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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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Crypto Price Today: Bitcoin Breaches $46,000 Mark, Most Cryptocurrencies Mint Profits
The overall valuation of the crypto sector spiked by 3.08 percent in the last 24 hours. On Friday, February 9 Bitcoin was trading at the price point of $46,275 (roughly Rs. 38.4 lakh). Bitcoin’s rally ignited an upward movement for all major cryptocurrencies on Friday. Ether is trading at price of $2,449 (roughly Rs. 2.03 lakh).
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Crypto Price Today: Bitcoin Falls Below $40,000, Small Gains Seen by Tether, USD Coin
The overall market cap dropped by 2.13 percent in the last 24 hours. Most cryptocurrencies followed Bitcoin and Ether on the loss-making side of the crypto chart on Tuesday, January 23. As per analysts, Markets usually go up only when there is sufficient fear in the market and it seems like people are now starting to get afraid.
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Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets.
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Bitcoin Price Continues to Rise Alongside Ether and Most Cryptocurrencies: Details
The overall crypto market cap fell by 1.22 percent in the last 24 hours. After a US court allowed FTX to liquidate the remainder of its BTC, ETH, and SOL crypto assets, the value of most cryptocurrencies recorded profits. Some cryptocurrencies did see losses on Thursday, September 14. These include Bitcoin SV and Spell Token.
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Crypto Investors Grow Cautious After Sudden Collapse of Exchanges Last Year
Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...
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Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
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Binance, Its US Partner Being Questioned for Regulatory Compliance and Finances
Three US Senators have asked giant cryptocurrency exchange Binance and its US partner Binance.US for information about their regulatory compliance and finances, citing a series of investigations by Reuters and some other media reports, according to a letter released on Wednesday. In the letter, Democrats Elizabeth Warren and Chris Van Hollen alon...
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Binance's US Partner Confirms Role of Trading Platform in Operating CEO Zhao's Firm
The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the ...
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Binance Moved $400 Million From US Partner to Trading Firm Managed by CEO Zhao, Records Show
Binance, the world's most prominent crypto exchange, transferred large sums of money over the first three months of 2021 from a secret bank account that belonged to its purportedly independent US partner, to a trading firm that is managed by Binance CEO Changpeng Zhao, according to banking records and company messages.
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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Crypto Price Today: Bitcoin Breaches $46,000 Mark, Most Cryptocurrencies Mint Profits
The overall valuation of the crypto sector spiked by 3.08 percent in the last 24 hours. On Friday, February 9 Bitcoin was trading at the price point of $46,275 (roughly Rs. 38.4 lakh). Bitcoin’s rally ignited an upward movement for all major cryptocurrencies on Friday. Ether is trading at price of $2,449 (roughly Rs. 2.03 lakh).
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Crypto Price Today: Bitcoin Falls Below $40,000, Small Gains Seen by Tether, USD Coin
The overall market cap dropped by 2.13 percent in the last 24 hours. Most cryptocurrencies followed Bitcoin and Ether on the loss-making side of the crypto chart on Tuesday, January 23. As per analysts, Markets usually go up only when there is sufficient fear in the market and it seems like people are now starting to get afraid.
-
Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets.
-
Bitcoin Price Continues to Rise Alongside Ether and Most Cryptocurrencies: Details
The overall crypto market cap fell by 1.22 percent in the last 24 hours. After a US court allowed FTX to liquidate the remainder of its BTC, ETH, and SOL crypto assets, the value of most cryptocurrencies recorded profits. Some cryptocurrencies did see losses on Thursday, September 14. These include Bitcoin SV and Spell Token.
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Crypto Investors Grow Cautious After Sudden Collapse of Exchanges Last Year
Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms. The recent crypto platform bankruptcies trapped customer assets now worth around $34 bi...
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Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
-
Binance, Its US Partner Being Questioned for Regulatory Compliance and Finances
Three US Senators have asked giant cryptocurrency exchange Binance and its US partner Binance.US for information about their regulatory compliance and finances, citing a series of investigations by Reuters and some other media reports, according to a letter released on Wednesday. In the letter, Democrats Elizabeth Warren and Chris Van Hollen alon...
-
Binance's US Partner Confirms Role of Trading Platform in Operating CEO Zhao's Firm
The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the ...
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Binance Moved $400 Million From US Partner to Trading Firm Managed by CEO Zhao, Records Show
Binance, the world's most prominent crypto exchange, transferred large sums of money over the first three months of 2021 from a secret bank account that belonged to its purportedly independent US partner, to a trading firm that is managed by Binance CEO Changpeng Zhao, according to banking records and company messages.
