Solana Foundation Lost Over $180 Million in Crypto on FTX
The Solana Foundation held over $180 million worth of crypto asset exposure to the company as of November 6th, just before the exchange ceased processing withdrawals.
Crypto Has Survived Worse Than the Fall of FTX: Chainalysis
American blockchain analysis firm Chainalysis believes that although the collapse of crypto exchange FTX has shaken the industry, the crypto space has survived worse incidents and will surely bounce back.
Turkey is Investigating SBF for Fraud and Has Seized FTX Assets in the Country — Report
Turkey’s Treasury and Finance Ministry is reportedly investigating Sam Bankman-Fried (SBF) for fraud and has seized assets linked to FTX within the country.
Bybit Launches $100M Support Fund for Institutional Traders
Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space.
How to Avoid the Next FTX: Crypto Signals and On-Chain Data Made Easy with This New Platform
Over the past few weeks, the events across the crypto market have shown that investors must take extreme caution when selecting coins and exchanges. Fortunately, Dash 2 Trade is here to help investors make more informed decisions using real-time on-chain data for users of all experience levels.
FTX Gets Approval To Pay Critical Vendors, Can Redact Creditors’ and Customers’ List
The Bankruptcy Court for the District of Delaware has granted FTX approval for all its first-day motions, including paying critical vendors up to $8.5 million, a Nov. 23 court filing shows.
Here’s How Much Has Been Recovered Since FTX’s Bankruptcy Filing
As events continue to unfold in the wake of FTX’s collapse, some of the funds missing from the exchange’s accounts have been found and secured.
Sam Bankman-Fried Will Speak at Conference Alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen Despite Ongoing FTX Investigation
FTX founder Sam Bankman-Fried will speak during the New York Times' annual DealBook Summit alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation against his failed venture FTX.
UAE Regulator Revokes FTX License Amid the Exchange Collapse
As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service the local market.
FTX-Tether Connection: Involvement Of Banks Raises Questions
Beleaguered crypto exchange FTX’s connection with Tether remains in question as the banks used by both companies are run by the same person. FTX’s Alameda Research invested $11.5 million in Farmington State Bank’s parent FBH, run by Jean Chalopin. Surprisingly, Chalopin is also the chairman of Bahamas-based Deltec Bank, the main bank of Tether.
