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Meta’s Metaverse Ambitions Continue with Acquisition of Luxexcel
Despite encountering losses in the billions, Meta isn’t giving up on its Metaverse ambition. Last year, Reality Labs’ Metaverse division lost over $9 billion in its first nine months. Such losses and the change of direction for Meta as a company have dented investor confidence. дальше »
2023-1-3 13:14 | |
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Billions Lost, Employees Cut Off — Inside The Metaverse’s Bad Run In 2022
If wishes were granted on the metaverse, the first would be to delete the year 2022 from the history books and push on with the highs of 2021. The metaverse had resonated in crypto spaces for a while but boomed in late 2021 when Facebook founder Mark Zuckerberg joined the train announcing a metaverse platform […] дальше »
2022-12-29 23:24 | |
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Caroline Ellison admits to stealing billions of dollars from FTX customers
Caroline Ellison, the former CEO of Alameda Research, has admitted to deliberately deceiving lenders about loan amounts they took from FTX, along with co-founder Sam Bankman-Fried. дальше »
2022-12-24 15:00 | |
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Caroline Ellison admits to concealing billions of dollars of FTX loans
FTX associate Caroline Ellison admitted during her plea deal that she concealed billions of dollars worth of loans, according to a Reuters report on December 23. The post Caroline Ellison admits to concealing billions of dollars of FTX loans appeared first on CryptoSlate. дальше »
2022-12-24 04:33 | |
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Alameda could borrow unlimited amount of customer funds from FTX
Former Alameda CEO discloses details that led to the collapse of FTX during a plea hearing Caroline Ellison admitted that Alameda had given billions of dollars in loans to SBF and other FTX exeThe post Alameda could borrow unlimited amount of customer funds from FTX appeared first on AMBCrypto. дальше »
2022-12-24 22:54 | |
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Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal. дальше »
2022-12-24 22:47 | |
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Still Bullish: Billionaire Money Manager Bill Miller Maintains View Bitcoin Will Rise Again Despite FTX Chaos
Veteran investor Bill Miller is talking bitcoin again. Miller, who has managed billions of dollars worth of funds and allocated 1% of his net worth to Bitcoin, told Barron recently bitcoin has performed incredibly well in recent weeks despite the fallout from the industry-shaking collapse of Sam Bankman-Fried’s FTX exchange. дальше »
2022-12-23 23:58 | |
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White Hat Hackers Saved Over $20 Billion in 2022 Despite Major Crypto Hacks
2022 witnessed billions lost in crypto hacks. But the contributions from white-hat hackers to keep the industry secure cannot be ignored. The post White Hat Hackers Saved Over $20 Billion in 2022 Despite Major Crypto Hacks appeared first on BeInCrypto. дальше »
2022-12-23 23:07 | |
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SpiritSwap is the First AMM DEX to Integrate Orbs’ L3 dTWAP to Enhance Trading Functionality
Although decentralized exchanges note billions of dollars in trading volume, their functionality remains somewhat limited. SpiritSwap steps up its game by accommodating the needs of traders with advanced strategies. дальше »
2022-12-22 17:09 | |
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This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better
OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself. дальше »
2022-12-20 23:29 | |
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Top 50 FTX creditors only account for $114M of unsecured claims out of billions lost
Tthe largest unsecured claim in the FTX bankruptcy case amounts to $36. 2 million and none of the top 50 creditors are considered “insiders. ” The total sum allegedly owed to the top 50 creditors is roughly $114 million. дальше »
2022-12-20 22:00 | |
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OneCoin’s co-founder pleads guilty to running crypto Ponzi scheme
OneCoin’s co-founder and the Cryptoqueen’s associate has pleaded guilty to running a Ponzi scheme. Millions were duped into purchasing a deceptive virtual currency that caused billions of dollars in shortfalls. дальше »
2022-12-17 15:21 | |
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CryptoSlate Wrapped Daily: SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
The biggest news in the cryptoverse for December 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance reportedly having billions stored away in secret reserves. дальше »
2022-12-14 00:30 | |
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Eightcap notes increase in crypto derivatives trading
November left its mark on crypto investors worldwide. After leaked Alameda Research’s (FTX’s sister hedge fund) balance sheets revealed billions of dollars' worth of FTX’s own token FTT was heldThe post Eightcap notes increase in crypto derivatives trading appeared first on AMBCrypto. дальше »
2022-12-9 16:15 | |
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FTX’s fiasco was unethical and illegal from the very beginning, says Michael Saylor
Michael Saylor says Sam Bankman-Fried was the poster child of the cryptocurrency community. Most of the people in the crypto world were guilty of the sin of shitcoinery, he added. Saylor is a Bitcoin maximalist and has bought bitcoins worth billions of dollars over the years. дальше »
