FTX approved to liquidate $744M in Grayscale assets to pay creditors

In a significant move towards paying billions owed to creditors, FTX has gained bankruptcy court approval to begin liquidating its $744 million worth of stakes in digital trusts managed by Grayscale Investments.

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Are Crypto Traders Dumping BNB For FTX’s FTT? Here’s What The Data Says

On Tuesday, November 21, the BNB price faced adverse headwinds following the announcement that Changpeng Zhao, the founder Binance crypto exchange, was stepping down from his role as CEO. This move triggered a crash in the price of BNB, the native token of the exchange.

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Bitcoin Is Ready To Move On From FTX’s Collapse, Proving Its Resilience In The Face Of Adversity

One year after FTX’s ill-fated implosion, Bitcoin (BTC), the largest cryptocurrency by market capitalization, has picked itself from the dust to reach new highs, proving its mettle against a drawn-out bear market.

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Of SOL and ETH's future amidst FTX's $350 mln move

ETH worth $200 million and SOL worth $30 million have been sold by FTX. ETH and SOL have maintained their bull runs despite the sales. FTX has continued to move assets to exchanges for sale,The post Of SOL and ETH's future amidst FTX's $350 mln move appeared first on AMBCrypto.

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Crypto Traders Are Ready to Move Past Sam Bankman-Fried

FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.

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Solana dips as FTX transfers staked SOL to two top crypto exchanges

Solana (SOL) has dropped in the last 24 hours after a 15% surge over the past week. At press time, SOL was trading at $40.37 after a 3% drop in the last 24 hours. The price drop is attributed to the move by the FTX estate to transfer 750,000 staked SOL tokens valued at approximately […]

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Breaking: FTX founder Sam Bankman-Fried found guilty of all 7 counts

The 12-member jury has found the FTX founder - SBF guilty of seven counts of fraud and money laundering charges The court will now move on to the second trial and the sentencing of the former cThe post Breaking: FTX founder Sam Bankman-Fried found guilty of all 7 counts appeared first on AMBCrypto.

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FTX, Alameda Wallets Move More Than $13 Million in Crypto to Exchanges: Spotonchain

Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

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FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

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$10 Million in BTC Stolen From FTX on Move: Details

Massive Bitcoin transaction spotted, transferring part of BTC stolen last November from FTX exchange

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Wallets Linked to FTX and Alameda Move Over $60 Million in Digital Assets: Nansen

Crypto wallets linked to bankrupt crypto empire FTX transferred more than $60 million during the past week. The post Wallets Linked to FTX and Alameda Move Over $60 Million in Digital Assets: Nansen appeared first on BeInCrypto.

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FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

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Sam Bankman-Fried has no way to ‘outfox’ prosecutors: Scaramucci

SBF taking the stand in his criminal trial is “a very bad move,” as the FTX co-founder will be “skinned alive” by prosecutors, says Anthony Scaramucci.

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FTX, Alameda addresses move $10m to exchanges

FTX and its sister platform, Alameda Research, have recently transferred $10 million worth of crypto assets to Coinbase, Binance and Wintermute. These transfers came from three addresses associated with FTX and Alameda, with the funds consolidated into one central address.…

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Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?

Solana (SOL) jumped 11% Friday, and is one of the best performing crypto assets this year with a 170% gain.

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FTX Estate stakes $122M Solana (SOL) tokens, alleviating investor concerns

FTX Estate stakes $122 million worth of Solana (SOL) tokens. The FTX Estate has strategically delegated 5. 5 million SOL with a Solana network validator. The move alleviates concerns about the estate’s potential liquidation of SOL holdings.

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FTX Hackers Move $124 Million to Bitcoin After THORSwap Halt

FTX hackers convert $124 million in stolen ETH to Bitcoin on THORSwap before the DEX halts operations due to suspicious trades this week.

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FTX’s Bankman-Fried contemplated paying Trump $5b not to run for president

Michael Lewis, the author of "The Big Short," says the disgraced crypto entrepreneur was exploring the legality of such a move.

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Millions in Ether Tied to FTX 'Hacker' on The Move

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.

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Aptos (APT) & Solana (SOL) Enthusiasts Pivot to VC Spectra (SPCT) in Search of Portfolio Profits!

FTX’s crypto-assets liquidation move has placed a bearish threat on the best altcoins: Aptos (APT) and Solana (SOL). Both tokens are facing massive sell-offs when FTX liquidates its Solana and APT assets.

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Huobi drives memes with HTX rebranding

Huobi has rebranded to HTX, raising public scrutiny due to alleged similarities to the failed FTX exchange. Crypto exchange Huobi has set the crypto world abuzz by announcing its shift to a new identity, HTX. This move coincides with the…

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Huobi Celebrates 10 Years: Sparks Controversy With Rebrand To “HTX”

Cryptocurrency exchange Huobi celebrates its anniversary on the 13th of September every year, and it is doing so with a contentious marketing move in 2023. The company was launched 10 years ago, and to commemorate the occasion, the company changed its name from “Huobi” to “HTX,” similar to the now-defunct exchange FTX. Huobi Changes Exchange […]

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FTX Modifies Bitcoin And Crypto Sale Proposal For Court Last Minute

In a recent court filing, FTX, the crypto exchange currently navigating bankruptcy, has made last-minute adjustments to its proposal concerning the sale of its Bitcoin and crypto holdings. This move is seen as an attempt to address concerns raised by the US Trustee, the bankruptcy branch of the Department of Justice.

