Dogecoin In Freefall Following Musk’s Decision To Step Down As Twitter CEO

Dogecoin is taking quite a beating in the market over the last week. The meme coin which has maintained a close correlation to the actions of billionaire Elon Musk suffered multiple dips tied to Musk’s decisions as Twitter CEO.

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Sam Is Fried: FTX CEO Agrees To Extradition To The US

Following a chaotic court appearance in the Bahamas, FTX CEO and founder Sam Bankman-Fried is to be extradited to the US. FTX CEO To Be Extradited A week after the crypto wunderkind was arrested in his Bahamas apartment complex, the 30-year-old disgraced CEO has accepted to stand trial in New York. According to the New […]

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Largest Dogecoin Holder Transfers $280M In DOGE, Is It Elon Musk?

The Dogecoin price is currently experiencing a rather underwhelming week. Within the last seven days, the DOGE price has dropped by around 15%. The sell-off was reignited yesterday after a vote on Twitter revealed that Elon Musk is set to step down from his role as Twitter CEO.

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This week in crypto: SBF arrested in The Bahamas

Authorities have arrested Sam Bankman-Fried in the Bahamas. Binance reserves are accounted for, says CryptoQuant. Ark Invest continues to invest in Coinbase. Sam Bankman-Fried has been arrested Sam Bankman-Fried, the former CEO of FTX cryptocurrency, was arrested in The Bahamas earlier this week.

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After Sam Bankman-Fried's Arrest, the FTX Show Goes On

Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.

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VIDEO: What is happening with Binance? On-chain analysis with Sandra Leow of Nansen

Binance has seen an enormous flood of withdrawals this week, as fear has spread about the health of the exchange in the aftermath of the FTX collapse. This stems from concern about its proof-of-reserves not revealing enough information, as well as the charges surrounding money laundering that are reportedly coming for CEO Changpeng Zhao (CZ).

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Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

GMX and LOOKS have staged double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.

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First Mover Asia: QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024

During a panel discussion at Taipei Blockchain Week, Darius Sit noted the continued institutional adoption of the crypto options and derivatives market, among industry high points; former FTX CEO Sam Bankman-Fried arrested.

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Coinbase shares hit all-time low amid projected revenue drop

Shares of Coinbase, a US-based crypto platform trading on Nasdaq under ticker COIN, reached an all-time low of $40.2 amid Brian Armstrong’s projection of a revenue drop. Last week, CEO Brian Armstrong said he anticipated Coinbase 2022 earnings to be…

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All about SBF's "media apology tour" and the importance of the coming week

SBF wishes to launch a new venture to repay investor money  A source claims that SBF lied about not knowing about Alameda's use of cash The founder and former CEO of the insolvent cryptocurThe post All about SBF's "media apology tour" and the importance of the coming week appeared first on AMBCrypto.

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Crypto Services Firm Prime Trust Has Fired CEO Tom Pageler

Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned.

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Crypto Services Firm Prime Trust Replaces CEO Tom Pageler

Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned.

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ICYMI: Key highlights from Mars Labs Metaverse AMA

Kevin Chang, CEO of Mars Labs, and Amy Lee, Brand and Business Development Manager, hosted last week an AMA (ask me anything) on the official OKX Telegram channel. For those that were not able to listen to the conversation live, here are some key takeaways from the event.

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“A Complete Failure Of Corporate Control,” Says New FTX CEO As He Unearths Even More Dirt Leading To The Collapse

John J. Ray III has been given the reins over the beleaguered FTX, but barely a week after his takeover, the new man in charge has been left dazed by the “complete failure of corporate control.”

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FTX’s Sam Bankman-Fried Eyes A Comeback, But Binance CEO Thinks It Is Highly Unlikely

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Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market.

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Sam Bankman-Fried Switches Legal Counsel as Investigations Into FTX Collapse Mount: Report

Former FTX CEO Sam Bankman-Fried will no longer be represented by his legal counsel at Paul, Weiss, Rifkind, Wharton & Garrison, a white-shoe law firm, less than a week after retaining the firm to represent him.

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New FTX CEO John Ray’s statement on bankruptcy case tells tale of an unmitigated disaster

FTX’s fall from grace this week culminated in the company filing for Chapter 11 bankruptcy on November 11. The post New FTX CEO John Ray’s statement on bankruptcy case tells tale of an unmitigated disaster appeared first on CryptoSlate.

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FTX could have over 1 million creditors, bankruptcy filing shows

FTX’s creditors across its many subsidiaries could be more than 1 million, details in court documents filed on Monday suggests. Sam Bankman-Fried’s FTX and its over 100 affiliate companies filed for Chapter 11 bankruptcy last week, with SBF resigning from the CEO role.

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FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

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Binance CEO Reveals Surprising Fact on FTX Collapse

FTX imploded in past week

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New Huo Technology unit gets $14M loan from ex-Huobi CEO Leon Li to cover client funds stuck on FTX

Hbit Limited, a fully owned subsidiary of New Huo Technology, has approximately $18. 1 million worth of assets stuck on FTX, which filed for bankruptcy last week, according to November 14 press release.

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FTX US resigns from the Crypto Council for Innovation

“The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren.

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FTX CEO’s leaked messages give insight into CEX’s death spiral

This week has seen a significant decline in the fortunes of Sam Bankman-Fried, the founder and CEO of FTX, a CEX. He sent messages to his employees on Tuesday detailing his mis-steps.

