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Crypto Exchange FTX Unusable for Some Amid Strain of CPI Turbulence

Cryptocurrency exchange FTX was unusable for some customers amid high trading volume following a closely-watched economic report on U.S. inflation. "The Hash" team discusses the latest hiccup and how FTX CEO Sam Bankman-Fried responded to users' concerns.

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Crypto Exchange FTX Freezes Under Strain of CPI Volatility

More than $110 million was liquidated across crypto exchanges in the hour following the U.S. inflation report.

Sam Bankman-Fried (Danny Nelson/CoinDesk)

Финансы

NFT Collection Doodles Raises $54M at $704M Valuation

The venture-capital firm of Reddit co-founder Alexis Ohanian led the funding round.

Doodles holders gather at NFT.NYC 2022. (Eli Tan/CoinDesk)

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Crypto Fund LedgerPrime Planning to Refund Outside Investors

The FTX-owned fund is transitioning to a family office structure.

Brett Harrison, exdirector de FTX.US. (Danny Nelson)

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Crypto Investor FTX Ventures to Take 30% Stake in SkyBridge Capital

The firm, founded by former Trump aide Anthony Scaramucci, will invest some of the funds in crypto assets for its balance sheet.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

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3 Senior Executives Jump From Crypto Lender BlockFi: Sources

The firm is being bought by Sam Bankman-Fried's crypto exchange FTX.

David Olsson, Blockfi's global head of institutional distribution, is leaving the firm. (Morgan Brown/Shutterstock/CoinDesk)

(Morgan Brown/Shutterstock/CoinDesk)

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Crypto Startup Mysten Labs Raises $300M From Industry Heavyweights at $2B Valuation

Binance Labs, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners and the crypto wing of Andreessen Horowitiz were among the participants.

Mysten Labs has raised $300 million at a $2 billion valuation. (Shutterstock)

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GameStop Partners With Crypto Exchange FTX.US to Boost Digital Asset Adoption

The video game retailer also reported a narrower-than-expected net loss for its fiscal second quarter.

(John Smith/VIEWpress)

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FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner

The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.

Former Commodity Futures Trading Commission Commissioner Jill Sommers, in a 2011 photo. (Chip Somodevilla/Getty Images)