FTX Archives - Page 2 of 3 - cryptosignals.org

September 18, 2023

FTX Plans to Liquidate Massive Crypto Holdings: Will Altcoins Sink or Swim?

FTX, the embattled cryptocurrency exchange, has garnered court approval for its audacious plan to offload an estimated $3.4 billion in crypto assets. The strategy entails selling between $50 million and $100 million worth of crypto holdings each week, commencing this Saturday. However, this move ha...

#CRYPTOCURRENCY #FTX #Kaiko #NEWS #Solana

September 12, 2023

Bitcoin Investors Brace for Increased Volatility as FTX Liquidations Loom

Bitcoin (BTC) investors are navigating choppy waters as the cryptocurrency’s price and implied volatility move in opposite directions, hinting at a potential downturn. Recent data from Velo Data reveals a 60-day trailing correlation between Bitcoin’s price and its 30-day implied volatil...

#BITCOIN #BTC #CRYPTOCURRENCY #FTX #NEWS

September 11, 2023

FTX Reveals $7 Billion in Assets Amid Founder’s Legal Woes

FTX, one of the globe’s major cryptocurrency exchanges, has disclosed a hefty asset portfolio valued at approximately $7 billion, per a recent court filing. The report, submitted on Monday, shines a light on the exchange’s holdings, which include $1.16 billion in Solana (SOL) tokens and...

#BITCOIN #CRYPTOCURRENCY #Ethereum #FTX #NEWS

August 24, 2023

FTX Collaborates with Galaxy to Liquidate Crypto Holdings

Crypto exchange FTX, which sought bankruptcy protection in November 2022, has forged a strategic partnership with Galaxy, a prominent U.S. crypto firm headed by billionaire Mike Novogratz. This alliance aims to expertly oversee and liquidate FTX’s digital assets. Legal documents reveal that F...

#CRYPTOCURRENCY #FTX #Galaxy #NEWS

December 12, 2022

Algorithmic Stablecoin USDD Depegs from Dollar Again as Justin Sun Scampers

The algorithmic stablecoin USDD created by Justin Sun has lost its peg to the dollar once more and has dropped below $0.96. Following the implosion of cryptocurrency exchange FTX, the native algorithmic stablecoin of the Tron blockchain was unable to regain its peg to the US dollar. As a result, Tr...

#CRYPTOCURRENCY #FTX #NEWS #TRON #USDD

December 09, 2022

Sam Bankman-Fried Considers Reissuing FTT to Cover Investor Losses

Sam Bankman-Fried, a one-time crypto tycoon, suggested that relaunching the insolvent cryptocurrency exchange FTX and giving consumers a fresh version of the FTT token could help users who have been locked out of their holdings. The FTX “recovery proposal” was tweeted by Ran Neuner, whi...

#CRYPTOCURRENCY #FTT #FTX #NEWS #SBF

November 18, 2022

Binance Called Out for Hypocrisy After Moving Funds from Its Proof-of-Reserve Wallet

The crypto community is criticizing Binance for withdrawing $2.7 billion from their proof-of-reserve wallet. The exchange reacted by stating that the transfer was to a cold wallet for TRX. As soon as the crypto world heard that Binance had transferred $2.7 billion out of its “proof of reserve...

#Binance #CRYPTOCURRENCY #FTX

November 15, 2022

Binance Facing Probe for Its Alleged Role in FTX Meltdown

On Tuesday, the cryptocurrency exchange Binance said that it has agreed to provide the UK Parliament’s Treasury Committee with information regarding the proposed FTX takeover agreement and its decisions to sell its holdings of the FTT coin. The crypto exchange will show up as a witness in the...

#Binance #CRYPTOCURRENCY #FTT #FTX #NEWS

November 09, 2022

Binance Acquires FTX Following Solvency Crisis

Official sources have confirmed that Binance has made an offer to purchase FTX.com for an unknown amount, and following some due diligence procedures, it will formally possess one of its largest exchange rivals. This afternoon, FTX asked for our help. There is a significant liquidity crunch. To pro...

#Bankman-Fried #Binance #CRYPTOCURRENCY #CZ #FTT #FTX #NEWS