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The majority of Senators were able to clearly distinguish between the technological shortcomings at FTX and human errors.
US Senate Banking Committee Holds Meeting on FTX Collapse
The former FTX cryptocurrency exchange's founder, Sam Bankman-Fried, has been arrested in the Bahamas, as per the country's attorney general.
FTX founder Sam Bankman-Fried Got Arrested in the Bahamas
FTX collapse has shrunk a significant amount of Star Atlas liquidity, but the company is looking towards alternative funding options.
Star Atlas CEO says Company Maintains Commitment Despite Collapse of FTX
According to a statement on the company's Twitter account, cryptocurrency exchange FTX, founded by Sam Bankman-Fried, has filed for Chapter 11 bankruptcy protection in the United States.
Cryptocurrency exchange FTX files for bankruptcy due to a $8 billion shortfall; how will this affect crypto games?
In a dramatic turn of events, Binance has confirmed that it is walking away from the FTX deal. This leaves the troubled exchange with no choice but to either find a new buyer at once or go bankrupt.
Binance Walks Away from FTX Bailout Over Issues Beyond its Control
Thanks to the latest partnership with FTX, Reddit users will now be able to buy Ethereum directly in the social media platform's app, the giant crypto exchange announced Tuesday.
Reddit and FTX update "community points" to make crypto rewards accessible to beginners
The create-to-earn Web3 gaming platform has also launched in alpha, allowing interested creators to sign up to a waitlist to get an early look at the no-coding game builder.
Web3 gaming platform Soba secures $13.6 million in seed round led by Lightspeed Venture Partners, FTX Ventures and Cherry Ventures