FTX


Tech

FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

In addition, the exploiter transferred thousands of ether to a brand-new wallet.

(Adam Levine/CoinDesk)

Opinion

Understanding the FTX Fallout From the Eyes of a Bitcoiner

The financialization, tokenization and the chase of short-term profits seen across Sam Bankman-Fried's trading empire is peak Wall Street.

(Saffu/Unsplash)

Finance

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

Sino Global Capital founder Matthew Graham. (CoinDesk TV)

Web3

Decentraland DAO Considers Pausing Grants as FTX Collapse Spotlights Diversification

The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency.

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Markets

Crypto Market Analysis: Roller-Coaster Week Ends With Bitcoin Volatility Falling

ALSO: This week’s Fed commentary provided something for doves, hawks and those in between. BTC and USD move in tandem.

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)

Videos

FTX Collapse: Ontario Teachers' to Write Off FTX Stake; Genesis Block Reportedly Ceases Trading Services

Ontario Teachers' Pension Plan, one of Canada's largest pension funds with nearly $250 billion in assets under management (AUM), will write down the entirety of its $95 million investment in FTX after the troubled crypto exchange filed for bankruptcy protection. And Genesis Block will cease over-the-counter (OTC) trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to a Reuters report. Genesis Block Trading is unrelated to Genesis Global Capital, which is owned by Digital Currency Group (DCG). DCG is also the parent company of CoinDesk.

Recent Videos

Videos

Bitcoin Trading Sideways Around $16K Amid FTX Gloom

CoinDesk Markets Managing Editor Brad Keoun and Tech Managing Editor Christie Harkin review the impact of crypto exchange FTX's implosion on bitcoin as the cryptocurrency continues to trade sideways around $16,000. Plus, what it reveals about the need for self custody and the state of the crypto industry.

Recent Videos

Videos

Bitcoin Outlook Amid Record Outflows in Wake of FTX Collapse

CoinDesk's Brad Keoun and Christie Harkin discuss their outlook for bitcoin (BTC) outflows from centralized exchanges and the wider crypto markets amid the continued FTX contagion.

Recent Videos

Videos

Crypto’s Swooning: Total Market Cap Falling to Early 2021 Levels

On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market cap has plunged to $319 billion from above $1 trillion last November. The current market cap for the industry hasn’t been this low since early last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Videos

FTX Bankruptcy Jurisdiction Fight?

The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. "The Hash" panel discusses the latest developments in FTX's bankruptcy.

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