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Galaxy Digital Considers Buying More Assets From Distressed Or Bankrupt Companies
December 18, 2023
Galaxy Digital, a cryptocurrency group led by U.S. billionaire Mike Novogratz, is actively seeking to acquire more assets from bankrupt digital asset companies.
Via
Benzinga
Topics
Bankruptcy
Exposures
Financial
Legal
FTX Token Climbs As Binance CEO Resigns: 'Traders Are Swapping Their BNB For FTT'
November 22, 2023
FTX’s native token FTT (CRYPTO: FTT) surged by 16% in the last 24 hours.
Via
Benzinga
Bim Afolami Takes Charge: New Era Of Crypto Policies In UK Treasury
November 14, 2023
Bim Afolami has been assigned as the new economic secretary to the Treasury in the United Kingdom, a position that involves overseeing policies related to cryptocurrencies and central bank digital...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
If FTX Is Up For Sale, New Owners Must Adhere To Law, FTX Chair Gary Gensler Says
November 09, 2023
SEC Chair Gary Gensler has expressed that a revived FTX (CRYPTO: FTT) could operate successfully under new leadership, provided it adheres to the law.
Via
Benzinga
Topics
Regulatory Compliance
Exposures
Legal
Regulatory
FTT Token Gains 12% In Last 2 Weeks During Sam Bankman-Fried, FTX Trial: Here's Why
November 03, 2023
While former FTX chief Sam Bankman-Fried was on trial, the native token he created saw a two-week gain of 12%. The cryptocurrency currently stands at $1.18 at the time of writing, with a 24-hour...
Via
Benzinga
FTX Takes Legal Action Against Former Employees Of Hong Kong Affiliate, Seeks $157M
September 22, 2023
Bankrupt crypto exchange FTX (CRYPTO: FTT) has initiated legal action against former associates of Salameda, a Hong Kong-based entity reportedly under the direct control of the crypto exchange's former...
Via
Benzinga
Topics
Bankruptcy
Exposures
Financial
Legal
FTX Gets Green Light To Liquidate $3.4B In Crypto To Pay Off Creditors
September 13, 2023
The U.S. Bankruptcy Court for the District of Delaware has granted permission to collapsed crypto exchange FTX to leverage its cryptocurrency assets to settle debts with creditors.
Via
Benzinga
Topics
Bankruptcy
Exposures
Financial
Legal
FTX's Ticking Time Bomb: Dogecoin, Tron, And Polygon May Face Brutal Shockwave
September 13, 2023
Concerns have been raised regarding the potential market impact of FTX's (CRYPTO: FTT) liquidations on certain cryptocurrencies, in an analysis by a crypto analytics firm.
Via
Benzinga
BitGo Secures $100M Funding Round, Valuation Hits $1.75B
August 16, 2023
BitGo Inc. announced a successful fundraising round, securing $100 million and elevating its valuation to $1.75 billion.
Via
Benzinga
Disney Explores Strategic Shift Away from Traditional TV, FTX Management & Creditors Clash, Alibaba's Q1 Earnings: Today's Top Stories
August 10, 2023
Financial Times
Via
Benzinga
HashKey's New License Could Spark A Wave of Investment In Hong Kong's Digital Asset Sector
August 03, 2023
HashKey received a license under Hong Kong's new cryptocurrency regulations, marking a significant step towards legitimizing the retail trading of digital assets in the city.
Via
Benzinga
Sequoia Capital's Turbulent Year: Partners Exit On Heels Of FTX Collapse, $214M Loss
July 20, 2023
Venture firm Sequoia Capital has undergone significant changes over the past year, marked by market volatility, a split, and the departure of at least five investors.
Via
Benzinga
Central Banks Pen Scathing Letter On Cryptocurrencies: Challenges Outweigh Innovation
July 11, 2023
An association of global central banks expressed doubt to the finance ministers of the world's 20 biggest economies about cryptocurrency's suitability as a financial instrument due to "intrinsic...
Via
Benzinga
Bybit Is 'Bringing The Ark' To EU Crypto Hotspot, Secures Custody Services License
June 26, 2023
Bybit has secured a license to operate a crypto exchange and provide custody services in Cyprus. The license, granted by Cyprus's regulatory authorities, enables Bybit to provide trading between crypto...
Via
Benzinga
Users Want Transparency From Binance, Kraken And Bitget After FTX Collapse: Nansen
June 15, 2023
According to Nansen, cryptocurrency users are demanding more transparency and enhanced protection measures from Kraken, Bybit, Bitget and other CEXs, or centralized exchanges.
