Genesis Trading reports that its derivatives division has $175 million in its FTX account
Genesis Trading said that its derivatives company had exposure to FTX notwithstanding the continued collapse of the cryptocurrency exchange."As part of our…
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More than $250,000,000 worth of Bitcoin withdrawn from FTX
According to the blockchain monitoring platform Glassnode, FTX saw a significant amount of Bitcoin (BTC) leave the exchange shortly after word broke that the…
Circle CEO Allaire compares the FTX problem to the Lehman Brothers bankruptcy
In light of the FTX issue, Jeremy Allaire, co-founder and CEO of Circle gave his opinions on the necessary industry adjustments."Finally, as someone who has…
FTX drama costs crypto $100 billion
Shockwaves from the events at one of the main cryptocurrency exchanges have spread across the crypto industry, leaving most investors counting their losses and the…
Someone mined $70,000 worth of XEN by abusing FTX’s withdrawal fee subsidy
Someone has taken advantage of the cryptocurrency exchange FTX's readiness to pay its customers' blockchain transaction costs.This is an uncommon…