FTX


Videos

FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood

According to an SEC filing, FTX CEO Sam Bankman-Fried bought 56 million Robinhood (HOOD) shares on May 2, representing a 7.6% stake in the popular trading app. HOOD rose more than 20% upon the news. "The Hash" hosts react, discussing what could be next. Is a Robinhood-FTX.US merger on the horizon?

Recent Videos

Videos

FTX and Yellen Hearings on Capitol Hill: Top Takeaways

The House Committee on Agriculture hosted a hearing Thursday examining FTX’s proposal on clearing customers’ margin-backed swaps trades. Separately, Treasury Secretary Janet Yellen testified on the economy and the annual financial stability report before the House Financial Services Committee. CoinDesk’s Nikhilesh De discusses the key takeaways.

CoinDesk placeholder image

Markets

LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt

Transactions conducted during the blockchain halt are not considered to be final because they can’t be settled.

(Wikimedia Commons)

Policy

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen

FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.

CoinDesk placeholder image

Videos

Crypto in Focus on Capitol Hill

The House Financial Services Committee is holding a hearing on the Financial Stability Oversight Council with Janet Yellen. Separately, the House Agriculture Committee is expected to hold a hearing on the FTX disintermediation proposal. CoinDesk’s Nikhilesh De discusses what to expect. Plus, reactions to EU reportedly looking to ban large-scale stablecoins.

CoinDesk placeholder image

Finance

FTX US Reveals New York Trust Charter Application

A trust charter from the New York State Department of Financial Services enables digital asset companies to offer crypto trading and custody services in the Empire State.

New York

Layer 2

Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds

The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.

More than $8M worth of USDT passed through Bankoff's wallets since December 2020, but less than $2,000 remains.

Policy

US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades

As the CFTC is still considering FTX.US' application, lawmakers will examine the potential trend at hearing.

The House Committee on Agriculture led by Rep. David Scott (D-Ga.) is set for a May 12 hearing to discuss FTX's effort to directly clear customers' swaps trading. (Bill O'Leary-Pool/Getty Images)

Finance

Wall Street Goes Crypto in the Bahamas

The inaugural Crypto Bahamas conference was a four-day flex of FTX’s expanding empire – with a new era of “corporate crypto” firmly on display.

Coming or already here? (Danny Nelson/CoinDesk)

Markets

Crypto Funds Suffer Fourth Straight Week of Outflows as Bitcoin Stalls

Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares.

Digital-asset funds had $120 million in net outflows in the seven days through April 29. (CoinShares)