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SBF’s $16 billion fortune sees a 94% wipeout – here’s why

Sam Bankman-Fried’s net worth just a few days ago was nearly $16 billion. The FTX founder and CEO ranked among the 500 richest people in the world as of this week. SBF, as he’s fondly known in the crypto circles, indeed wasn’t that far off the net worth of Changpeng Zhao, the founder and CEO […] The post SBF’s $16 billion fortune sees a 94% wipeout – here’s why appeared first on Invezz.

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These Events Will Be Key For Bitcoin And Crypto This Week

The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major events that could be of crucial importance for the market.

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Bankrupt Crypto Lender Celsius’ Rocky Year Just Got Worse With Departure Of Yet Another Senior Exec

After now-former CEO of Celsius Alex Mashinsky stepped down from his position last week, co-founder of the cornered crypto lender S. Daniel Leon has also resigned. This comes as the company readies to auction off its remaining assets.

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Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues

Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago.

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Alex Mashinsky Breaks Silence on Twitter Space: Says Celsius Has Sent Restructuring Plan to UCC

In a Twitter space held by Digital Asset News last week, Celsius CEO Alex Mashinsky broke his long silence about the crypto lender’s bankruptcy mess. Simon Dixon Accuses Mashinsky of Lying Mashinsky got into a heated argument in the Twitter…

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Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!

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Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses

Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt.

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Michael Moro leaves Genesis Trading amid growing financial struggles

One week after reporting a 9% decline in loan agreements through its lending desk, Genesis has reportedly laid off 20% of its workforce, and CEO Michael Moro is stepping down. The post Michael Moro leaves Genesis Trading amid growing financial struggles appeared first on CryptoSlate.

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Has Mark Cuban Changed His Mind on Cardano?

Billionaire entrepreneur, Shark Tank judge, and crypto investor Mark Cuban locked horns with World Mobile CEO Micky Watkins this week over the utility of projects built on Cardano. Cuban has historically been critical of Cardano and its utility and recently turned to Twitter to voice his skepticism around the potential for success of Cardano-based projects in Africa.

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Binance CEO And WazirX Founder Embroiled In A War Of Words Over The Ownership Of The Indian Exchange

Binance CEO and WazirX founder traded words over the ownership of the exchange. The row was amplified after Indian regulators fingered WazirX in a money laundering scheme. Binance previously announced the purchase of the Indian exchange in 2019 and clarified details of the acquisition last week.

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Crypto Market Forecast: Week of August 8th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, a new bipartisan bill in the US aims to make small Bitcoin transfers more accessible, Another crypto lender wobbles, and Michael Saylor steps down from his role as CEO of MicroStrategy.

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Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto

CryptoSlate had the opportunity to sit down with Erhan Korhaliller, Founder & CEO of EAK Digital, the web3 communications and events agency behind some of the industry’s most creative IRL events, as he puts plans together for the much anticipated Istanbul Blockchain Week.

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Crypto Accounts Are Being Deactivated In Portugal’s Major Banks – Here’s Why

“Crypto-friendly” banks in Portugal have started deactivating accounts of digital currency exchanges, which could be a sign of things to come. Banking giant Banco Comercial Portugues, the largest publicly traded bank in Portugal, terminated all of the accounts of the Lisbon-based crypto trading platform CriptoLoja last week.

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BlockFi CEO Dismisses Rumors Company Would Be Sold for $25M

BlockFi CEO Zac Prince has denied rumors that FTX would be acquiring the company for $25 million. Multiple publications said the acquisition deal would be closed by the end of the week. The post BlockFi CEO Dismisses Rumors Company Would Be Sold for $25M appeared first on BeInCrypto.

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Celsius Denies CEO Mashinksky Tried to Leave U.S.

Celsius has denied that its CEO, Alex Mashinsky, attempted to leave the U.S. this week amidst the company’s liquidity crisis. Celsius Denies CEO’s Departure In a statement sent to various...

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Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.

Unconfirmed reports have emerged that Celsius CEO Alex Mashinsky attempted to leave the United States last week. The post Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S. appeared first on CryptoSlate.

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Celsius denies allegations of Alex Mashinsky trying to flee US

Celsius CEO Alex Mashinsky didn't try to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company claimed.

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Monica Long and David Schwartz will speak at NFT.NYC

Ripple staffers Monica Long and David Schwartz will speak at NFT.NYC. Ripple staffers Monica Long and David Schwartz will speak at NFT.NYC next week. RippleX CEO Monica Long will give talk with Rachel Wolfson on Breaking the Boys Club Culture...

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Big Terra Investor Mike Novogratz Finally Speaks Out On UST/LUNA Disastrous Fallout

After an uncharacteristic silence of over a week, Galaxy Digital founder and CEO Mike Novogratz has finally given his take on the devastating fall of LUNA and UST.

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Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash

Returning to Twitter for the first time since the plunge in Terra and UST, the Galaxy Digital founder and CEO says it's time to talk about last week and

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Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low

It's a polarizing world in institutional Bitcoin offerings this week as Grayscale's CEO remains convinced demand will return.

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Instagram To Begin Testing NFTs This Week

Instagram is making preparations to accept non-fungible tokens (NFTs). Meta CEO Mark Zuckerberg announced in a Facebook video that the network will begin testing the introduction of “digital collectibles” this week.

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Dogecoin Sees Immense Push As Elon Musk Mulls Utilizing DOGE To ‘Defeat The Spam Bots’ On Twitter

Tesla’s CEO Elon Musk has been ramping up efforts to solve the perennial problem of Spam Bots on Twitter. Even before purchasing the social media platform for about $44 billion last week, Musk had...

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Lighting Payments Come to Mobile Games, Fueling Bitcoin Adoption

THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week.

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Lightning Payments Come to Mobile Games, Fueling Bitcoin Adoption

THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week.

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