by COINS NEWS - 2 years ago
**Disclaimer:** This looks like financial advice, doesn’t it? If you put your head down and think, you may be convinced that this indeed is financial advice. If you close your eyes, it may seem logical to do what is in the article. Even then -...
Bitcoin News / Bitcoin.com - 2 years ago
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC).
16% of Solana’s Market Cap Is Held by FTX
In a recen...
Cryptocoins News / The Cointelegraph - 2 years ago
Ten percent of shareholder claims have been settled so far. They will be able to assess the company's condition at a Sept. 11–12 meeting. FTX has released the presenta...
Cryptocoins News / CoinJournal - 2 years ago
Crypto prices dropped after an FTX announcement that showed the value of various crypto assets the collapsed exchange held as of August 31.&
Bitcoin fell to lows of $25k while ETH, XRP and BNB traded to key support levels.
The crypto market sl...
Cryptocoins News / Finance Magnates - 2 years ago
The bankrupt cryptocurrency exchange, FTX has unveiled
assets worth USD $7 billion and billions of dollars in payments made to senior
executives, including its Founder, Sam Bankman-Fried. FTX’s financial
disclosure, made in a court filing on Monday,...
Cryptocoins News / Blockchain - 2 years ago
The top 10 digital assets held by FTX account for a dominant 72% of its total crypto holdings. Leading this list is Solana (SOL), with a valuation hovering around $1.2 billion. Following closely are Bitcoin (BTC) and Ethereum (ETH), valued at $560 mi...
Bitcoin News / Bitcoin.com - 2 years ago
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges that...
Bitcoin News / Bitcoinist - 2 years ago
It has been almost one year since the FTX crypto exchange filed for bankruptcy and the contagion brought about by its collapse continues to unfold.
So far, the exchange has gone after various companies and institutions in a bid to recover the billion...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance regional markets head Richard Teng insists that, despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX. Binance regional markets...
Cryptocoins News / CoinJournal - 2 years ago
The lawsuit focuses on a deal allowing Alameda Research to sell back a 5% stake in LayerZero.
The lawsuit also draws attention to an unfinished deal involving 100 million STG tokens, which LayerZero pledged to buy back at a $10 million discount.
Pel...