FTX


Markets

Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin

As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Finance

From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried

Sam Bankman-Fried handed over control of his company to the veteran Wall Street  bankruptcy lawyer, who will guide the company’s Chapter 11 process.

(Leon Neal/Getty Images)

Markets

Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?

The token, grappling with the market contagion, is down 4% in the past 24 hours.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)

Finance

Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp

FTX filed for bankruptcy and FTX US later froze withdrawals, before reversing course.

Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

Videos

Sam Bankman-Fried’s Roommates in the Bahamas Ran His Crypto Empire – and Dated

A new CoinDesk report reveals that Sam Bankman-Fried and his roommates, who shared a luxury penthouse in the Bahamas, ran his now-struggling crypto exchange FTX and trading giant Alameda Research, while at times, dating each other. "The Hash" panel discusses the latest details behind FTX's operations.

Recent Videos

Videos

The Case for DeFi Amid FTX Fallout

"The Hash" panel discusses the meltdown of Sam Bankman-Fried's crypto trading empire FTX and what the fallout means for the future of decentralization.

Recent Videos

Videos

Sam Bankman-Fried Resigns as FTX Files for U.S. Bankruptcy Protections

Crypto exchange FTX filed for bankruptcy protection in the U.S. as CEO Sam Bankman-Fried also resigns from his role, but will "assist in an orderly transition." John Ray III is the new CEO. "The Hash" panel discusses the latest in the downfall of the FTX empire.

Recent Videos

Finance

FTX Withdraws US CFTC Derivatives Clearing Plan

The company previously submitted a plan that it hoped would allow customers to assess and respond to derivatives risks in real time.

(Jesse Hamilton/CoinDesk)

Policy

FTX Employees Worldwide Learned of Bankruptcy Along With the Public

Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Finance

US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing

Investors appear to be favoring more regulated and transparent platforms.

(Chesnot/Getty Images)