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The Latest Breaking News from Crypto

Investors expect crypto turmoil to get worse

Cryptocurrency markets endured heavy losses on Thursday, with bitcoin near a two-year low as investors fretted about the fallout from the implosion of FTX, the world’s second-largest crypto exchange.

Bangkok Post

Bitcoin, Ethereum, Dogecoin Rout Deepens: Analyst Says 'Implosion Of FTX Means No One Is Safe'

Major coins plunged sharply on Wednesday evening amid a wider rout as the cryptocurrency market capitalization dropped 11.3% to $812.9 billion at 8:30 p.m. EST.

Benzinga

Los Angeles Lakers vs. Los Angeles Clippers, live stream, TV channel, time, how to watch the NBA

The Los Angeles Lakers will meet the Los Angeles Clippers in NBA action on Wednesday night from Crypto.com Arena.

USA Today Sports Media Group

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Sam Bankman-Fried's FTX empire faces US probe into client funds, lending

U.S. regulators are investigating whether beleaguered crypto-exchange FTX.com mishandled customer funds, and they’re looking into the firm’s relationships with other parts of Sam Bankman-Fried’s crypto empire.

Tribune News Service

Michael Hiltzik: A cryptocurrency billionaire implodes, showing that the whole field is built on quicksand

For a while there, Sam Bankman-Fried looked like the real thing.

Los Angeles Times

FTX collapse leads to questions about whether crypto exchanges are safe.

With the overnight collapse of FTX, which was viewed as the future of the crypto industry, is it safe to leave your money in crypto exchanges?

Fortune

After Binance balks, what's next for SBF and FTX?

The news comes a day after Binance said it signed a letter of intent to buy its rival.

Fortune

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4 tips for safely buying and selling cryptocurrency

Whether you’re looking to buy the dip or sell your crypto, here’s how to protect your wallet and your information while doing so.

Fortune

Over a million customer crypto accounts at risk as Binance abandons FTX acquisition

The US Securities and Exchange Commission is reported to be expanding its investigation into the beleaguered crypto exchange

Evening Standard

Binance Drops FTX Acquisition, Cryptos Trade Deep In The Red: 'The Issues Are Beyond Our Control'

Binance walked away from a deal to acquire FTX.com Wednesday after examining the company’s financials.

Benzinga

Binance CEO Says No 'Master Plan' To Take Over FTX, Warns Employees 'DO NOT Trade FTT Tokens'

Binance CEO Changpeng Zhao on Wednesday asserted he did not “master plan” the deal with FTX and the failure of Sam Bankman-Fried's cryptocurrency exchange was in no way a win for the world’s

Benzinga

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag

Benzinga

The big crypto winner of the midterms? The SEC and CFTC

Why the Democrats’ outperformance and crypto turbulence may empower regulators.

Fortune

What happens to my funds if a crypto exchange collapses?

If your crypto exchange goes under, you could have a difficult time recovering your money.

Fortune

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Benzinga

Crypto's White Knight Needs A White Knight: Could The FTX/CZ Drama Be Sam Bankman-Fried's Fall From Grace?

FTX co-founder Sam Bankman-Fried was riding high for several years with his company rapidly growing market share in the cryptocurrency space. The increase in valuation for FTX helped Bankman-Fried’s wealth increase and also led to partnerships and deals with sports teams and athletes around the world.

Fortune

Chinese crypto billionaire poised to acquire distressed rival says it’s not a ‘win’

Binance made a nonbinding offer to buy FTX on Tuesday. The deal was already looking shaky on Wednesday.

Fortune

How will the Binance-FTX drama affect Solana? Here's what we know so far

Solana's SOL and other cryptocurrencies dubbed "Sam's Coins" are tanking amid the uncertainty surrounding the potential deal between Binance and FTX.

Benzinga

Amid FTX Collapse And Regulatory Inquiries, Crypto Exchanges Hustle To Prove Reserves

At least nine cryptocurrency exchanges have come forward to provide proof of fund reserves as the market comes to terms with insolvency fears on the heels of FTX’s native token (CRYPTO: FTT)

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Axios

A tentative crypto deal looks increasingly shaky

Folks are starting to wonder if, after the dust settles, there will be an FTX.com left for Binance to buy.

Benzinga

Crypto Crash, Recession Fears Push Investors To Gold: A Look At The Commodity And This 2X Leveraged Fund

Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was trading flat on Wednesday in consolidation after surging more than 12% on Tuesday.

The Independent UK

Cryptocurrencies slump again amid fallout from FTX sale

Bitcoin slumped to a two-year low and other digital assets sold off Wednesday following the sudden collapse of crypto exchange FTX Trading

Fortune

The winners and losers from the FTX assassination

Tuesday may have been crypto's darkest day ever. Now what?

Zenger

White Hat Hack Was A ‘Terrorist Attack’ To Make A Profit, Crypto Exchange Claims

This reduced the value of the tokens and drained the PancakeSwap pool.

Fortune

Sam Bankman-Fried quietly deletes his claim that FTX customer funds are safe

The future of client assets locked on crypto exchange FTX remains uncertain, with a Binance deal that can bail out the company depending on a closer look at the books.

Fortune

Why the Binance/FTX acquisition could be a big blow to crypto VC

Binance agreed to acquire rival FTX, and it could be bad news for the whole crypto venture space.

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