Bahamian rhapsody: FTX users exploit loophole to withdraw crypto
The Bahamas’ Security Commission froze FTX International's assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
84 stories, newest first
The Bahamas’ Security Commission froze FTX International's assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.
A server outage at cold wallet provider Ledger had users panicking amid FTX's downfall. Ledger's tweet reminded some of Sam Bankman-Fried.
Justin Sun says he has a grand plan to help token holders caught up in the collapse of FTX. Unfortunately, he's not revealed what it is.
Sam Bankman-Fried and FTX employees are deleting tweets in which they assured assets were fine right before its "liquidity crunch."
Solana is down by 50% since Saturday and one million Solana tokens look set to be unstaked and dumped on the market any moment now.
According to trading platform Polymarkets, the question of whether Binance will get its FTX buyout over the line is almost too close to call.
FTX's Ethereum cold wallet can't be found and a series of transactions from FTX to Alameda deepen the relationship between the entities.
CZ and Sam Bankman-Fried have just announced that Binance will acquire FTX in order to help with a 'liquidity crunch.'
FTX has stopped processing withdrawals of ERC-20 tokens, Solana, and Tron. This comes after Binance began liquidating FTX token.