On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the beginning of the end of what was once one of the world’s most prominent and influential cryptocurrency exchanges. US authorities charged Bankman-Fried and four of his associates…
Two luxury apartments in San Francisco and a 53-foot yacht: That is part of the price Sam Trabucco, Alameda Research’s former co-CEO, will pay FTX to settle his debts with the ill-fated crypto exchange per legal filings published Monday. Trabucco will transfer the legal titles to both apartments, collectively worth $8.7 million, to FTX’s debtors. He will also hand over…
A new lawsuit by the FTX estate claims Binance and its former CEO were parties to an allegedly fraudulent share repurchase transaction. FTX is Going After Its Former Investors FTX wants its money back. According to court documents released by FTX estate on Sunday, Binance, Changpeng Zhao (CZ), and other Binance executives received $1.8 billion […] Source: https://news.bitcoin.com/ftx-wants-1-8-billion-from-binance-and-changpeng-zhao/
FTX, FTX Digital Markets and former Alameda Research co-CEO Sam Trabucco have reached a settlement agreement in the United States Bankruptcy Court for the District of Delaware. Trabucco has maintained a low profile since leaving FTX just months before its collapse. Agreeing to save time and money In a motion that will be heard on Dec. 12, the parties agreed…
Is Spirit Blockchain Capital trying to become the MicroStrategy of Dogecoin? According to CEO Lewis Bateman, the digital asset manager’s acquisition of Dogecoin Holdings—first revealed in October, with more details announced last week—was partly inspired by MicroStrategy’s Bitcoin-buying playbook. But the Canadian firm says it has bigger plans than just leveraging the $48 billion meme coin as a treasury reserve…
CoinDepo is a platform for staking cryptocurrencies, offering unique conditions for earning. The main goal of the project: in the conditions of the unstable crypto market, regular scams of various projects and constantly changing conditions, to offer its investors highly profitable and, above all, safe solutions for passive income. Who Should Use It? Firstly, CoinDepo […] Source: https://news.bitcoin.com/coindepo-how-can-traders-earn-a-passive-income/
Bitcoin (BTC) hit an all-time high of $87,475 today, cementing its position as a dominant force in the cryptocurrency market and moving closer to the significant $2 trillion market cap milestone. Bitcoin Climbs to New Records as Short Positions Tumble With a trading volume of $111.30 billion, bitcoin‘s (BTC) recent price surge reflects heightened market […] Source: https://news.bitcoin.com/btc-reaches-record-87475-approaches-2-trillion-market-cap/
Solana’s native token, SOL (SOL), surged by 35% between Oct. 5 and Oct. 11, reaching its highest level since December 2021 at $222. This movement has led traders to speculate whether the all-time high of $260 is within reach, especially after Bitcoin (BTC) crossed $84,500, driven by steady institutional inflows and anticipated regulatory clarity in the United States. SOL has…
The crypto exchange is one of the big winners from the United States elections on Nov. 5. News COINTELEGRAPH IN YOUR SOCIAL FEED Shares of cryptocurrency exchange Coinbase Inc. (COIN) surged more than 20% on Nov. 11, pushing the stock past $300 for the first time since 2021. United States crypto stocks are seeing massive gains after Donald Trump’s victory in…
It’s not just Bitcoin and other big-cap coins that are surging lately: Some tokens tied to games launched as Telegram mini apps have also seen impressive gains recently. Most notably, the tokens tied to the Elon Musk-themed X Empire and combat training game Rocky Rabbit both reached respective all-time high prices on Sunday. Tap-to-earn games have dominated Telegram this year,…
