company’s balance sheet is strong

El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX

14.11.2022
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different

Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

14.11.2022
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low

AAX reiterates withdrawal halt is unrelated to FTX contagion

14.11.2022
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates

Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’

14.11.2022
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact...

Exchange outflows hit historic highs as Bitcoin investors self-custody

14.11.2022
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels

Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes

14.11.2022
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates...

Crypto exchange Kraken freezes accounts related to FTX and Alameda

14.11.2022
Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related to FTX.”

First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?

14.11.2022
Bitcoin just had its worst week since the aftermath of the Terra blockchain's collapse. PLUS: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech motes may prove crucial

Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

14.11.2022
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange...

CrossTower revises new offer for Voyager's assets after FTX's bankruptcy

13.11.2022
Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11

Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’

13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...