2023-8-10 16:36 |
FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasurys.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bankrupt FTX wants the court to remove its Dubai subsidiary from the entities subject to U. S. bankruptcy proceedings, according to an Aug. 2 court filing. FTX revealed that its Dubai subsidiary, licensed as a virtual asset service provider in July of the prior year, had conducted no business in the United Arab Emirates (UAE).
2023-8-3 19:30 | |
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The bankrupt cryptocurrency exchange FTX has suddenly halted the sale of its highly valued asset: its stake in the artificial intelligence startup, Anthropic. This abrupt decision introduces potential delays in addressing the remaining $2 billion deficit in FTX’s balance sheet, as the sale of the $500 million stake has been put on hold.
2023-6-29 21:00 | |
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Key Takeaways Bitcoin’s correlation with gold is currently at its lowest level since FTX collapsed in November Our Head of Research writes that while one day Bitcoin may become a store of value, the numbers say it currently trades like an extreme risk-on asset Bitcoin lost 76% of its value amid the pullback in risk […] The post Bitcoin correlation with gold drops, highlighting risk-on nature remains appeared first on CoinJournal.
2023-6-29 17:30 | |
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One of the most prominent trends in the digital asset space over the last year has been an evaporation of liquidity. On the one hand, price charts may suggest that the picture for crypto is far rosier today than it was in November, when Bitcoin hit $15,500 in the aftermath of the FTX collapse.
2023-6-29 12:07 | |
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Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX.
2023-6-28 08:49 | |
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New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.
2023-6-28 18:24 | |
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Discover innovative DeFi solutions as FTX bankruptcy claim is tokenized as an NFT, paving the way for on-chain loans and asset liquidity. The post Creditor Tokenizes FTX Bankruptcy Claim as NFT to Secure On-Chain Loan appeared first on NFT News Today.
2023-6-27 03:49 | |
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Julia Leung Fung-yee said incorporating virtual assets into the regulatory system was crucial after FTX’s bankruptcy.
2023-6-25 19:46 | |
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As litigation over the implosion of FTX churns on, an asset manager denies the key claims in a lawsuit seeking recovery of $700 million that Sam Bankman-Fried donated last year. The post K5 Global Hits Back at Claims in Alameda Lawsuit appeared first on BeInCrypto.
2023-6-24 23:46 | |
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The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.
2023-5-15 17:07 | |
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While FTX recovers in the crypto market, DigiToads, a new meme coin with 30x return potential, is ready to enter as credible crypto and meme coin on the global cryptocurrency exchange; Bitmart. LThe post BitMart to list 30x memecoin TOADS post FTX asset recovery appeared first on AMBCrypto.
2023-4-20 17:00 | |
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BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?
2023-4-10 03:50 | |
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While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.
2023-3-23 05:20 | |
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FTX wants to free up $9 billion in asset value from Grayscale BTC and ETH trusts
2023-3-7 13:01 | |
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The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.
2023-3-7 22:37 | |
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The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations.
2023-3-1 16:53 | |
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Visa and Mastercard have put their plans to establish new partnerships with digital asset firms on hold, dealing another blow to beleaguered crypto industry after bankruptcies of FTX and BlockFi
2023-3-1 16:36 | |
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CoinShares, Europe's biggest digital asset trading and investment group, has blamed FTX for a collapse in its income. The post Europe’s Biggest Digital Asset Investor See Income Plummet 97% appeared first on BeInCrypto.
2023-2-22 20:30 | |
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Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk.
2023-2-21 18:21 | |
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After Solana’s unfortunate connection with the FTX crash last year, sending SOL below $10, the crypto asset has been thriving to rebound with the team’s help. The Solana co-founders, in a blog post published earlier this week, commented on the ‘crypto market 2022’ while also preaching a better future for the Solana ecosystem.
2023-2-2 17:00 | |
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Litecoin (LTC) has seen a substantial increase in value following the FTX-induced drop last November. It has so far rallied by 89% since dipping below $50 on Nov. 9 in the wake of the FTX implosion. The asset is currently…
2023-1-31 13:52 | |
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The price of Aptos (APT) has been on the rise over the last week. The digital asset which had been adversely affected by the collapse of FTX, which was one of its backers, seems to be finding its feet in the market once more.
2023-1-26 20:00 | |
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The FTX collapse added fuel to the fire for the great cryptocurrency crash of 2022. Cryptocurrency is a high-risk, high-return asset class, and the FTX fiasco highlighted inherent weaknesses that the industry can learn from.
2023-1-26 19:35 | |
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Coinspeaker Bitcoin Recovers All Loses since FTX Collapse as Analysts Ponder Future Price Trajectory Leading crypto asset Bitcoin has been on the mend since the FTX bankruptcy situation and is now riding a two-month high.
2023-1-18 12:24 | |
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The embattled FTT token has surged today as traders continue to pile into the collapsed exchange asset in an attempt to make a quick buck. The post Degens Can’t Quit FTX Token Trading, FTT Surges 52% appeared first on BeInCrypto.
