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Tag: FTX

FTX Launches Debtors’ Customer Claims Portal, Offering Hope for Crypto Refunds
Crypto Exchanges

FTX Launches Debtors’ Customer Claims Portal, Offering Hope for Crypto Refunds

In a significant development for those affected by the collapse of FTX, one of the prominent cryptocurrency exchanges, the long-awaited refund process has finally commenced. AxelBitblaze, a renowned crypto commentator, took to Twitter to announce the launch of the Debtors' Customer Claims Portal, offering both individual and institutional users the opportunity to potentially recover their crypto assets. Read Also: CBOE Bitcoin ETF Applications Forge Surveillance-Sharing Agreements with Coinbase, Await SEC Decision https://twitter.com/Axel_bitblaze69/status/1678835437329330176 The downfall of FTX, which occurred in late 2022, left many users in distress. Investigations revealed that SBF_FTX, the mastermind behind the exchange, had been utilizing customer deposits to cover losses wi...
All To Know About FTX
Crypto Guides

All To Know About FTX

FTX is a cryptocurrency derivatives exchange founded in 2019 by Sam Bankman-Fried and Gary Wang. The exchange is headquartered in Hong Kong, with additional offices in the United States, the Bahamas, and Antigua and Barbuda. In this article, we will explore some of the most important facts about FTX. Read Also: XRP Community Unveils New Evidence For SEC Dishonest In Its Claims In The Ongoing Lawsuits FTX offers a wide range of cryptocurrency derivatives trading products, including futures, perpetual futures, options, and leveraged tokens. The exchange is known for its innovative products, such as the leveraged tokens that allow traders to take leveraged positions on cryptocurrencies without the need for margin or liquidation risk. FTX has a user-friendly interface and a range...
Shiba Inu Becomes Biggest Holding Among Top 500 Whales as Mysterious SHIB Whale Amassed Whopping $5.28 Million Worth of Shiba Inu.
Cryptocurrency

Shiba Inu Becomes Biggest Holding Among Top 500 Whales as Mysterious SHIB Whale Amassed Whopping $5.28 Million Worth of Shiba Inu.

In the Shiba ecosystem, mysterious things happen daily, despite the bearish in the market presently has not made both the Shib Army and the Whales stop being optimistic about the meme coin. Yesterday, Cryptolifedigital reported that over 329 million SHIB tokens were destroyed, just to maintain the Shib price especially because of the present bearish in the crypto market generally. The burning over the 24 hours has resulted in the 332% increase in SHIB burning which eventually lead the crypto enthusiasts to be more optimistic about the popular meme coin. Read Also: First Phase Of Libdogecoin, a building block for creating Dogecoin projects To Be Launched Soon: Dogecoin. Today’s Great News! Shiba Inu bypassed FTX token to assume the position of the biggest Holing among the to...
Goldman Sachs Boss Had A Meeting with FTX CEO Ahead of Potential Public Debut
Cryptocurrency

Goldman Sachs Boss Had A Meeting with FTX CEO Ahead of Potential Public Debut

As stated in a  Thursday report by the Financial Times, Goldman Sachs boss David Solomon had a closed-door meeting with FTX founder Sam Bankman-Fried in the Caribbean in March. The hallmark of the meeting was to forge closer ties between one of the largest banks and the upstart cryptocurrency exchange. According to people familiar with the matter, the discussion was mainly aimed at regulatory issues in the U.S. Goldman is willing to aid FTX to engage with American regulatory agencies, including the Commodity Futures Trading Commission (CFTC). Read Also: Bitcoin Tribalism Holds the Entire Crypto Market Back Says Ripple CEOOn top of that, Solomon also expressed his willingness to provide traditional banking services for the exchange. The two also discussed FTX’s...