Canadian business person, Shark Tank judge, and contributor to CNBC Kevin O’Leary admits he lost a $15 million payment made to him by FTX. In an interview with CNBC, he disclosed that the now-defunct cryptocurrency exchange FTX had paid him…
Curtains Closing On Ripple Case After 2-year Legal Battle
Ripple is finally looking forward to the SEC lawsuit’s resolution after nearly two years of protracted litigation. Ripple’s Counsel Drops Suit Hints On December 6th, Stuart Alderoty, the general counsel at Ripple, forwarded a tweet from Brad Garlinghouse in which…
Capgemini: Consumer Interest In the Metaverse Is Over 90%
The crypto market’s turbulence hasn’t prevented the metaverse from developing a utility for both businesses and consumers. The metaverse and its potential utility continue to hold sway in consumers’ thoughts despite tumultuous market conditions during the previous year. Anticipating Immense…
FTX Was Lining Up $100M Liverpool and Manchester United Sponsorship Deals
According to sources, Sam Bankman-Fried’s FTX exchange held discussions earlier this year about sponsoring Manchester United and Liverpool of the English Premier League. FTX’s Broad Ambitions Those conversations highlight how eager the now-bankrupt corporation was to spend a sizable quantity…
Amber Group Denies Insolvency Allegations
There may still be a spread of FTX’s collapse contagion. The crypto trading and asset management company Amber Group, according to on-chain expert Lookonchain, appears to be on the verge of bankruptcy. Only $11.1M In Assets Amber boasts on its…
Binance Now Has a Secure Foothold of the Japanese Market
Binance, the world’s largest and most recognized cryptocurrency exchange, entered the Japanese market by buying the regulated Sakura Exchange Bitcoin Co., Ltd. (SEBC). SEBC, a Japan Financial Service Agency (JFSA) regulated company, is now 100% owned by Binance The acquisition,…
FTX Founder to Appear In Congress After Congresswoman Maxine Water’s Request
The founder of FTX has said he will eventually testify before a congressional panel looking into his business. Financial Services Committee Hearing Sam Bankman-Fried responded to Rep. Maxine Waters’ request to come before the House Financial Services Committee on December…
The FTX Collapse And How Affected the Web3 Gaming Ecosystem
The FTX collapse had an effect on the entire crypto industry, but given the connections between Solana and FTX, Web3 gaming may have felt it the most. While some say GameFi depends on centralization to draw Web2 gamers, others predict…
KuCoin Agrees Partnership With Major Audit Firm to Enhance Proof Of Reserves Exercise
Popular Cryptocurrency exchange KuCoin has said that it will be working with the Mazars Group, a multinational audit, tax, and consultancy firm (MG). Proof Of Reserves Report Coming Soon In order to increase transparency and evaluate the exchange’s holdings of…
Gemini Exchange Aims to Recoup $900M From Crypto Lender Genesis After FTX Collapse
Cryptocurrency exchange Gemini is attempting to recoup the $900 million it loaned to cryptocurrency broker Genesis and its parent company Digital Currency Group (DCG). Effects Of FTX Collapse The Financial Times reported that the Winklevoss twins’ cryptocurrency exchange is attempting…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
