#FTX News
Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds
dailyhodl.com The bankrupt crypto exchange FTX has reached a settlement with the digital asset exchange Bybit to the tune of hundreds of millions of dollars. Last week, FTX’s legal team…
FTX’s Alameda Research Sues KuCoin for $50 Million in Locked Assets
beincrypto.com Alameda Research has filed a lawsuit against KuCoin to recover over $50 million in locked assets for FTX’s debtors. The lawsuit has been filed in the United States…
Student Coin Announces Comprehensive STC Token Redemption Following Operational Shutdown
cryptopotato.com [PRESS RELEASE – New York, United States of America, October 29th, 2024] Student Coin, an educational crypto project established in 2019, has initiated a structured token…
FTX's Alameda Research Sues KuCoin to Recover $50 Million in Frozen Assets
financemagnates.com Alameda Research, a subsidiary of the collapsed crypto exchange FTX, has initiated legal action against KuCoin to reclaim over $50 million in assets. The lawsuit was filed…
FTX estate sues KuCoin to recover over $50M in assets
cointelegraph.com The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in…
Bitcoin Sets Largest Inverse H&S in History, Analyst Projects Imminent Breakout
thecryptobasic.com Market expert Don Gambardello speculates an imminent Bitcoin breakout from a multi-year head and shoulders (H&S) pattern that could catalyze an explosive uptrend to six…
FTX sues KuCoin to recover $50 million in withheld assets
cryptoslate.com Bankrupt crypto exchange FTX has filed a lawsuit to recover over $50 million in assets allegedly withheld by KuCoin, according to court documents filed on Oct. 28. The…
FTX Secures Massive $228 Million Agreement To Withdraw Assets From Crypto Exchange Bybit
bitcoinist.com In an ongoing effort to recover assets to repay creditors affected by its collapse in 2022, defunct crypto exchange FTX, once run by 25-year convict Sam Bankman-Fried, has…
Crypto Market in “Dangerous Waters”: Key Risk Indicator Raises Alarms
coinpedia.org The post Crypto Market in “Dangerous Waters”: Key Risk Indicator Raises Alarms appeared first on Coinpedia Fintech News The crypto market has made a nice comeback in the…
Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Analyst Provides Answers
newsbtc.com In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US…
Coinbase to sponsor NBA team in aftermath of FTX collapse
cointelegraph.com FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded.
FTX Agrees to $228 Million Settlement in Bybit Legal Dispute
cryptopotato.com FTX has agreed to settle its lawsuit against Bybit, its executives, and investment arm Mirana, securing an expected $228 million to aid in repaying creditors. This recovered…
Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded
cointelegraph.com The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.
FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
coindesk.com None The FTX bankruptcy checked off another major cash settlement, this time for more than $200 million from crypto exchange Bybit. • None The influx of cash will serve the…
FTX and Bybit End Legal Battle with $228 Million Settlement
cryptonews.com FTX, the bankruptcy estate, has reached a $228 million settlement with Bybit and its investment arm, Mirana. If approved by the court, this settlement will allow FTX to…
Golden State Warriors Replace FTX with Coinbase as Official Crypto Partner
cryptonews.com The Golden State Warriors have named Coinbase as their official cryptocurrency partner as crypto companies return to major U.S. sponsorships. The agreement signals growing…
5 Reasons Why Ethereum Price is Stuck Below $3,000
coingape.com Ethereum price is up only 11% since the start of 2024. This uninspiring 2024 performance has caused investors to discard ETH as it trades around $2,531. While investors have…
Why Ethereum is down 7% while Bitcoin’s price is gaining
dlnews.com The world’s two largest cryptocurrencies usually rise and fall in tandem. However, over the past week, Ether has dropped 7% to $2,525 and Bitcoin has stayed relatively flat…
FTX reaches $228 million settlement with Bybit amid bankruptcy efforts
cryptoslate.com FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1…
Up Only
uponly.tv Cobie & Ledger talked to Zane Tackett, who directed institutional sales at FTX until just a couple days ago, and was working to help find solutions for the gap directly with…
FTX agrees to drop lawsuit against Bybit in $228 million settlement
theblock.co The settlement is expected to allow FTX to recover a significant amount of funds held on Bybit since its collapse in 2022.
