FTX Exec Loses Paradise, Surrenders $5.9 Million Bahamas Mansion

The implosion of cryptocurrency giant FTX continues to cast a long shadow, with the latest twist involving a Bahamas mansion and a plea deal. Ryan Salame, the former co-CEO of FTX Digital Markets, a subsidiary of the now-bankrupt exchange, has agreed to forfeit his luxury home on the Caribbean island as part of a criminal […] дальше »

105 +

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022. дальше »

105 +

Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns

The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack. дальше »

89 +

Montenegro To Extradite Terra Creator Do Kwon To South Korea… This Time It’s For Real

90 +

XRP Could Surge Massively at Beginning of 2024, Here's Why

XRP volatility implosion might happen sooner than you expect дальше »

223 +

Binance’s Implosion Proves Decentralized is Safer as FTX Collapse is Happening Again

The cryptocurrency world was rocked again today with major issues emerging at one of the largest centralized exchanges, Binance. Wallets at Binance started seeing huge outflows as users scrambled to withdrawal funds following reports of potential insolvency issues and criminal charges against the exchange. дальше »

294 +

Bitcoin Is Ready To Move On From FTX’s Collapse, Proving Its Resilience In The Face Of Adversity

One year after FTX’s ill-fated implosion, Bitcoin (BTC), the largest cryptocurrency by market capitalization, has picked itself from the dust to reach new highs, proving its mettle against a drawn-out bear market. дальше »

243 +

FTX Customers May See 90% Of Their Funds Returned By Next June Thanks To An Amended Proposal

Collapsed crypto exchange FTX has floated a revised proposal that could see more than 90% of creditor holdings that were held at the exchange prior to its November 2022 implosion returned to them by the end of the second quarter of 2024. дальше »

162 +

Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer

Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders. дальше »

140 +

Bankman-Fried trial could end with “new rulebook’ for crypto: Expert

The trial of Sam Bankman-Fried, the founder and former CEO of collapsed cryptocurrency exchange FTX, kicked off on Tuesday in the US. It’s the biggest and highest-profile crypto case, with prosecution coming nearly a year since the FTX implosion that sent shockwaves across crypto and the broader financial markets space. дальше »

50 +

Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue

TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted. дальше »

112 +

Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report

Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.

338 +

Fantom Took Precautionary Measures to Contain Multichain Implosion: Details

Fantom Foundation has requested a number of stablecoins be frozen дальше »

113 +

Maple Finance Expands to Direct Lending Targeting Web3 Firms

The firm aspires to fill the gap in crypto lending left by the implosion of centralized lenders such as BlockFi and Genesis. дальше »

179 +

K5 Global Hits Back at Claims in Alameda Lawsuit

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. дальше »

134 +

Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks

USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago. дальше »

207 +

Multichain (MULTI) Down 23% as Fears of Rugpull Swell: Details

With Multichain's 52% drop in past week, will we see another LUNA-UST-like implosion? дальше »

140 +

Digital asset exposure cited in GAO investigation of Signature Bank implosion

According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing "large deposits from the digital asset space" to determine if cryptocurrency played a role in Signature Bank's collapse. дальше »

75 +

FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’

Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.” дальше »

209 +

OKB (OKB), (XLM) Look Poised For A Strong Q2. Can They Match the Growth Potential of DigiToads (TOADS)

Cryptocurrencies are only starting to rise after a rollercoaster 2022 that saw some projects go under and others collapse in a drastic fashion. The industry is recovering from the FTX coin collapse and Terra Stablecoin implosion. дальше »

71 +

Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

Following the implosion of Silicon Valley Bank, Bitcoin price has been surging and businesses across the globe are restrategizing their finances as a result.  Billionaire venture capitalist Tim Draper has published a list of recommendations for businesses in the new macro climate, in which he recommends companies keep a portion of cash in Bitcoin to […] дальше »

61 +

Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

Despite Silicon Valley Banks implosion, the Federal Reserve has elected to keep tightening monetary conditions in the United States. 4.75% to 5% range The Federal Reserve is pushing on in... дальше »

120 +

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital. дальше »

225 +

MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg

Profits made from MEV were more than twice as high as the last peak during the FTX implosion. дальше »

59 +

The Rise and Fall of Silvergate’s Crypto Business

Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions. дальше »

238 +

SHIB prices decline sharply following Silvergate implosion

After news surfaced that Silvergate, a crypto-favored bank, has financial problems, SHIB lost massive value.  дальше »

222 +

CoinShare’s Income Plummets Heavily Due To FTX Aftermath

The ongoing market turmoil caused by the FTX and Terra collapse has led many crypto companies to close up shop. CoinShares, Europe’s largest investment and trading platform, is among the companies suffering catastrophic effects of FTX implosion. дальше »

135 +

Another One Bites The Dust: Crypto Fund Galois Ceases Operations After Losing Half Its Capital To FTX

Texas-based crypto-focused quantitative hedge fund Galois Capital has closed its business after losing a considerable portion of its assets in the spectacular implosion of the FTX crypto exchange. дальше »

388 +

Coin Cloud Files For Bankruptcy After Battling FTX Contagion

One of the U. S. and Brazil’s biggest Bitcoin ATM operators, Coin Cloud, filed for Chapter 11 Bankruptcy on Thursday, January 8, after the firm received a severe blow from the crypto winter and the FTX implosion, which left it with millions of dollars in liabilities. дальше »

116 +

First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?

ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and other debacles. Bitcoin rides past $24.1K at one point. дальше »

187 +

Peter Schiff knocks crypto assets and sees market implosion

The American economist who gained fame after predicting the 2008 recession has criticized crypto assets calling them ‘fool’s gold’ and insinuating that they are bound to collapse. дальше »

191 +

Litecoin has surged by 89% since its dip below $50 last November

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… дальше »

153 +

How Cryptocurrency Exchange, Digital Surge Survived Despite Millions Locked In FTX

92 +

CFTC Commissioner Kristin Johnson Urges Congress to Expand Agency’s Authority to Review Crypto Acquisitions

Following FTX’s swift, stunning collapse last November, crypto industry participants, lawmakers and regulators alike have all been mulling the same questions: Why were regulators blindsided by FTX’s implosion, and more importantly, how can the next crypto crisis be prevented? дальше »

168 +

Lenders accuse DCG CEO of hoax deal to hide $1.1b loss

In a proposed securities class action lawsuit against Digital Currency Group Inc., a group of lenders claimed that Barry Silbert, the CEO of an insolvent crypto firm, concocted a “misleading phony deal” to hide an impending $1 billion implosion. Former… дальше »

224 +

“More Meltdowns To Zeros” – Kevin O’Leary Warns, Expects More FTX-like Collapses

418 +

Bitcoin price: Analyst says BTC could hit $25K by March

Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion. Much of the buying pressure was retail driven as crypto mirrored stock markets’ Friday surge. дальше »

91 +

6 Crypto Trends That LBank Exchange Is Bullish About in 2023

LBank Co-Founder Johnason Chan expects the crypto industry to reach new milestones this year. In the fallout of the demise of crypto exchange FTX, the implosion of cryptocurrency LUNA, and several other fiascos, countries around the world are rolling out more regulatory policies to oversee the industry. дальше »

223 +

Bitcoin Can Be Super Collateral If Lenders Understand Its Value

The frequent implosion of crypto lending platforms is rooted in their mismanagement and failure to respect bitcoin’s true value. дальше »

258 +

Bitcoin Holders To Expect More Difficulties As Data Point To Looming BTC Price Drop

Bitcoin, following the implosion of crypto exchange FTX, continues to struggle not only in terms of its trading price but also in its profitability. It can be recalled that the company, back in November 2022, moved to file Chapter 11 bankruptcy in a U. дальше »

180 +

Wash Trading: Why This Billionaire Believes The Illegal Practice Will Spark The Next Crypto Crisis

Billionaire Mark Cuban recently shared his thoughts about what could possibly cause the next crypto implosion: wash trading. During a recent interview with TheStreet, Cuban – who also is a well-known cryptocurrency investor – didn’t hold back in saying that 2023 will also be a year marked by scandals and frauds that will ravage the […] дальше »

202 +

US Feds Launch FTX Task Force To Trace and Recover Stolen Investor Funds

The US Attorney’s Office for the Southern District of New York (SDNY) has formed an ‘FTX task force’ to investigate and recover investor funds as well as to handle others related to the implosion of FTX last year. дальше »

80 +

Block Manager Sees Self-Custody as Future of Crypto Post-FTX

Live from CES 2023 in Las Vegas, the software development company is standing firm on why crypto’s future will be based on self-custody following the implosion of FTX. дальше »

169 +

Mark Cuban: Wash trading will lead to crypto's next implosion in 2023

Mark Cuban believed that wash trading on centralized exchanges will lead to crypto's next implosion. A report by the NBER found that as much as 80% of the trading volume on unregulated exchangeThe post Mark Cuban: Wash trading will lead to crypto's next implosion in 2023 appeared first on AMBCrypto. дальше »

316 +

$200 Million Transferred From Binance to Justin Sun, What's Happening?

Rumor about Huobi's implosion and strong spike in activity of Justin Sun's wallet raise questions дальше »

214 +

LTCM founder: SBF’s lack of risk aversion led to FTXDM implosion

Victor Haghani, one of the founding partners of LTCM, applied the economic theory of choice under uncertainty to try and explain how FTXDM crumbled to the ground.  дальше »

165 +

Sam Bankman-Fried met with Biden’s top advisors two months before FTX’s implosion

Former FTX CEO Sam Bankman-Fried met with senior White House officials on multiple occasions in 2022. дальше »

192 +

Ethereum-Killer Solana Down 96% in 2022, Drops Out of Top 20 Crypto List

Coinspeaker Ethereum-Killer Solana Down 96% in 2022, Drops Out of Top 20 Crypto List Despite a major correction in SOL price after the implosion of FTX, Ethereum co-founder Vitalik Buterin believes that Solana has a bright future. дальше »

194 +

Bitcoin poised near $17K as miner outflow hits 11-month low

Bitcoin (BTC/USD) continues to struggle around $17,000 since it traded sharply lower at the start of November amid the FTX implosion. The benchmark cryptocurrency is currently positioned near $16,826 on major crypto exchange Coinbase, having ticked down from intraday highs of $16,967. дальше »

128 +

New Data Shows Over 80,000 Crypto Related Jobs Filled In 2022, Despite Mass Layoffs

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. дальше »

90 +