FTX News

Galaxy Digital, the digital bank founded by Michael Novogratz, is poised to become the largest validator in the Solana network. Galaxy Digital, a global crypto-focused financial services firm founded by Bitcoin bull Michael Novogratz, is set to surpass Coinbase as…

The crypto venture firm Pantera Capital says Ethereum’s losing steam as Solana has become a “major contender for the future of blockchain development.” Pantera Capital, a crypto venture capital firm managing billions in assets, reportedly eyeing a purchase of millions…

Gemini will make this payment as a settlement for a crypto fraud claim in New York. Gemini is also banned from operating lending programs in New York. Letitia James, the New York Attorney General, announced that her office has successfully…

FTX agreed to pay the Internal Revenue Service $885 million to settle a $24 billion tax claim the agency levied during bankruptcy proceedings.

FTX first tried to sell its Anthropic shares in June 2023, but the attempt was halted. Since then, the trendy AI sector drove up the value of Anthropic shares, resulting in over $800 million in profits.

Gemini Earn users will receive triple the value of assets locked in the lending product after debacles with FTX and Genesis. 

Speaking at Consensus 2024, Republican majority whip Tom Emmer shared his perspective on cryptocurrency regulatory efforts in Washington. 

Ryan Salame’s sentence insight into the fates that lie ahead for SBF’s inner circle, which also includes his on-off girlfriend Caroline Ellison and head of engineering Nishad Singh. Prosecutors had sought five to seven years for former FTX executive Ryan…

The first of Sam Bankman-Fried’s associates to plead guilty to criminal charges has been sentenced to 7.5 years in prison. This length exceeds the prosecutors’ request for Ryan Salame, a former FTX executive, to be imprisoned for five to seven…

In a final move concluding weeks of auctions, the estate of the bankrupt crypto exchange FTX has completed the sale of $2.6 billion worth of deeply discounted Solana tokens.

Nancy Pelosi, the former United States House of Representatives Speaker, could be backing the Financial Innovation and Technology for the 21st Century Act (FIT21), a Republican-led crypto bill. According to sources familiar with Pelosi’s approach, Pelosi could support the bill,…

Former FTX executive Ryan Salame faces a potential five to seven years in prison as prosecutors emphasize the gravity of his criminal activities. Federal prosecutors have recommended that former FTX executive Ryan Salame serve five to seven years in prison…

This is Part One of a three-part series interview with William Quigley, a cryptocurrency and blockchain investor and co-founder of WAX and Tether, conducted by Selva Ozelli exclusively for crypto.news.

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse…

On the heels of news that FTX customers may reimbursed in full, FTX Token (FTT) registered an impressive run over the past day. FTT is up by 35.6% in the past 24 hours and is trading at $2.16 at the…

Bankrupt cryptocurrency exchange FTX has amassed billions in extra money to fully repay its 2 million customers, marking a new twist in bankruptcy proceedings. Cryptocurrency exchange FTX which went bankrupt in late 2022 has accumulated billions more than it needs…