Gensler Called ‘Worst Public Servant’ In Scathing Remarks By Ripple Co-Founder
bitcoinist.com The word war between Ripple Labs’ key people and the Securities and Exchange Commission (SEC) continues. In the latest twist in the Ripple v SEC saga, Ripple’s co-founder,…
FTX settles lawsuit against the Bybit exchange for $228 million
cointelegraph.com The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.
FTX strikes $228m settlement with Bybit, moves closer to customer refunds
dlnews.com FTX has agreed to drop litigation against crypto exchange Bybit in a $228 million settlement that will let FTX recover a substantial portion of funds held on the platform.…
Circle CEO stands firm on IPO plans, says no extra funding needed
cryptobriefing.com Circle is financially strong and well on track to pursue a public listing without needing to raise additional funds, said Circle CEO Jeremy Allaire in a recent interview…
Ex-Mine Digital CEO Faces Charges Over $1.5M Embezzlement
cryptopotato.com Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC).…
FTX Reaches Over $225 Million Settlement With Bybit Amid Ongoing Bankruptcy Proceedings
beincrypto.com Bankrupt cryptocurrency exchange FTX has reached a significant milestone in its bankruptcy proceedings by settling a year-long lawsuit against Bybit for over $225 million.…
Golden State Warriors Name Coinbase as Crypto Sponsor, Replacing FTX
decrypt.co Coinbase has struck a deal with the Golden State Warriors NBA team, the latest sign that digital asset companies are taking a fresh look at the value of U.S.-based sports…
Fintech Giants Double Down on Crypto on Bankless
bankless.com First, that it's extending crypto services to U.S. business accounts, opening up custody, swapping, and transfer functionalities, as its stablecoin, PYUSD, grows to become…
Golden State Warriors replace FTX with Coinbase as new crypto partner
dlnews.com Six-time National Basketball Association champions the Golden State Warriors announced a new partnership with Coinbase as their “official cryptocurrency platform and…
Why You Should Sell These 3 Altcoins in October
coingape.com The Bitcoin price reversal from the $70,000 psychological level has renewed the selling momentum in the October market. Contrary to the historical trend of a bullish Q4,…
Bitcoin Dominance Reaches Highest Level Since 2021
thedefiant.io Bitcoin dominance, BTC.D, appears to be headed for 60% after breaking out to new highs. BTC.D is now at 59.2%, the highest it's been since April 2021, and is being led by…
What to expect at Nishad Singh’s sentencing hearing
cointelegraph.com After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison.
Golden State Warriors sign crypto deal with Coinbase amid FTX lawsuit
protos.com The Golden State Warriors have announced a partnership with troubled cryptocurrency exchange Coinbase, despite currently being sued by the investors of its previous crypto…
Analyst sees Solana’s price at $560 if these three factors align
dlnews.com Solana’s SOL token has rebounded 900% since plummeting in the aftermath of crypto exchange FTX’s 2022 collapse. Still, it could further quadruple by the end of 2025, Geoff…
US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’
cryptoslate.com US prosecutors have requested that the court favorably consider former FTX executive Nishad Singh’s “substantial assistance” during their investigation into the failed…
Chainlink and Cardano Slump as Bears Take Over
cryptonews.com Sentiment around leading cryptocurrencies Chainlink ($LINK) and Cardano ($ADA) cooled today as both cryptocurrencies dipped in the last 24 hours. In general, crypto markets…
FTX Court Hearing: Nishad Singh’s Sentencing Set for October 30
coinpedia.org Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a…
SOTM October 3
coinmetrics.io Welcome to our 192nd issue of State of the Market, where we provide an overview of crypto market activity from October 3 – October 9, 2024. This week in crypto markets: The…
TERRA LUNA Price Prediction 2024, 2025, 2030: Will LUNA 2.0 Hit $1 In 2024?
