In a series of rapid divestments, FTX, the beleaguered crypto exchange, has transferred approximately $316 million in digital assets to various crypto exchanges, as revealed by on-chain data. These transfers are part of FTX’s ongoing bankruptcy proceedings, aiming to compensate…
FTX Bankruptcy Consultants Shared Customer Trading Data
FTX, a leading cryptocurrency platform, has recently come under scrutiny regarding the privacy of its customers’ transactions. Court records reveal that FTX advisers have been cooperating with federal law enforcement agencies in the United States, providing them with customer account…
FTX Seeks Approval to Sell Grayscale and Bitwise Assets Valued at $744M
In a significant development, FTX, a bankrupt crypto exchange, and its debtors have filed a request with the U.S. bankruptcy court of Delaware to seek approval for the sale of trust assets. Estimated to be valued at a staggering $744…
Closing Arguments Commence Wednesday as Sam Bankman-Fried’s Defense Concludes
Cryptocurrency enthusiasts and investors are closely watching recent developments in the United Kingdom, where the government, as reported by CNBC Television, is poised to introduce formal legislation for the regulation of cryptocurrencies. This monumental decision is set to impact the…
El Salvador’s Bitcoin Embrace: Poised to be the ‘Singapore of the New World’ Insights from VanEck Expert
El Salvador aims to transform itself into a significant financial center in Latin America, following the model set by Singapore in Asia. Driven by foreign investment, immigration, and the adoption of Bitcoin as legal tender, the small Central American nation…
Cardano’s Price Exhibits Promising Resilience in the Evolving Crypto Market
Cardano, often referred to as ADA, has been a focal point in the crypto market recently. Significantly, its current price is a testament to its resilience and potential in the ever-evolving crypto landscape. Overview of Cardano and current ADA price…
Betting It All: FTX’s Bankman-Fried Rolls The Dice On His Own Testimony Thursday, October 26, 2023
CNN recently reported that Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, will testify in his criminal fraud trial as early as Thursday, his defense team announced Wednesday. The move signals a dramatic shift in legal strategy as Bankman-Fried…
Inside the FTX Alleged $1.3 Billion Celebrity Spending Spree with Steph Curry, Kevin O’Leary, Tom Brady, and More
Nishad Singh, the former chief developer at Alameda and FTX, disclosed in court that approximately $1.3 billion of customer funds were directed toward bolstering Sam Bankman-Fried’s social standing and public image. Insights from United States v Sam Bankman-Fried Trial As…
Cardano’s Charles Hoskinson and Schwartz on SEC’s Regulatory Approach
The heads of two major blockchain platforms, Cardano and Ripple, are at odds over the SEC’s approach to regulating digital assets. In a recent interview, Cardano founder Charles Hoskinson suggested the SEC showed favoritism in declaring Ethereum not a security.…
Is Bitmain The Next FTX? A New Report Shows Atrocious Finance For The Crypto Mining Giant
It is always raining uncertainty on the crypto landscape, but the issue with Bitmain, just like FTX, is one that crypto analysts saw coming. Of course, these analysts are students of the principles and criteria of valid inferences and demonstrations…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
