FTX
- Markets
Bitcoin Price Declines as ETF Outflows Raise Concerns, $640M Out in One Day
Recently, the price of Bitcoin went down to $39,998, and things aren’t looking great for Bitcoin-related investment funds. These funds,…
Read More » - Companies
FTX’s Share Liquidation: Insights Behind Grayscale Bitcoin Trust’s BTC Sale
The recent shift in Grayscale’s Bitcoin Trust (GBTC) has captured attention as investors have withdrawn over $2 billion since its…
Read More » - DeFi
Ethereum Faces Scalability Challenges with Soaring Fees as Buterin Unveils Controversial Insights
The Ethereum blockchain, a pioneering smart contract platform, is currently facing some hurdles in its journey towards mass adoption. This…
Read More » - Government
U.S. Prosecutors Forego Second Trial for Sam Bankman-Fried
U.S. prosecutors have stated their intention to forego a second trial for Sam Bankman-Fried, recently convicted for embezzlement from customers…
Read More » - Featured
Unlocking 2024: Crypto ETFs, Regulations and the Rise of a Bullish Market
Cryptocurrencies have emerged as a transformative force, altering the landscape of finance and investment with their decentralized allure. As we…
Read More » - Crypto Exchanges
The IRS’ Astronomical $24 Billion Tax Claim Casts Dark Cloud Over FTX Victim Recovery
The United States Internal Revenue Service (IRS) has pushed forward a staggering $24 billion tax claim against the beleaguered crypto…
Read More » - Markets
Bitcoin Surges Beyond $41K, Highest Since April in Pivotal Momentum
Bitcoin‘s resurgence beyond the $41,000 mark for the first time this year marks a pivotal moment, riding a wave of…
Read More » - Crypto Exchanges
Court Greenlights $873 Million Trust Asset Sale for FTX Creditor Repayment
In a major development for the bankruptcy proceedings of crypto exchange FTX, a Delaware bankruptcy court has given the go-ahead…
Read More » - Crypto Exchanges
US Pursues Over $4B from Binance to Resolve Criminal Case: Unconfirmed Claims and Transfers
The U.S. Justice Department is reportedly pursuing a resolution that would demand over $4 billion from Binance Holdings, potentially involving…
Read More » - Crypto Exchanges
FTX Sues Bybit for $953 Million Over VIP Withdrawals
FTX’s bankruptcy advisers have filed a lawsuit against Bybit Fintech Ltd and two affiliated entities in an attempt to recover…
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