Bankrupt BlockFi Sues Sam Bankman-Fried for His Robinhood Shares, FT Reports

2022-11-29 06:36

SBF, through his Emergent Fidelity Technologies, had pledged his stake in the online trading company as collateral for a loan.

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Ethereum Suffers from Fundamentals Flaws — Is it the New Normal?

The fees on Ethereum had reached the highest since 2015 when it launched, surging past $7. More than 17,500, $6.8 million are currently being spent on fees daily on the network. Spencer Bogart, general partner at Blockchain Capital, “Mempools are getting more competitive as value at stake for pending crypto tax increases. This increased competitiveness […]

2020-8-15 22:40


As ETH Market Sentiment Changes, Top 100 Ethereum Holders Are Increasing Their Stake

Since the Ethereum (ETH) price has been consolidating in the last 2 weeks, the top 100 ETH holders have had their accumulation of ETH coins increasing, says the on-chain metric provider Santiment. Per a Santiment’s report, the first 100 Ether wallet addresses has accumulated higher percentages of the entire ETH supply in spite of the […]

2020-3-6 22:24


Ripple’s On-Demand Liquidity Accounts for 10% of MoneyGram Payments from the US and Mexico

Earlier in the summer of 2019, MoneyGram decided to implement xRapid, which is the On-Demand Liquidity product available through Ripple. Ripple had preceded the implementation by purchasing a large stake in MoneyGram, and recent comments by chief executive Alex Holmes reveal that remittances using ODL and XRP have already started being sent from Mexico. Of […]

2019-11-9 00:26


JJ Watt to Texas Whataburger Fans: Put Your Money Where Your Mouth Is

By CCN Markets: Houston Texans star defensive end JJ Watt had an interesting proposition for fans of the fast-food chain Whataburger: chip in and buy it back. The three-time NFL Defensive Player of the Year took to Twitter following the majority stake sale of Whataburger to a Chicago investment firm, calling upon fans to do their part in purchasing the company back.

2019-6-17 16:00


Warren Buffett Buys Amazon Stock; Will He Change His Mind On ‘Rat Poison’ Bitcoin?

By CCN. com: Berkshire Hathaway just bought its first Amazon shares, Berkshire founder and CEO Warren Buffett revealed to CNBC Thursday night. On the eve of an annual Berkshire shareholders meeting in Omaha, Buffett told CNBC that someone at Berkshire’s asset management desk just invested in some Amazon shares, but “it wasn’t me.

2019-5-3 10:19


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Galaxy Digital Shares Skyrocket After Novogratz Takes 80% Equity Stake

Analysts were congratulating cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz March 28 after share performance rocketed. Galaxy Among ‘Best Crypto-Related Performers’ Data from Bloomberg and other sources confirm something of a renaissance for Galaxy, which as recently as the end of last year had seen its fortunes decline dramatically.

2019-3-29 20:00


Examining Ethereum’s Constantinople Upgrade Challenges and Causes of Delay

In the quest for ethereum’s growth and scalability, the organization had the third milestone on their roadmap slated for this year. This third stage called Metropolis involves the upgrading of the ethereum platform from the Proof of Work consensus to the Proof of Stake consensus, whilst solving its scalability issues. This upgrade called Constantinople has […]

2018-10-29 19:50


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Banking On A Decentralized Bank

Last week Binance made headlines by announcing its first foray into banking. For a price of $133 million, the exchange had acquired a 5% stake in Malta’s future “Founders’ Bank.” Ordinarily, an investment by one moneymaking organization into another would scarcely deserve mention, except for one fact: ownership of Founders’ Bank will rest on the […] The post Banking On A Decentralized Bank appeared first on Crypto Briefing.

2018-7-20 20:23