Bitcoin
New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried's Tenure
Sam Bankman-Fried’s unconventional style is under the spotlight as bankruptcy professionals pore over the FTX collapse. Source link
Bitcoin
Bitcoin
The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto
The combined market cap of the largest stablecoins reached a peak of $186 billion in May, before the Terra/LUNA collapse, the note said. That compares with less than $30 billion at the start of 2021 […]
Bitcoin
FTX Exploiter Swaps Thousands of Stolen BNB Crypto Tokens Into Ether, BUSD
Some 10,000 BNB tokens were converted into 2,000 ether, worth over $2.4 million at current rates, and a total of 19,714 BNB became $5 million of BUSD over two transactions. The BNB and BUSD tokens […]
Bitcoin
Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
“The Joint Provisional Liquidators’ findings to date indicate that serious fraud and mismanagement may have been committed” with respect to the group, said the document filed in the U.S. Bankruptcy Court of the Southern District […]
Bitcoin
Binance to Relaunch Bid for Bankrupt Lender Voyager: Source
The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance. Source link
Bitcoin
Bitcoin Price Trends Below $17,000, What’s Ahead For The Crypto King?
The Bitcoin and crypto market has been volatile for most of 2022. Judging from the prolonged bear market, most experts were optimistic that it was close to an exit point. However, recent trends in the […]
Bitcoin
A Large Number of Bitcoin Retail Investors Incur Losses, BIS Study Reveals
The BIS (Bank of International Settlements) is a Switzerland-based bank belonging to 63 national central financial institutions that recently revealed a new survey based on Bitcoin. Primarily, the BIS offers various banking services to several […]
Bitcoin
First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle
The widening fallout from FTX, now includes Genesis Global Capital’s decision to pause withdrawals. Could TradFi be swept up next in the crisis? Source link
Bitcoin
What Are Utility NFTs?
As utility NFTs have evolved, they’ve also presented new ways to provide holders with digital access to events and platforms. Americana, for example, is an online marketplace for physical collectors seeking luxury items, similar to […]
Bitcoin
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
The Republicans had long been expected to win the House, though their eventual majority will be unexpectedly slim, and Democrats managed to fend them off from taking over the Senate. While a small number of […]