FTX hacker starts swapping millions of DAI for Ether
A crypto address connected to the suspected drain of FTX accounts is swapping decentralized stablecoin dai for ether in a…
FTX — an abbreviation of Futures Exchange — is a cryptocurrency trading firm co-founded in 2018 by Sam Bankman-Fried and Gary Wang.
FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products. Founded in 2018 by MIT graduate and former Jane Street Capital international exchange-traded funds trader Sam Bankman-Fried, FTX offers a range of trading products, including derivatives, options, volatility products, and leveraged tokens. It also provides spot markets in over 300 cryptocurrency trading pairs such as BTC/USDT, ETH/USDT, XRP/USDT, and its native token FTT/USDT.
Bahamas-based FTX and its FTX US affiliate have overlapping management teams but separate capital structures. U.S. residents can only trade through FTX US.
A crypto address connected to the suspected drain of FTX accounts is swapping decentralized stablecoin dai for ether in a…
FTX, the crypto exchange founded by Sam Bankman-Fried that filed for bankruptcy last week, said it may have more than…
Former FTX CEO Sam Bankman-Fried told the New York Times that he had numerous regrets over the collapse of the…
As the crypto exchange FTX unravelled this month, the spotlight has remained firmly on its CEO, Sam Bankman-Fried, who cultivated a public…
Payments company Visa has terminated its partnership with FTX amid the cryptocurrency exchange’s ongoing collapse. “The situation with FTX is…
FTX’s new CEO John Jay Ray III called on staff to rally together during an all-hands meeting after last week’s…
FTX confirmed Saturday afternoon that there was “unauthorized access” to crypto it is holding, following a reported hack. FTX’s general…
FTX had only $900 million in liquid assets against $8.9 billion in liabilities on the eve of bankruptcy, the Financial…
Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on…
Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message…