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Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why

In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars.   Justin Sun Considers Making A Bid For FTX Crypto Assets Justin Sun, Creator of Tron, one of the world’s largest blockchain ecosystems, has hinted at the possibility of acquiring the assets of insolvent crypto exchange FTX.

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Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

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How UNI, SUSHI reacted to FTX's latest move

An FTX wallet recently moved $1.8 million worth of UNI and $550,000 worth of SUSHI tokens. UNI and SUSHI reacted differently to the recent developments. Nearly one year following the FTX craThe post How UNI, SUSHI reacted to FTX's latest move appeared first on AMBCrypto.

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Solana Co-Founder Pushes For SOL Token Redistribution From FTX To Bankrupt Exchange’s Users

Solana co-creator Anatoly Yakovenko, in an aggressive move that could potentially reshape the fate of the embattled cryptocurrency exchange FTX and bolster the Solana network, has called for the redistribution of SOL tokens currently held in FTX’s reserves to the exchange’s former customers.

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FTX Crypto Exchange Plans Restart for International Customers, FTT Token Rises 10%

Crypto exchange FTX plans to restart services for international customers, causing its token to rise by 10%. The move follows ongoing legal developments involving former CEO Sam Bankman-Fried. The post FTX Crypto Exchange Plans Restart for International Customers, FTT Token Rises 10% appeared first on BeInCrypto.

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FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg

The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.

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Sequoia partner says investing in FTX was the right move: Report

Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.

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Sam Bankman-Fried’s Original 8 Charges Remain; Will the Bahamas Follow?

Sam Bankman-Fried, the infamous cryptocurrency entrepreneur and former CEO of FTX, will stand trial on the original eight criminal charges, according to U.S. prosecutors. The move opens up the possibility...

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Sam Bankman-Fried to face trial only on 8 initial charges

The US Department of Justice (DOJ) has decided to move forward with the trial of Sam Bankman-Fried, the former CEO and founder of FTX. However, the trial will only involve the original eight charges filed in December 2022, which include wire fraud, securities fraud, and money laundering.

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FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March.

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First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?

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FTX and Alameda Addresses Suddenly Wake up, Move $190 Million on Exchanges

FTX and Alameda-related addresses moved $190 million on numerous exchanges, which could be part of liquidation process

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Crypto Exchange FTX Sues Grayscale In a Move to Unlock $9 Billion of Shareholder Value

Coinspeaker Crypto Exchange FTX Sues Grayscale In a Move to Unlock $9 Billion of Shareholder Value In the lawsuit, FTX said that Grayscale has been charging exorbitant management fees.

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Ripple Reacts to UK's New Crypto Regulation Move in Wake of FTX Collapse: Details

UK unveils crypto regulation plans in wake of FTX collapse

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Bitcoin Price Touches $20,000 For First Time Post-FTX Collapse

Bitcoin price has tapped $20,000 for the first time since the FTX. Not only was the level important support that broke down during the contagion, but it was also the former 2017 all-time high. Here’s what the recent price move could mean for the cryptocurrency market.

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FTX has the green light to sell its other businesses including LedgerX

The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets. The assets under consideration include LedgerX among other assets. The move will allow FTX to get money to repay its creditors.

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Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users

The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse.

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Binance Coin: Could this move by Binance clear FUD and help BNB rally?

Binance recently announced becoming a member of the ACSS. This move came after the FUD surrounding BNB due to the FTX collapse and SEC inquisitions. In recent weeks, there has been a lot of The post Binance Coin: Could this move by Binance clear FUD and help BNB rally? appeared first on AMBCrypto.

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Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research

A summer move to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed even more investors to the Binance platform.

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Robinhood shares claimed by BlockFi and FTX may move to a neutral broker

Bankruptcy judge Michael Kaplan said that on Jan. 9, he will review if the shares should be transferred to a neutral broker.

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What to expect from crypto the year after FTX

Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive.

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Crypto outflows from centralized exchanges continue despite proofs of reserves

Major crypto assets are continuing to reliably move off of centralized cryptocurrency exchanges despite the service providers' best efforts to regain user trust after the fall of FTX.

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Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation

The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.

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FTX looking to sell several subsidiaries, including FTX Japan and LedgerX

FTX to sell multiple subsidiaries in a bidding war. This move would help ease the firm's debts. Bankrupt exchange FTX is seeking the sale of several of its subsidiaries amid its bankruptcy The post FTX looking to sell several subsidiaries, including FTX Japan and LedgerX appeared first on AMBCrypto.

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“A Deliberate Move” — Shark Tank Star Kevin O’Leary Blames Binance For FTX Collapse

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US Senator Toomey on FTX and SBF: ‘the code committed no crime’

FTX filed for bankruptcy in November and Senator Patrick Toomey says Congress should move to provide regulatory clarity on crypto, adding that FTX’s collapse has nothing to do with cryptocurrency.

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