-
BlockFi Seems To Have Accidentally Revealed $1.2B Exposure To FTX, Alameda Research
Tuesday, January 24, 2023 - 11:44pm | 455BlockFi, the bankrupt cryptocurrency lending firm, has inadvertently revealed financials indicating $1.2 billion in assets tied up with the embattled FTX and Alameda Research. What Happened: According to a report from CNBC, filings that had previously been redacted but were mistakenly uploaded on...
-
Top 4 Craziest Things Sam Bankman-Fried Laid Bare In His New Substack
Thursday, January 12, 2023 - 1:07pm | 784Days after being released on a $250 million bond, Sam Bankman-Fried — founder of beleaguered cryptocurrency exchange FTX — turned to social media to deny allegations of misappropriating user funds. He also slammed Binance CEO Changpeng Zhao for allegedly running a months-long...
-
Digital Currency Group Details Millions In Outstanding Debts To Genesis, Investment In Exchanges Like FTX
Wednesday, January 11, 2023 - 11:11am | 696Institutional investor Digital Currency Group has revealed it owes Genesis, a digital currency lending firm, $447.5 million and an additional $78 million in Bitcoin (CRYPTO: BTC). These debts are set to mature in May of this year and come in addition to an outstanding promissory note. DCG...
-
FTX Token Skyrockets 40%, Surpassing Bitcoin and Ethereum Gains — Sets Off Short Squeeze
Monday, January 9, 2023 - 11:24pm | 372After weeks of stagnation, the crypto market roared back to life on Monday as coins with smaller market capitalizations outperformed larger ones like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: Among the biggest winners was FTT (...
-
Solana Sees Relief Rally With Whopping 65% Weekly Gain Thanks To This Dogecoin Knockoff
Friday, January 6, 2023 - 7:40am | 446Solana (CRYPTO: SOL), one of the leading proof-of-stake cryptocurrencies, has skyrocketed by an astonishing 65% in the past week thanks to BONK (CRYPTO: BONK), a Dogecoin knockoff that debuted on the Solana ecosystem this year. What Happened: BONK is a meme-inspired cryptocurrency modeled on...
-
'We Had The Majority Of The Assets On FTX': Ikigai Hedge Fund CIO Shares It Is Among FTX's Victims
Monday, November 14, 2022 - 6:51pm | 490In a series of tweets, Ikigai Asset Management CIO Travis Kling reported his hedge fund was directly affected by the financial disaster of FTX that shocked the entire crypto community. And, there is no one better to tell us what happened than Kling himself, via the Twitter ...
-
Fintech Focus For November 4, 2020
Tuesday, November 3, 2020 - 8:01pm | 1908Quote Of The Day: The question isn't who is going to let me; it's who is going to stop me. - Ayn Rand Fintech Movers: Voice technology has the potential to improve financial services in more ways than just convenience and accessibility. - SDK.finance Alameda invests $3M in 3Commas. Schwab...