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Sam Bankman-Fried Provided $43 Million in Funding to News Site The Block
Soon after it was reported that the Block’s CEO received funding from SBF, the website announced he stepped down from the role.
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According to New CEO, FTX Had “Near-Zero” Record-Keeping and Infrastructure
In his testimony before Congress, FTX’s new CEO went into detail on the many failures of the previous management and explained the plan for the future of the company.
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FTC Sues Microsoft to Block $69B Acquisition of Activision
FTC announced it would take actions to prevent Microsoft’s acquisition of Activision-Blizzard citing antitrust concerns.
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BlockFi Announces Bankruptcy As FTX Contagion Spreads
BlockFi just announced it is filing for bankruptcy as the contagion of FTX's collapse is rapidly spreading.
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FTX Was Under US Investigation Months Before the Implosion
According to a recent report, US prosecutors have been conducting a probe into FTX’s operations long before it collapsed.
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Genesis Global Trading’s Crypto Lending Arm Halts Withdrawals, $2.8B in Active Loans
The crypto lending arm of Genesis Global Trading has reported halted withdrawals.
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Bahaman Regulator Freezes FTX Assets
Bahaman authorities are freezing FTX’s assets and requesting a provisional liquidator from the Supreme Court.
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Tron Agrees to Swap TRX, BTT, JST, SUN, and HT 1:1 From FTX
FTX announced it reached an agreement with Tron to create a "special credit facility".
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Breaking: Binance Implies FTX Misused Customer Funds and Walks Away from Deal
Binance just announced it would not go forward with the FTX acquisition.
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Professional Investors Set to Make Millions in Profit on Twitter Holdings After Musk Deal
Investment firms and pension funds that bet on the Twitter deal are set to receive substantial returns following the $44 billion takeover.
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Melanion Capital’s Crypto ETF Down 77% Since Launch: Worst Performing Fund in 2022
Melanion Capital's crypto ETF is the worst-performing fund among those that debuted in 2021, losing over 76% since its launch.
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Japanese Gaming Company GREE and Avalanche Creator to Develop Web3 Games
Ava Labs, the company behind Avalanche blockchain, and Japanese internet media giant GREE teamed up to launch a Web3 game in 2023.
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Musk Writes to Twitter Advertisers Day Before Court-Ordered Deadline
Elon Musk wrote an open letter to Twitter advertisers just a day ahead of the Oct. 28 deadline to complete the $44 billion deal.