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Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
22.11.2022
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis
A Message from MaskEX
22.11.2022
PRESS RELEASE. Despite recent unfavourable market conditions, the MaskEX team wishes to thank its users for remaining loyal to the company. MaskEX aims to ensure that all transactions through the MaskEX website and app are secure and reliable. Additionally, the exchange guarantees the safety...
Blockchain Analysts: FTX Hacker Funds Are on The Move, Here’s Where They’re Headed
21.11.2022
Funds said to be stolen from the now-bankrupt crypto exchange FTX are on the move, and likely headed for exchanges as hackers attempt to cash out the proceeds.
According to an update from the blockchain intelligence company Chainalysis, the funds have already been converted from ethereum (ETH)...
Getting funds out of FTX could take years or even decades: Lawyers
21.11.2022
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline
FTX funds on the move as thief converts thousands of ETH into Bitcoin
20.11.2022
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection
20.11.2022
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million worth of FTX-related bitcoins somehow vanished as well. At one point, FTX held $3.3 billion...
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
19.11.2022
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in interest-bearing digital assets using cheap funds borrowed from...
Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University
17.11.2022
The launch follows IOG’s investment in hubs and funding at Stanford and Carnegie Mellon in the U.S
Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
17.11.2022
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
16.11.2022
The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds
Hottest Presale of 2022: Eco Friendly Crypto Firm IMPT is Raising Funds in Presale - Microsoft and Lego Join as Affiliate Partners
16.11.2022
The recent volatility in the markets has been difficult for traders and investors who aren’t focused on the longer term.
In particular, the prices of FTT and SOL have taken the largest battering, as the insolvency of SBF’s empire causes chaos in the wider markets....
Read More: Hottest Presale...
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’
16.11.2022
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv...
FTX bankruptcy freezes millions worth of crypto company funds
16.11.2022
Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States
This Crypto Asset Management Firm Says ‘Large Majority’ of Funds are Stuck on FTX – Who Else Was Affected?
15.11.2022
The crypto asset manager Ikigai has admitted that it held “a large majority” of its assets on the now-defunct crypto exchange FTX, saying it “got very little out” before the collapse. But the company is far from only one with exposure to Sam Bankman-Fried’s once-mighty empire....
Read More: This...
Jason Guthrie, Head of Digital Asset Product for WidsomTree, on FTX bankruptcy and Digital Funds | Ep. 178
15.11.2022
In an exclusive interview with cryptonews.com, Jason Guthrie, Head of Digital Asset Product for WidsomTree, talks about the FTX bankruptcy, tokenizing bonds, bringing traditional assets on chain, and making crypto more accessible to everyone....
Read More: Jason Guthrie, Head of Digital Asset...
First Mover Americas: FTX's Hacked Funds Are on the Move
15.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
14.11.2022
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis...
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
14.11.2022
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
14.11.2022
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve...