Bitcoin News / Bitcoinist - 1 year ago
On Tuesday, November 21, the BNB price faced adverse headwinds following the announcement that Changpeng Zhao, the founder Binance crypto exchange, was stepping down from his role as CEO. This move triggered a crash in the price of BNB, the native to...
Bitcoin News / Bitcoinist - 1 year ago
Binance is now at the center of all things crypto after CEO Changpeng Zhao stepped down after the crypto firm agreed to pay a $4 billion fine to US regulators. This event has triggered outflows from the exchange similar to what happened before the FT...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin has more than doubled in price since the FTX collapse in November 2022, but several other coins, such as Chainlink, have seen even bigger gains since. It’s bee...
by COINS NEWS - 1 year ago
Solana used to be the butt of the jokes here and generally in crypto circles but money and greed is a big motivator. All of a sudden you were seeing posts of bullishness and hype in crypto circles when the prices started to pump. Gone was the f...
by COINS NEWS - 1 year ago
This serves as a great lesson in panic-selling. It is also a great lesson in buy low sell high. Many people think they know when the price is low buy often it's just a unfounded feelings. However, then the real opportunities come by they ge...
by COINS NEWS - 1 year ago
Those who were around would remember when Aptos was first released and the reception to it was..not good. The price started tanking upon its release to the public market and it was widely criticised as a token for VC firms and insider who held...
Cryptocoins News / Finance Magnates - 1 year ago
FTX and BlockFi have received the approval to resume
proceedings for the negotiation of claims settlement in the aftermath of
BlockFi's bankruptcy filing last year. This step allows FTX to present
its arguments, paving the way for a potential settlem...
Cryptocoins News / The Cointelegraph - 1 year ago
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi....
Cryptocoins News / The Cointelegraph - 1 year ago
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. An employee of FTX’s charity...
Cryptocoins News / Blockchain - 1 year ago
Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration. (Read More)
Cryptocoins News / Finance Magnates - 1 year ago
The
entities overseeing the bankruptcy process of crypto platform FTX have filed a
lawsuit accusing Mirana Corp, an investment arm Bybit, of receiving a
substantial portion of $935 million in transfers just before FTX filed for
Chapter 11 bankruptcy....
Cryptocoins News / Finance Magnates - 1 year ago
The
entities overseeing the bankruptcy process of crypto platform FTX have filed a
lawsuit accusing Mirana Corp, an investment arm Bybit, of receiving a
substantial portion of $935 million in transfers just before FTX filed for
Chapter 11 bankruptcy....
Cryptocoins News / CoinJournal - 1 year ago
The FTX Bankruptcy is seeking to recover assets worth about $1 billion.
The lawsuit will be heard by a Delaware Court.
The funds in question were allegedly withdrawn from FTX.
FTX’s bankruptcy advisers have recently initiated legal action aga...
Cryptocoins News / Blockchain - 1 year ago
Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is...
Bitcoin News / Bitcoinist - 1 year ago
A group including former FTX executives, among whom is an individual who provided crucial testimony against Sam Bankman-Fried, has joined forces to establish a new cryptocurrency exchange. The primary objective of this venture is to address the chall...