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( AS on - September 10, 2025 12:00 AM IST )

Binance to commit $1 billion for crypto recovery initiative

The move comes at a time when the crypto market is teetering from the collapse of FTX.
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FTX founder Sam Bankman-Fried to speak at New York Times DealBook summit Subscriber Only

True to form, Bankman-Fried on Wednesday tweeted that he would in fact be speaking with New York Times’ Andrew Ross Sorkin at the summit in New York next week
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FTX was run as ‘personal fiefdom,’ faces hacks, missing assets: Attorneys

An attorney also said the firm had been run as a "personal fiefdom" of Bankman-Fried with $300 million spent on real estate such as homes and vacation properties for senior staff.
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FTX shows need to regulate crypto before it gets big, says Bank of England

Currently, crypto firms in Britain only have to show they can put in place sufficient controls to stop money-laundering, though many firms have had licence applications rejected by UK regulators.
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FTX owes its 50 biggest unsecured creditors more than $3 billion Subscriber Only

FTX-linked entities owe their single biggest unsecured creditor more than $226 million, according to a redacted list of top 50 creditors filed late Saturday.
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Ethereum co-founder Vitalik Buterin says FTX saga offers lessons for crypto Subscriber Only

The collapse of FTX contains lessons for all of crypto, according to Ethereum co-founder Vitalik Buterin. Buterin emphasised the stability of crypto’s so-called underlying technology, the blockchain
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SBF and FTX face criminal investigation: Here’s what has happened so far Subscriber Only

While no charges have been filed and no one’s been arrested, the US is looking to extradite SBF.
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FTX’s SBF begged for a rescue even as he revealed huge holes in firm’s books

Reuters reported Bankman-Fried secretly used $10 billion in customer funds to prop up his trading business, for instance, and that at least $1 billion of those deposits had vanished.
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Collapsed Crypto Exchange FTX Could Owe More Than 1 Million Creditors Subscriber Only

Alameda is among more than 100 related corporate entities that joined FTX in the bankruptcy filing Friday.
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How Sam Bankman-Fried’s Crypto Empire Collapsed Subscriber Only

The empire built by Bankman-Fried collapsed last week after a run on deposits left his crypto exchange, FTX, with an $8 billion shortfall, forcing the firm to file for bankruptcy.
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Crypto exchange AAX halts withdrawals, says FTX put ‘immense pressure’ on industry Subscriber Only

As the crypto world reels from the collapse of FTX, cryptocurrency exchange AAX has suspended withdrawals, citing a glitch in a system upgrade.
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Sam Bankman-Fried’s downfall sends shockwaves through crypto

The ultimate impact of FTX’s bankruptcy is uncertain, but its failure will likely result in the destruction of billions of dollars of wealth and even more skepticism for cryptocurrencies at a time when the industry
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Sam Bankman-Fried: 5 unknown facts about crypto’s fallen king Subscriber Only

FTX has filed for bankruptcy and Sam Bankman-Fried's fall from grace has been swifter than his ascent to the top. Here are five things you might not have known about the young former billionaire.
FTX CEO Sam Bankman-Fried

FTX’s founder was called a modern-day J.P. Morgan Sr. The analogy still works Subscriber Only

Sam Bankman-Fried, founder of the exchange known as FTX, was considered by many to be a safe bet that would tame the wilds of crypto, his industry’s white knight.
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FTX co-founder Bankman-Fried’s assets plummet from $16 billion to zero in days Subscriber Only

In announcing it was filing for Chapter 11 bankruptcy, FTX said Friday in a statement that Bankman-Fried has resigned as chief executive officer and will be succeeded by John J. Ray III.

FTX looks for $9.4 bn in rescue funds, Bahamas freezes some assets

FTX has been buffeted by a rush of customer withdrawals. has discussed raising $1 billion each from Justin Sun, the founder of crypto token Tron, rival exchange OKX and stablecoin platform Tether
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Behind FTX’s fall, battling billionaires and a failed bid to save crypto

The seeds of FTX's downfall were sown months earlier, stemming from mistakes Bankman-Fried made after he stepped in to save other crypto firms as the crypto market collapsed amid rising interest rates.
FTX | Binance

Setting a Kahlo drawing aflame in search of an NFT spark Subscriber Only

The destruction of “Fantasmones Siniestros” (“Sinister Ghosts”) was an example of the high-stakes brinkmanship common in the NFT market.
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Flipkart launches ‘Flipverse’ for virtual shopping in metaverse as part of Diwali sale Subscriber Only

Flipkart Metaverse Flipverse: Flipkart is launching a dedicated virtual shopping experience called ‘Flipverse’ as part of its Diwali sale. The pilot experience will be live on the company’s Android app starting today till the end
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Massive crypto hack drains Mango Markets trading platform of $100 million Subscriber Only

Mango Markets says that it's currently investigating the incident where a hacker was able to extract funds.
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Bored Ape Yacht Club NFT creator Yuga Labs comes under US SEC investigation Subscriber Only

The US SEC is checking whether some of Yuga’s NFTs are closer to stocks
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OECD global framework in place, India to focus on crypto asset regulations Subscriber Only

In the Union Budget, even though the government brought in a tax for cryptocurrencies, it did not proceed ahead with framing any further regulations for it despite the Reserve Bank of India having earlier proposed

Hackers feast on crypto weak link and even Binance isn’t spared Subscriber Only

A total of 2 million Binance Coin -- equivalent to nearly $570 million -- were effectively minted and taken by the hacker. Binance said in a statement that the incident was isolated to BNB Chain,
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Binance-linked blockchain hit by $570 million crypto hack

Binance CEO Changpeng Zhao said in a tweet that tokens were stolen from a blockchain "bridge" used in the BNB Chain.
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Facebook, Instagram users in the US can now connect wallets and share NFTs Subscriber Only

Facebook and Instagram users in the US will now be able to collect their crypto wallets to the platform and share NFTs on it.
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