2023-1-16 09:15 | |
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The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would be reaching this price since the FTX collapse triggered another market downturn.
2023-1-13 12:30 | |
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Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount is now back to where it was prior to the FTX collapse, at 37% The discount had hit an all-time high of 50% only four weeks ago The largest […] The post Grayscale Bitcoin Fund up 25% this year, but discount still killing investors appeared first on CoinJournal.
2023-1-11 21:24 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, Coinbase CEO Brian Armstrong points to FTX contagion risks, Tonga and Fiji explore the potential of the Bitcoin network, and a major Russian bank launches a gold-backed digital asset.
2023-1-9 19:01 | |
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A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses.
2023-1-8 00:58 | |
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Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse. The post Silvergate Cuts 40% Jobs, Writes Off Diem Asset Acquisition appeared first on BeInCrypto.
2023-1-6 21:19 | |
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Solana has been on a depressing downtrend ever since the FTX crypto exchange imploded. The asset has already lost a massive chunk of its all-time high value but the onslaught looks to be far from over.
2022-12-30 20:00 | |
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The weakening crypto market and contagion among companies as a result of the implosion of the Terra ecosystem in mid-May and the unexpected collapse of FTX last month have had a significant impact on the industry’s headcount, which is perhaps its most important asset.
2022-12-24 15:45 | |
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After crypto exchange FTX went belly up last month following a run on deposits exposed a deep hole in its balance sheet, prominent advocates of cryptocurrencies have been trying to distance themselves from the asset class.
2022-12-20 06:49 | |
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A cross-section of players in the digital asset industry believes it needs strategic regulations across all sectors to bring up dwindling confidence among investors. The New York State Department of Financial Services (NYDFS) has released a new cryptocurrency regulation for banks and other financial institutions in its jurisdiction.
2022-12-17 16:21 | |
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FTX Trading and its affiliated debtors are looking to put LedgerX and its European and Japanese digital asset subsidiaries up for auction. The post FTX Bankruptcy Case: LedgerX and 3 Other Subsidies to Be Tentatively Sold Off appeared first on BeInCrypto.
2022-12-17 13:22 | |
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Solana is suffering as activity has plummeted following the FTX collapse. Its native asset, SOL, is also looking extremely weak. The post Solana On-Chain Activity Collapses, Where Will SOL Price Go? appeared first on BeInCrypto.
2022-12-16 08:43 | |
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As per a recent Financial Times report, France may reconsider its easy licensing regime for digital asset providers, following recent market failures such as FTX's demise. The development would call iThe post "Pro-crypto" France to push for tighter regulations, details inside appeared first on AMBCrypto.
2022-12-15 17:30 | |
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Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.
2022-12-8 02:57 | |
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The FTX exchange collapse rocking the entire crypto market could invariably be the catalyst to turn the market around, according to an analysis by Santiment. In a tweet, the crypto market on-chain and social metrics intelligence platform said crypto thrives when exchanges are not the drivers of social engagement around the asset class. Santiment backs […]
2022-12-5 20:59 | |
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Sam Bankman-Fried, the founder the recently failed FTX, lobbied for more digital asset regulations in February. Sam sought regulatory oversight by the CFTC instead of the SEC. This move is aimed at regulating crypto usage among firms and investors while…
2022-12-2 22:34 | |
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Despite posting a proof-of-reserves with neither asset breakdown nor wallet addresses, Nexo praised its risk engine as the sole reason for no bad debts. The post NEXO releases proof of reserves showing no exposure to FTX appeared first on CryptoSlate.
2022-11-29 18:55 | |
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Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX exchange platform, the digital asset managed to briefly surpass the psychological $7 marker, peaking at $7.
2022-11-30 10:43 | |
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Crypto exchange reserves have been cast into the spotlight following the FTX collapse. Their asset reserves have also come into question. The post Do Crypto Exchange Reserves Rely Too Much on Their Own Tokens? appeared first on BeInCrypto.
2022-11-23 06:50 | |
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“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley.
2022-11-23 21:00 | |
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2022-11-21 23:00 | |
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2022-11-21 22:12 | |
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Grayscale Bitcoin Trust (GBTC) shares are selling at a record discount of 42.69% to the underlying asset’s value following FTX’s implosion and fears of market contagion. The post Community fears FTX implosion might affect Grayscale appeared first on CryptoSlate.
2022-11-19 15:15 | |
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The biggest news in the cryptoverse for November 17 includes the high selling tendency of Bitcoin holders older than 10 years, SBF’s $1. 6 billion personal loan from Alameda Research, and Bitcoin and Ethereum’s emergence as the second and third most shorted crypto asset.
2022-11-18 01:03 | |
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Court filings from Wednesday show liquidators are seeking to halt asset sales while the complex enterprise is wound up.
2022-11-17 12:24 | |
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| Analogue Notcoin - TapSwap |
Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas.
The proposal narrowly passed, with 41.1% of votes for and 38.5% of votes against.
Montenegro’s minister of justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States.
United States government agencies spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange.
ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations.
In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets.
Bora Erdamar from the BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.