Via
Benzinga
Hotbit Shuts Down: Time to Panic Or Stay Calm?
May 22, 2023
Crypto trading platform Hotbit announced it will cease operations starting May 22, urging its users to withdraw their funds before June 21, 4 a.m. UTC. Hotbit shared in a public statement that its...
Via
Benzinga
Hong Kong Banks Are Embracing Crypto Companies Despite Skepticism Across The Globe
April 28, 2023
Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition to establish itself as a leading cryptocurrency center.
Via
Benzinga
From Options To Crypto: Miami-Based MIAX Set To Acquire FTX's LedgerX For $50M
April 26, 2023
Cryptocurrency exchange FTX (CRYPTO: FTT) has agreed to sell its crypto-derivatives platform, LedgerX, to the owner of Miami International Securities Exchange (MIAX)
Via
Benzinga
FTX's Native Token Might Be Relaunched, Putin Personally Approved Arrest Of American Journalist Evan Gershkovich, Fox News-Dominion Voting Systems Trial To Start Monday: Today's Top Stories
April 13, 2023
Benzinga
Via
Benzinga
US Bankruptcy Judge Scoffs SEC's Objection To Voyager-Binance $1B Deal
March 03, 2023
Via
Benzinga
From AGIX To ANW: Will The Incredible Surge Of AI Tokens Sustain Going Forward?
February 23, 2023
Artificial Intelligence, or AI tokens, have grown in popularity. SingularityNET (CRYPTO: AGIX), Anchor Neural World (CRYPTO: ANW), and GNY (CRYPTO: GNY) are three of the most successful tokens on the...
Via
Benzinga
SEC Proposes Rule Making It Harder For Crypto Firms To Work With Hedge, Pension Funds
February 14, 2023
The U.S. Securities and Exchange Commission (SEC) is set to propose rule changes that would make it harder for crypto firms to be designated as "qualified custodians," Bloomberg reported.
Via
Benzinga
Crypto Firm Paxos Poised To Face SEC Lawsuit Over $16B Binance USD Token Minting
February 13, 2023
The Securities and Exchange Commission plans to sue the crypto firm Paxos Trust Co for violating investor protection laws.
Via
Benzinga
Alameda Research Wallets Reactivate, Transfer Millions In FTX Tokens, Sparking Community Concern
February 08, 2023
The crypto community was taken by surprise Tuesday when wallets associated with the now-bankrupt Alameda Research were once again active, transferring millions of dollars in FTX (CRYPTO: FTT) tokens.
Via
Benzinga
Several Buyers Express Interest In Crypto Lender Hodlnaut, And Its FTX Claims
February 06, 2023
Several potential buyers have signaled interest in troubled crypto lender Hodlnaut Pte, including its claims against the bankrupt crypto exchange FTX. Hodlnaut's interim judicial managers have received...
Via
Benzinga
Sony Scales Back PlayStation VR2 Output, Sam Bankman-Fried Attempted To Regain Control Of FTX, White House Plans To End COVID-19 Emergency: Today's Top Stories
January 31, 2023
Bloomberg
Via
Benzinga
FTX's Sam Bankman-Fried Attempted To Regain Control Of Bankrupt Crypto Exchange
January 31, 2023
Beleaguered crypto exchange FTX founder Sam Bankman-Fried tried to stop bankruptcy proceedings in the U.S. in November to transfer assets from his crypto exchange to foreign regulators.
Via
Benzinga
Den Launches Beta, Touting Faster And Safer Transactions On Heels Of FTX Collapse
January 19, 2023
They say that the current down market is a time for building. If so, then blockchain developers have a new resource for faster transactions and more secure self-custody. On Tuesday, on-chain multisig...
Via
Benzinga
Upland CEO Unveils 'Metaverse Super-App' To World Leaders At Blockchain Hub Davos 2023
January 18, 2023
This week marks the World Economic Forum (WEF) Annual Meeting and Blockchain Hub Davos 2023 which runs concurrently on Jan. 16-19 in Davos, Switzerland.
Via
Benzinga
Once Reluctant, Scaramucci Alleges FTX's Sam Bankman-Fried 'Committed Fraud'
January 13, 2023
Crypto exchange FTX (FTT/USD) bought a 30% stake in SkyBridge Capital in September before the crypto company filed for bankruptcy in November. SkyBridge's founder Anthony Scaramucci said the investment...
Via
Benzinga
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