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The Latest Breaking News from FTX

Sam Bankman-Fried's FTX Isn't Taking Bad Debt: Walks Away From Celsius Acquisition

FTX CEO Sam Bankman-Fried is taking a bullish stance amid the “great depression” of cryptocurrency. Instead of joining the list of peers hedging losses by slashing workforces by upwards of 20%, FTX is on a mergers and acquisitions tear, acquiring three firms this year alone.

Benzinga

Amid 'Existential Priority,' Coinbase Seeks To Accelerate Europe Expansion

San Francisco-based cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) is reportedly doubling down on its overseas expansion, registering in markets including Italy, Spa

Benzinga

Crypto Crash Exposes Robinhood and Coinbase To Predators

A year can be a lifetime in the cryptocurrency world as major players are reeling from heavy losses.

The Street

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Cryptocurrency FTX Decreases More Than 5% Within 24 hours

Over the past 24 hours, FTX's (CRYPTO: FTT) price has fallen 5.45% to $24.87. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $25.66 to its current price.

Benzinga

The Young Billionaire Who Wants to Save Crypto From Chaos

Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried.

The Street

Sam Bankman-Fried, the Young Billionaire Who Wants to Save Crypto

Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried.

The Street

Why Is Dogecoin Slumping Today?

Dogecoin (CRYPTO: DOGE) traded 8.35% lower at $0.065 over 24 hours leading up to the early hours of Wednesday. The meme cryptocurrency declined along with the global cryptocurrency market cap, which fell 3.75% to $902.3 billion at press time.

Benzinga

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Some Crypto Exchanges Are 'Secretly Insolvent' And 'Too Far Gone,' FTX Chief Tells Forbes

Sam Bankman-Fried, founder and CEO of crypto exchange FTX, warns that some cryptocurrency exchanges may already be insolvent and that failures are imminent.

Benzinga

$100 Invested In Robinhood Right Now Would Be Worth This Much If It Hits Same Level As At Height Of Dogecoin Mania

Robinhood Markets, Inc. (NASDAQ: HOOD) rallied strongly on Monday amid rumors that cryptocurrency exchange FTX could be eyeing acquiring the trading app.

Benzinga

Robinhood Shares Pop On Takeover Talk, FTX CEO Has This To Say On M&A Chatter

Stock and cryptocurrency platform Robinhood Markets (NASDAQ: HOOD) saw shares surge Monday as it was reported the company could soon be acquired. Here’s the latest.

Benzinga

Why Coinbase Dipped Lower Following Robinhood Markets News

Coinbase Global Inc (NASDAQ: COIN) shares are trading lower by 10.99% to $55.82 Monday afternoon after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $70 to $45. Weakness later in the day also came following a report FTX is said to be exploring a deal…

Benzinga

Report Of FTX's Interest In Robinhood Comes 1 Week After This Acquisition

FTX is seeking to acquire Robinhood Markets Inc (NASDAQ: HOOD), Bloomberg reported Monday.

Benzinga

Why Robinhood Markets Shares Are Popping Off Today

Robinhood Markets Inc (NASDAQ: HOOD) shares are trading higher by 14.19% to $9.14 Monday afternoon following a report that FTX is said to be exploring a deal for the company.

Benzinga

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

The Street

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Benzinga

Crypto Exchange FTX In Talks To Acquire Stake In BlockFi After Extending $250M Credit Line: Report

The Terra (CRYPTO: LUNA) crash caused the crypto market to plummet more than 67% from its all-time high, brought about individual investors to lose billions of dollars and triggered liquidations of crypto enterprises that could not repay overcollateralized margin loans.

Benzinga

A Crypto Phone? The Company Behind This Leading Cryptocurrency Is Launching One

Technology giants such as Apple Inc (NASDAQ: AAPL) and Samsung may have competition in the mobile phone market soon. A leading blockchain company announced a new mobile phone coming in 2023.

Benzinga

Cryptocurrency FTX Up More Than 6% In 24 hours

Over the past 24 hours, FTX's (CRYPTO: FTT) price has risen 6.9% to $27.56. This continues its positive trend over the past week where it has experienced a 17.0% gain, moving from $23.81 to its current price. As it stands right now, the coin's all-time high is $84.18.

Benzinga

FTX Bolsters Bid To Provide Trading 'That Spans All Asset Classes'

FTX US announced its acquisition of Embed Clearing, a specialist in white label brokerage experiences it provides to broker-dealers and registered investment advisors.

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Benzinga

BlockFi Received A $250M Revolving Credit Facility From FTX: Here's How It Will Help

BlockFi, a crypto lending firm, has confirmed a $250 million credit facility from FTX (CRYPTO: FTT).

Benzinga

Coffee And Crypto: What's The Price Of Bitcoin Tuesday?

The worldwide cryptocurrency market capitalization Tuesday is at $921 billion, up from $892 billion on Friday afternoon. Following an announcement that it would cut staff by 20%, BlockFi said this morning that it signed a term agreement with crypto lender and platform FTX to secure a $250-million revolving credit facility.

Tribune News Service

Crypto-linked super PACs boost spending on primary races

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

Roll Call

Crypto-linked super PACs boost spending on primary races - Roll Call

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

Chicago Sun-Times

Crypto billionaire’s PAC spends nearly $1 million in Illinois Democratic congressional primaries

A PAC bankrolled by crypto billionaire Samuel Bankman-Fried poured $500,065 into television ads to elect Jonathan Jackson to Congress from the 1st District.

WEKU

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

Benzinga

Crypto Broker Voyager Digital Secures $485M Loan From Bankman-Fried's Alameda

Crypto broker firm Voyager Digital Ltd (OTC: VYGVF) has signed a deal with Alameda Research, a quant trading firm from FTX founder Sam Bankman-Fried, to secure a credit facility to safeguard its customers' assets in line with the current market volatility,

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