FTX


Policy

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

The exchange pointed to a CoinDesk article that set off a series of events that led to FTX's bankruptcy filing.

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Policy

Top House Committee to Hold Hearing Into FTX Collapse

The House Financial Services Committee plans to hear from FTX and related entities during a hearing next month.

Rep. Patrick McHenry (left) and Rep. Maxine Waters (Alex Wong/Getty Images)

Finance

Temasek Prepares to Write Off Up to $300M Invested in FTX: Bloomberg

Singapore's state investment fund invested $400 million in both FTX and the crypto exchange's U.S. unit.

Director of crypto investing AT Temasek, Antony Lewis. The state investment fund for Singapore, is writing off part of its investments in FTX. (Danny Nelson/CoinDesk)

Markets

First Mover Americas: FTX Fallout Reverberates Across Crypto-Land

The latest price moves in crypto markets in context for Nov. 16, 2022.

FTX's collapse is having ripple effects across the crypto universe. (Leon Neal/Getty Images)

Tech

4 Key Takeaways from the FTX Fiasco

The real reason why the FTX failure hits so hard is not because the crypto industry was duped, but because it proved that the industry was vulnerable to being duped.

(Bettmann/Getty Images)

Finance

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

(Genesis Trading, modified by CoinDesk)

Policy

FTX’s Bahamas Arm Files for Bankruptcy Protection in US

The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Markets

Coinbase: FTX’s Collapse Will Likely Lead to an Extended Crypto Winter

Poor liquidity in cryptocurrency markets could last until at least the end of the year and the crypto winter until end-2023, the exchange said.

Crypto winter (Timothy Eberly/Unsplash)

Markets

Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks

A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all.

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Markets

After Bankruptcy, FTX User Claims Pay Cents on the Dollar

The crypto exchange FTX filed for bankruptcy Friday, leaving users’ funds stuck on the platform, and one marketplace for distressed claims posted bids for a fraction of the original value of claims.

(Leon Neal/Getty Images)