Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to m...
05 Jun, 2026, 09.09 PM IST
Crypto exchange FTX to sell shares in AI startup AnthropicFTX invested $500 million in Anthropic in 2021, and currently holds a 7.84% stake in the company, according to court documents. The company...
23 Feb, 2024, 09.43 AM IST
The crypto market still bears the scars of FTX's collapseSam Bankman-Fried, the former CEO of FTX, stands trial in New York on Tuesday, charged with seven counts of fraud and conspiracy stemming f...
03 Nov, 2023, 11.45 AM IST
Sam Bankman-Fried's dipping into customers' funds was done unilaterally: Nishad SinghSingh testified that he learned two months before the crypto exchange blew up that it was improperly using customers' money.
16 Oct, 2023, 09.24 PM IST
Sam Bankman-Fried trial: confidant Caroline Ellison faces cross-examinationEllison said through tears that she lived in "dread" the truth would come out, and that FTX's ultimate collapse last year brought an "overw...
12 Oct, 2023, 07.40 PM IST
Sam Bankman-Fried's trial: four key points raised in opening statementsThe trial of FTX founder Sam Bankman-Fried began with opening statements from both the prosecution and defense. Prosecutors accused Bankman...
05 Oct, 2023, 10.44 AM IST
The crypto market still bears the scars of FTX's collapseSam Bankman-Fried, the former CEO of FTX, stands trial in New York on Tuesday, charged with seven counts of fraud and conspiracy stemming f...
03 Oct, 2023, 04.25 PM IST
FTX US judge expresses doubts about parallel Bahamian bankruptcyLiquidators for FTX Digital Markets, the exchange's Bahamas-based subsidiary, have asked US Bankruptcy Judge John Dorsey to let them seek a...
09 Jun, 2023, 11.54 AM IST
FTX bankruptcy judge rejects call for new investigation into crypto exchange's collapseJudge John Dorsey in Wilmington, Delaware, rejected a request by the US Department of Justice's bankruptcy watchdog.
15 Feb, 2023, 10.28 PM IST
FTX investor sues Sequoia Capital, Thoma Bravo, ParadigmVenture capital firms have faced criticism for plowing huge sums into FTX at towering prices. The company was valued at more than $32 billi...
15 Feb, 2023, 10.15 AM IST
Sequoia Capital cuts fees for new funds amid VC slowdownThe changes in fee structure allow limited partners (LPs) who committed capital to Sequoia's crypto and ecosystem funds launched early last...
13 Jan, 2023, 01.02 PM IST
Solana crypto token loses most of its value in 2022, FTX collapse weighsThe collapse of FTX has rippled across the industry, hobbling liquidity at firms with exposure to what was once one of the world's biggest ...
29 Dec, 2022, 04.01 PM IST
Singapore's Temasek holds internal review of $275 million FTX-related lossTemasek had invested about $275 million in FTX, which it said it has decided to write down after the spectacular collapse of the exchange.
30 Nov, 2022, 12.07 PM IST
Investor studied crypto for years, then missed FTX’s red flags“None of us has run a company before and we’d like $100 million by next Tuesday,” Bankman-Fried told David Rubenstein in August about the r...
20 Nov, 2022, 10.21 AM IST
In FTX storm, world's largest crypto fund GBTC sweptThe world's largest crypto fund, Grayscale Bitcoin Trust (GBTC), is swept off in the FTX storm.
18 Nov, 2022, 09.44 PM IST
FTX's Sam Bankman-Fried begged for a rescue even as he revealed huge holes in firm's booksHunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world's biggest investors, including Sequoia...
16 Nov, 2022, 02.41 PM IST
Coinbase to write off investment that its ventures arm made in FTX: SourceCoinbase had said in a blog post Tuesday that the company has $15 million in deposits on FTX that were used to facilitate business operatio...
12 Nov, 2022, 09.31 AM IST