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HomeCrypto

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Crypto

Incoming GOP Congressman Fears Democrats Will Downplay FTX Scandal, Calls for ‘Thorough’ Investigation

November 24, 2022 Mariel Alumit

Authored by John Ransom via The Epoch Times (emphasis ours), A newly-elected GOP representative from New York said that he worries that Democrats will try to downplay potential campaign finance and securities law violations by […]

Crypto

“Retail Hasn’t Sold”: Despite Crypto Crash, Bitcoin HODLing Hits A Record

November 24, 2022 Mariel Alumit

Something curious is taking place in the world of bitcoin as the price of the largest digital token tumbles to a two year low amid the second crypto winter accentuated by one man’s historic fraud: […]

Bitcoin-prices - ENB
Bankruptcy

Core Scientific Bitcoin Miner Hit By Energy Costs And Decline In BTC

November 24, 2022 Mariel Alumit

The world’s biggest publicly listed bitcoin miner by computing power, Core Scientific (CORZ), announced that it may run out of money before year’s end. At the end of October, the company had $32.2 million in […]

Bankruptcy

Is Crypto Conglomerate DCG In Trouble With Genesis On Verge Of Bankruptcy?

November 22, 2022 Stu Turley

Update (1440ET): Digital Currency Group founder and CEO Barry Silbert has responded to market chatter and sent a reassuring note to shareholders. The Block reports that Silbert told shareholders: “DCG will continue to be a […]

FTX
Crypto

Sam Bankman-Fried’s Parents Bought Bahamas “Vacation Home” Among $121 Million In FTX Property Purchases

November 22, 2022 Stu Turley

It turns out that it wasn’t just the “executives” running the show at FTX and Alameda who were enjoying the luxuries of owning mansion in the Bahamas… Sam Bankman-Fried’s parents were also among a group […]

FTX
Crypto

Highlights From First FTX Bankruptcy Hearing: “Substantial Amount” Of FTX Assets Stolen, “Dueling” Bahamas Liquidation Comes To A Head

November 22, 2022 Stu Turley

Today at 11am ET, the first FTX bankruptcy court hearing finally took place in Delaware bankruptcy court before Judge John Dorsey, the official start of what will be a long, complex and unprecedented chapter 11 […]

Crypto
Crypto

“Crypto Is Here To Stay” – Billionaire Bill Ackman U-Turns With Several Investments

November 21, 2022 Mariel Alumit

With cryptos making headlines every day – and not in a positive way with the post-SBF fallout snowball gathering pace downhill – none other than billionaire hedge fund manager Bill Ackman offered a surprising rejoinder […]

Crypto

FTX Reveals Top 50 Creditors Are Owed $3.1 Billion, Seeks To Keep Their Names Confidential

November 20, 2022 Mariel Alumit

Amid the frenzied scramble to divulge all of FTX’s dirty secrets, including where the fate of those $8 billion in stolen client funds which were handed over to Alameda ahead of the largest crypto exchange […]

Crypto

FTX Hacker Starts Dumping Massive Haul Of Ether Tokens

November 20, 2022 Mariel Alumit

Last weekend, we reported on the mysterious $662 million outflow of tokens that suddenly hit FTX. At the time, Nansen’s Alex Svanevik said, “It’s unclear exactly who’s making the transactions, but you wouldn’t expect to […]

Price
Crypto

Grayscale Bitcoin Trust Says It Won’t Confirm Its On-Chain Wallet Information Publicly

November 19, 2022 Mariel Alumit

Submitted by QTR’s Fringe Finance Amidst the heightened scrutiny on basically all structured crypto products following the blowup of FTX, many players in the crypto space are rushing to reassure their clients and the investing […]

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