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Murtuza Merchant

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  • Cryptocurrency
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FTX Used Customer Funds To Fund Risky Bets, Leading To Its Downfall: Report

By Murtuza Merchant
November 10, 11:46 AM
Cryptocurrency exchange FTX used customer assets worth billions to support risky trading bets by its sister trading firm, Alameda Research, which ultimately led to the exchange's collapse, according to a new report.

$FTT

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  • Cryptocurrency
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Tether Freezes $46M In USDT Owned By FTX In Response To Law Enforcement Request

By Murtuza Merchant
November 10, 11:14 AM
In response to a request from law enforcement, stablecoin holder Tether (CRYPTO: USDT) has frozen $46 million in USDT on the Tron blockchain owned by the embattled cryptocurrency exchange F

$USDT

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  • Cryptocurrency
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Binance CEO Says No ‘Master Plan’ To Take Over FTX, Warns Employees ‘DO NOT Trade FTT Tokens’

By Murtuza Merchant
November 9, 5:03 PM
Binance CEO Changpeng Zhao on Wednesday asserted he did not “master plan” the deal with FTX and the failure of Sam Bankman-Fried's cryptocurrency exchange was in no way a win for the world’s

$BNB

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Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

By Murtuza Merchant
November 9, 4:19 PM
In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleag

$FTT

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Amid FTX Fiasco, Exchange’s Legal, Compliance Staff Are Heading For Exits: Report

By Murtuza Merchant
November 9, 2:42 PM
Most of the legal and compliance staff of cryptocurrency exchange FTX have resigned from the company as the embattled firm's acqusition by Binance hangs in uncertainty.  

$ADA

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Amid FTX Collapse And Regulatory Inquiries, Crypto Exchanges Hustle To Prove Reserves

By Murtuza Merchant
November 9, 2:07 PM
At least nine cryptocurrency exchanges have come forward to provide proof of fund reserves as the market comes to terms with insolvency fears on the heels of FTX’s native token (CRYPTO: FTT)

$BNB

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US Regulators Are Investigating FTX Lending, Handling Of Client Funds: Report

By Murtuza Merchant
November 9, 1:16 PM
U.S.

$ADA

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Kim Kardashian, Floyd Mayweather Positioned To Win Lawsuit Over Hyping Token Down 99%

By Murtuza Merchant
November 9, 12:11 PM
After a court tentatively dismissed their case, reality TV star Kim Kardashian, former boxer Floyd Mayweather Jr.

ETH

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  • Cryptocurrency
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Binance To Provide Proof Of Reserves After FTX Acquisition Deal Announced

By Murtuza Merchant
November 8, 4:42 PM
Cryptocurrency exchange Binance will soon initiate the process of providing proof of reserves, to ensure complete transparency, the firm’s CEO and co-founder Changpeng Zhao on Tuesday said, hours after he announced the

$FTT

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Why Did WonderFi Just Acquire Blockchain Development Firm Blockchain Foundry?

By Murtuza Merchant
November 8, 3:46 PM
Technology company WonderFi (OTC: WONDF) has announced the acquisition of Blockchain Foundry Inc (BCF), a blockchain development firm.

WONDF

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