Sam Bankman-Fried has claimed that he wan not aware of Alameda's finances but a report by Forbes indicates that he had knowledge about the quant trading firm's finances.
Summary: Galaxy Digital won a bid to buy one of Celsius’s assets as part of bankruptcy proceedings for the crypto lender. Mike Novogratz’s company will buy GK8, a custodial business that Celsius acquired over a year ago in November 2021. The custodian plans to launch crypto trading and lending for...
Coinbase has revealed that Apple blocked its latest app release due to the in-app NFT trading feature. Apple has levied a 30% tax on gas fees.
Changpeng Zhao's latest tweet is drawing criticism for spreading FUD against rival exchanges Kraken and KuCoin.
Coinbase it set to delist XRP, ETX, XLM and BCH on 5 December 2022. Low usage has been cited as the reason for this move.
Binance has moved around several billion since the collapse of FTX. The latest transfer, worth $2 billion came earlier today.
Summary: Crypto lender BlockFi declared bankruptcy on Monday after exposure to FTX. The company had some 100,000 creditors and around $256 million in cash when chapter 11 was filed. FTX backed the lender with a $250 million loan following Three Arrows Capital exposure. Cryptocurrency lender BlockFi filed for chapter 11...
Amazon is set to collaborate with the Russo brothers and David Weil to release a TV series based on the downfall of FTX.
U.S Senators Elizabeth Warren and Sheldon Whitehouse have written to the U.S Attorney General urging him to launch an investigation into FTX.
AT FTX's first bankruptcy hearing today, the exchange's attorneys acknowledged mismanagement that took place within the firm.
Genesis needs at least $500 million but Binance and Apollo said they will not invest in the lender at press time.
Summary: Tron founder Justin Sun said his team was in the Bahamas where FTX is based to evaluate a potential deal. Sun noted that the process might be long especially since Sam Bankman-Fried’s company already filed for bankruptcy. The billionaire digital currency proponent opined that FTX’s contagion will hurt crypto’s...