Latest News

Embattled crypto exchange FTX may be given the green light to start selling its digital assets this week and it has a massive stash of Solana (SOL).

FTX has announced that it has connected various BitGo back to their original chain on its platform X.

After the surges in PERP and FORTH, MOVR, RSS3, FTT, C98, MLN, and CVC are the coins that investors should be keeping an eye on.

In a recent development, FTX, a cryptocurrency exchange currently navigating bankruptcy, has caught the attention of the crypto community by transferring a significant $10 million worth of altcoins from its Solana wallet to the Ethereum network through the Wormhole bridge in just four days. This move has sparked concerns about the potential impact on the token market, raising questions about the exchange's ongoing debt resolution strategy.

In a development that has sent ripples through the cryptocurrency community, large transfers of funds associated with the FTX wallet have been observed, igniting fears of a potential token dump.

The token movements have sparked rumours that the exchange might be gearing up for potential sell-offs.

The move has sparked fears that the moved tokens, and more from FTX's holdings, could be sold in the markets.

A wallet held by bankrupt crypto exchange FTX shifted $10 million worth of digital assets from Solana SOL to Ethereum, raising concerns of potential token dumps during bankruptcy proceedings.

The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets.

Fears of the FTX estate dumping its tokens all at once are likely overblown, though the matter is expected to face the court soon.

Bankrupt digital currency trading platform, FTX Derivatives Exchange is reportedly making transfers of its tokens in what has stirred a new level of intrigue in the broader crypto ecosystem. FTX and Fund Transfers The trading platform is still in the process of settling its creditors and these observed token transfers have cast a series of

FTX Trading has presented an agenda for the upcoming bankruptcy hearing scheduled for August 23, 13:00 Eastern Time, before Judge John T. Dorsey of the Delaware Bankruptcy Court.

A community member has argued that FTX's BIT tokens should not be automatically converted because of disqualifying factors.

Proceedings against FTX go a step further as former FTX Digital Markets co-CEO, Ryan Salame, may potentially be pleading guilty.

The bankrupt crypto exchange FTX has submitted a draft reorganization plan to the courts to pay back creditors. The draft plan, filed with a US bankruptcy court on Monday, calls for scrapping claims based on holdings of the disgraced company's native token, FTT.

Defunct crypto exchange FTX announced its plans for rebooting the platform and paying back its creditors; the FTT token reacted by a sudden 15% surge in price. The Restart of the FTX Offshore Exchange Will Depend on its Creditors On July 31, 2023, the bankrupt crypto exchange FTX Trading Ltd.

FTX.com, once a prominent player in the cryptocurrency exchange ecosystem, found itself grappling with a series of challenges in November 2022, leading to its collapse. Since then, the crypto market has undergone significant changes, and FTX.com's fate has remained uncertain.

Administrators of the collapsed cryptocurrency exchange FTX, which was founded by alleged fraudster Sam Bankman-Fried, have outlined a proposed repayment plan for the estimated US$8bn at stake in the high-profile bankruptcy proceeding. One class of creditors that is unlikely to claw anything is the holders of FTX's FTT token.

The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0.

Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX.com. On August 1, the company's bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only.

The re-booted exchange would only cater to the offshore customers and not US investors.

Bankrupt FTX has submitted a proposal to restart its international exchange if it can get the offshore customers to agree, according to a July 31 court filing. FTX restart plan According to the filing, FTX classified its creditors into different categories, including one that called its international users the “dotcom customers.

Bankrupt crypto exchange FTX filed its initial reorganization plan on Monday, suggesting that it will settle creditor claims in cash as part of the repayment process.

Cryptocurrency exchange FTX is plotting an intriguing comeback strategy for its international services, sparking a surge of around 10% in the value of its native FTT token. Amid a backdrop of legal wrangling and disputes, the company's reboot plans for its global clientele hinge on the pooling of assets to create an offshore exchange entity.