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XRP Price Prediction as $700 Million Trading Volume Comes In – Are Whales Selling?
7.7.2023
XRP (XRP), the cryptocurrency that powers the decentralized payments-focused XRP Ledger that was created by US fintech company Ripple, has recovered back into the green after slipping to fresh monthly lows earlier in the day.
XRP was last changing hands around $0.4650, up a little under 1% for...
FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...
FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds
23.6.2023
Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.
On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
23.6.2023
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges
Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions
7.6.2023
U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer...
Former Minnesota Vikings Co-Owner Convicted in $700 Million Cryptocurrency Scam
6.6.2023
The Manhattan federal court has convicted the former co-owner of the Minnesota Vikings, Reginald Fowler, for a $700 million crypto scam.
Washington Post reported that Fowler, aged 64, defrauded the Alliance of American Football (AAF), a now-shut-down professional football league, in a fraudulent...
Binance Sees $700 Million in Ethereum Outflows Amid SEC Charges, Highest Since March Crypto Crisis
6.6.2023
The world’s largest crypto exchange, Binance, saw outflows of more than $700 million on the Ethereum network alone on Monday after news broke that the exchange is being sued by the US Securities and Exchange Commission (SEC).
The news of the outflows was shared by on-chain analysis platform Nansen...
Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
2.6.2023
Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...
Arbitrum's 700 Million ARB Return Proposal Fails, Deemed a "Power Play" by Whale – Here's What Happened
16.4.2023
The bulk majority of ARB token holders have voted against a proposal demanding the return of 700 million ARB tokens to the Arbitrum DAO Treasury.
The final results, which come after a seven-day voting period that started on April 8, show that more than 84% of ARB token holders rejected...
Founder of Crypto Exchange Bitzlato Denies US Charges
16.3.2023
The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder...
Solana Price Prediction as $700 Million Trading Volume Comes In – Can SOL Recover to $100?
8.2.2023
The solana price has risen to $23.60 today, representing a 1% gain in the past 24 hours. This movement means it also has increased by 3.6% in the past fortnight and by an impressive 64% in the last 30 days, with the compensating for many of the losses it suffered in the wake of the...
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
4.2.2023
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Optimism Price Prediction as $700 Million Trading Volume Comes In – Time to Buy?
26.1.2023
Optimism price rally to new all-time highs could be a harbinger of a better 2023, following a dismal performance in 2022. Over the last couple of weeks, Optimism’s value grew by 41% to trade at $2.36 at the time of writing. Cumulatively, investor holdings surged 147% in 30 days, pushing OP 479%...
US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried
21.1.2023
Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions...
U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTX
21.1.2023
The U.S. seized $700 million of former FTX CEO Sam Bankman-Fried’s assets and is now seeking their forfeiture
XRP Price Prediction as $700 Million Trading Volume Turns XRP Green – $1 Next?
20.11.2022
XRP price prediction remains slightly bullish above the $0.3650 support zone, as XRP's trading volume has sliced through $700 million and now stands at $865 million.
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto sector will emerge stronger after the FTX catastrophe...
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
Telegram Launches Premium Tier Benefits Seeking to Monetize Platform
22.6.2022
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity...
12 Companies Keep Close to $700 Million in Ethereum in Treasuries
10.4.2022
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent...