FTX

Following FTX's Chapter 11 bankruptcy filing and CEO Sam Bankman-Fried's resignation, bitcoin (BTC) immediately dipped to the $16,000 level. "There's likely more pain ahead before we can finally form a bottom," said Matt Weller, Forex.com Global Head of Research.

Nov 11, 2022

Finance

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 the chairman.

By Stephen AlpherNov 11, 2022

Finance

Genesis reported earlier that its derivatives business has about $175 million in locked funds in its FTX trading account.

By Michael BellusciNov 11, 2022

FTX CEO Sam Bankman-Fried apologizes, but will investors get their funds back? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Nov 11, 2022

Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

Nov 11, 2022

Justin Sun, TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the fallout for FTX and how he might help the troubled crypto exchange. Plus, what the FTX collapse means for the wider crypto industry.

Nov 11, 2022

Markets

The CoinDesk Market Index (CMI) dropped 3.3% during early U.S. trading hours on Friday.

By Helene BraunNov 11, 2022

Finance

The firm faces no risks of insolvency, Matrixport's spokesperson told CoinDesk.

By Omkar GodboleNov 11, 2022

Policy

Bankruptcy filings attributed to FTX US and Alameda Research estimate each company has $10 billion to $50 billion in liabilities.

By Nikhilesh DeNov 11, 2022

Opinion

The meltdown of Sam Bankman-Fried's crypto trading empire could not, and would not, have happened to a decentralized and transparent protocol.

By Amanda CassattNov 11, 2022