coinpedia.org The post TERRA LUNA Price Prediction 2024, 2025, 2030: Will LUNA 2.0 Hit $1 In 2024? appeared first on Coinpedia Fintech News Story Highlights The live price of the LUNA…
Prosecutors Urge Leniency for Former FTX Exec Nishad Singh Citing ‘Exemplary Cooperation’
cryptonews.com Prosecutors in the case against former FTX executive Nishad Singh are urging the judge to consider his “substantial assistance” and “exemplary cooperation” when determining…
Fantom Plunges 5%
cryptonews.com The Fantom ($FTM) coin powering the network of the same name has crashed 5% in the last 24 hours, as the crypto market posted a heavy overnight contraction of 3.8% to hit…
Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation
coindesk.com None Prosecutors said Singh “approached his cooperation with earnest remorse and eagerness to assist.” • None He will be sentenced later this month. ApeCoin's Price Surge:…
Expert Picks 5 Altcoins To Watch, Declaring Arrival Of The Altseason After Three Years
newsbtc.com As the cryptocurrency market emerges from a prolonged seven-month consolidation phase, following a parabolic uptrend for Bitcoin and various altcoins in the first quarter of…
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
coindesk.com The – an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins and exchange coins – was down 2.6% in the last 24 hours, with Chainlink (LINK)…
Bitcoin: Why a dip to $66k might be necessary for BTC’s next move
ambcrypto.com Bitcoin poised to retrace to $66K before a bounce. • Global liquidity to potentially continue rising up to 2026. Bitcoin [BTC] was navigating a critical price range at press…
Rep. French Hill Optimistic About Crypto Legislation Ahead Of Lame Duck Session
cryptonews.com Congressman French Hill (R-AR) is “optimistic” that U.S. lawmakers may pass crucial crypto legislation, including the Financial Innovation and Technology for the 21st…
UK will soon introduce laws to regulate stablecoin, says Circle’s head of policy
cryptobriefing.com The UK government will soon introduce legislation aimed at regulating stablecoins, said Circle’s global head of policy Dante Disparte in a recent interview with CNBC. He…
U.K. Set to Introduce Stablecoin Regulations Within Months, Says Circle Executive
cryptonews.com The United Kingdom is expected to implement regulations for stablecoins within a matter of months, according to Dante Disparte, the global head of policy at Circle. Disparte…
Vitalik Buterin: Michael Saylor's Bitcoin Self-Custody Comments Are 'Batshit Insane'
decrypt.co Ethereum co-founder Vitalik Buterin has openly criticized MicroStrategy co-founder Michael Saylor's recent remarks on Bitcoin self-custody. During a recent interview, Saylor…
Vitalik Buterin Takes Aim at Michael Saylor’s Bitcoin Custody Stance
cryptonews.com MicroStrategy founder Michael Saylor’s recent recommendation that Bitcoin holders should trust large financial institutions for custody has sparked massive controversy…
Tether CEO Emphasizes Need for Sensible Crypto Regulations in the US
cryptonews.com Paolo Ardoino, CEO of the stablecoin issuer Tether (USDT), expressed optimism that the US will soon adopt sensible crypto regulations. Ardoino appeared virtually to the DC…
Vitalik Buterin Slams Michael Saylor’s Pro-Bank Bitcoin Custody Plan
coingape.com Ethereum co-founder Vitalik Buterin has criticized MicroStrategy chairman Michael Saylor’s recent comments supporting institutional custody for Bitcoin. Michael Saylor’s…
Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
bitcoinist.com Solana is emerging as one of the most active networks, looking at engagement levels over the past few months. Despite concerns around FTX and whether asset distribution will…