The Latest Breaking News from FTX

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.

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

Over the past 24 hours, FTX's (CRYPTO: FTT) price has fallen 4.39% to $23.82. This continues its negative trend over the past week where it has experienced a 9.0% loss, moving from $26.11 to its current price.

Crypto lending platform Nexo (CRYPTO:NEXOY) has offered to buy the assets of its rival Celsius (CRYPTO:CEL) after the latter announced a pause on all withdrawals, swaps, and transfers between accounts due to “extreme market conditions.” The offer to buy Celsius's assets ends on June 20

Cryptocurrency markets have been trending lower alongside traditional markets for most of the year as rising inflation continues to spark investor fear.

The tipping point for the crypto markets was the collapse of TerraUSD (CRYPTO: UST). This stablecoin was supposed to remain at $1, however, Terra 

FTX's (CRYPTO: FTT) price has increased 3.1% over the past 24 hours to $26.96, which is in the opposite direction of its trend over the past week, where it has experienced a 6.0% loss, moving from $28.56 to its current price.

Cryptocurrency sponsorship spending for the National Basketball Association (NBA) has seen a significant spike over the previous season.  According to data from IEG consultancy and its Sponsorship Intelligence Database, the NBA has seen an increase in crypto company sponsorship from $1.75 million in the 2020-21 season to $130 million this…

Many cryptocurrency exchanges compete for new users and trading volume from active traders. The month of May saw a change in who led the way for the trading volume of the most valuable and most well-known cryptocurrency.