2022-12-7 14:25 | |
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Alameda Investment Portfolio Discloses Dubious Dealings That Include a Strawberry Farm
More light has been shed on where Alameda and Sam Bankman-Fried doled out billions of dollars. The dubious investment portfolio has raised eyebrows among the crypto community. The post Alameda Investment Portfolio Discloses Dubious Dealings That Include a Strawberry Farm appeared first on BeInCrypto. дальше »
2022-12-7 10:45 | |
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Mark Zuckerberg maintains his metaverse ambition
Mark Zuckerberg defends Meta’s push into the metaverse, saying they are just as focused on other “family of apps” as they are on the metaverse. Meta’s “family of apps” Following reports that Mark Zuckerberg’s billions invested in the construction of… дальше »
2022-12-2 19:18 | |
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Unbanked is Connecting DeFi, Cryptocurrencies to Traditional Financial Institutions
As the need to provide billions of people with unlimited access to financial services intensifies, Unbanked, an SEC-registered project based in the United States, has launched to eliminate the “unbanked” problem. дальше »
2022-11-30 16:46 | |
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Manage multiple wallets and private keys on Polygon’s MasterKey2.0
Billions worth of crypto assets disappeared on FTX Education about handling personal wallets needs to be improved MasterKey2. 0 was launched to protect crypto assets and private keys Billions worth of crypto assets disappeared on FTX, which was one of the biggest crypto exchanges in the world. дальше »
2022-11-28 13:45 | |
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Russia to Launch State-Run Crypto Exchange in Bid to Boost Tax Revenue
Russia is planning to create a national cryptocurrency exchange because it believes it is losing out on billions of rubles of tax revenue. The post Russia to Launch State-Run Crypto Exchange in Bid to Boost Tax Revenue appeared first on BeInCrypto. дальше »
2022-11-25 18:45 | |
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FTX faces scrutiny for $260 million donations to liberal PACs and organizations
The recent arrival in Washington had a talent for drawing attention. Or at least his money attracted the attention of many influential people—the billions of dollars made possible by his web of offshore businesses and his willingness to hand out… дальше »
2022-11-24 02:55 | |
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Should you take a chance on FIFA NFTs on OKX?
The ongoing FIFA World Cup is expected to draw billions of viewers globally. The event is also expected to be a boom for the blockchain industry. One of the top companies seeking to benefit is OKX, which launched the OKX NFT Football Cup. дальше »
2022-11-24 20:57 | |
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Research: Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months
An analysis of the Arkham Intelligence dashboard CryptoSlate Research shows that popular crypto lender Genesis received billions in FTT tokens from bankrupt crypto firms Alameda Research and FTX over the past year. дальше »
2022-11-22 22:48 | |
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With tens of billions lost to fraud and mismanagement, will crypto bros ever face justice?
Zhu Su, Kyle Davies, Steve Ehrlich, Do Kwon, Alex Mashinsky, Sam Bankman-Fried, and Gerald Cotten; what do all these names have in common? They’re collectively responsible for losing tens of billions of dollars worth of crypto entrusted to their care… дальше »
2022-11-22 20:30 | |
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How FTX Went From Billions To $600,000 At Its Liquidation, New CEO Reveals Murky Facts
The FTX bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam Bankman-Fried, founder and former CEO of the company quit from duties and position, Ray took over the reins of the failed company. дальше »
2022-11-18 18:44 | |
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Top 5 Web3 Gaming Communities to Join in 2022
Billions of dollars are spent on Web3 gaming, making it the most heavily invested sector in the Web3 space. Web3 games (sometimes called play-to-earn and play-to-own) are wildly popular, largely due to the ability to own, sell and trade assets (usually in the form of NFTs). дальше »
2022-11-18 14:41 | |
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Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate
Aside from wiping out billions from the global market cap, the collapse of FTX also wiped out the confidence of even the most convinced Bitcoin holders. The post Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate appeared first on CryptoSlate. дальше »
2022-11-17 14:30 | |
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Orbeon Protocol aims to protect users from scams and rug-pulls
Recent years have seen a proliferation of scams in the crypto industry, with investors losing billions of dollars to fraudulent projects. The industry's decentralized nature has exacerbated the probleThe post Orbeon Protocol aims to protect users from scams and rug-pulls appeared first on AMBCrypto. дальше »
2022-11-16 12:00 | |
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Alameda ‘secretly’ traded billions of FTX customer funds: Report
Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is the latest installment in the shocking developments at FTX this past week. дальше »
2022-11-15 18:59 | |
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