Ftx Assets

BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in thecryptocurrency industry following FTX's collapse. 

FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers. 

Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in US dollars and minimize risks related to price volatility in crypto markets.

The overall crypto market cap fell by 1.22 percent in the last 24 hours. After a US court allowed FTX to liquidate the remainder of its BTC, ETH, and SOL crypto assets, the value of most cryptocurrencies recorded profits. Some cryptocurrencies did see losses on Thursday, September 14. These include Bitcoin SV and Spell Token.

Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.

Nasdaq refiled an application with the US SEC to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details. The refreshed filing said that Coinbase Global will provide market surveillance in support of the proposed ETF from the world's largest asset manager.

The US Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds (ETFs) were not sufficiently clear and comprehensive, a source familiar with the matter said. The SEC has communicated its concerns to the exchanges Nasdaq and Cboe Global Markets which filed the applications o...

Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as early as 2020, according to a report released by FTX on Monday. Some banks began rejecting wires to or from Alameda the same year that the cryptocurrency exchange scrambled to access the US banking system, the ...

Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.

Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...

Instagram, TikTok, YouTube, and Twitter have been targeted in a new complaint by the BEUC, and these online platforms could face action over the facilitation of misleading advertisements of crypto assets. In May, the EU adopted the Markets in Crypto Assets (MiCA), a comprehensive set of rules to regulate crypto assets.

British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said "refer a friend" bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to p...

Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform. FTX closed on the Embed acquisition just six weeks before the crypto exchange collapsed ...

Bitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant risks to consumers, a panel of UK lawmakers said in a report on Wednesday.

European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate crypto assets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.

BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in thecryptocurrency industry following FTX's collapse. 

FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers. 

Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in US dollars and minimize risks related to price volatility in crypto markets.

The overall crypto market cap fell by 1.22 percent in the last 24 hours. After a US court allowed FTX to liquidate the remainder of its BTC, ETH, and SOL crypto assets, the value of most cryptocurrencies recorded profits. Some cryptocurrencies did see losses on Thursday, September 14. These include Bitcoin SV and Spell Token.

Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.

Nasdaq refiled an application with the US SEC to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details. The refreshed filing said that Coinbase Global will provide market surveillance in support of the proposed ETF from the world's largest asset manager.

The US Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds (ETFs) were not sufficiently clear and comprehensive, a source familiar with the matter said. The SEC has communicated its concerns to the exchanges Nasdaq and Cboe Global Markets which filed the applications o...

Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as early as 2020, according to a report released by FTX on Monday. Some banks began rejecting wires to or from Alameda the same year that the cryptocurrency exchange scrambled to access the US banking system, the ...

Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.

Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...

Instagram, TikTok, YouTube, and Twitter have been targeted in a new complaint by the BEUC, and these online platforms could face action over the facilitation of misleading advertisements of crypto assets. In May, the EU adopted the Markets in Crypto Assets (MiCA), a comprehensive set of rules to regulate crypto assets.

British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said "refer a friend" bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to p...

Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform. FTX closed on the Embed acquisition just six weeks before the crypto exchange collapsed ...

Bitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant risks to consumers, a panel of UK lawmakers said in a report on Wednesday.

European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate crypto assets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.