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FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
23.3.2024
John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency...
Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling
22.3.2024
FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud.
Here's the latest.
The post Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling appeared...
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
22.3.2024
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal Ethics From FTX Bankruptcy Proceedings The SSRN...
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case
22.3.2024
The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.
The post San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case...
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
19.3.2024
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said
Liberia is Working to Build CBDC with Blockchain Solutions Firm Gluwa
19.3.2024
Real-world asset platform Gluwa will be assisting in the research and development of Liberia’s CBDC.
The post Liberia is Working to Build CBDC with Blockchain Solutions Firm Gluwa appeared first on Cryptonews
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
18.3.2024
Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote
Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption
14.3.2024
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...
Franklin Templeton Recognizes Strong Link Between Meme Coins and Native Blockchains
14.3.2024
In its latest research shared on social media, Franklin Templeton highlights the significant relationship between meme coins like Dogecoin and their underlying blockchains, including Solana and Ethereum.
The post Franklin Templeton Recognizes Strong Link Between Meme Coins and Native Blockchains...
Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities
13.3.2024
Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...
BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research
7.3.2024
BlockFi reaches a settlement with FTX and Alameda Research, securing $874.5 million for customer compensation, setting the stage for significant progress in its bankruptcy resolution process.
The post BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research appeared first...
BlockFi Settles With FTX, Alameda Estates for $874.5M
7.3.2024
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan
Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption
6.3.2024
Virginia's Senate Bill No. 339 aims to create a research group to study blockchain and cryptos.
The post Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption appeared first on Cryptonews
USC Professor's Crypto Startup 'Sahara' Raises $6M to Reward AI Trainers
5.3.2024
Sahara co-founder Sean Ren, a computer science professor at the University of Southern California, says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI
BitTorrent Chain Spotlighted in Reports by CoinMarketCap and Reflexivity Research
29.2.2024
PRESS RELEASE. Singapore / February 29th, 2024 / – BitTorrent Chain (BTTC), a pioneering force in blockchain interoperability and scalability, has been featured in recent reports by CoinMarketCap (CMC) and Reflexivity Research, highlighting its growing influence in the blockchain sector....
Crypto Market Research Firm Observes Declining Weekend Trading Activity for Bitcoin
28.2.2024
Nobody is trading Bitcoin on the weekend anymore, concludes a new blog post by analysts at blockchain market data provider Kaiko. So far this year, only 13% of all Bitcoin transactions have been executed on the weekend. This is down from 17% last year and 24% back in 2018. Over that same period...
DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit
27.2.2024
Quantitative research firm Gauntlet has joined Morpho, a trustless decentralized finance (DeFi) lending protocol, as a risk curator following its departure from Aave (AAVE).
The post DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit appeared first on Cryptonews
Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit
27.2.2024
Research from Bybit highlights a growing institutional bullishness on Ether, driven by the expected positive impact of the Dencun upgrade on the Ethereum blockchain.
The post Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit appeared first on Cryptonews
Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts Bitcoin at $88K This Year
27.2.2024
Bitwise crypto research analyst Ryan Rasmussen estimates a 50% chance of approval for a Spot Ether ETF by May. He noted that the prospect of these ETFs is indeed attracting attention from institutional investors.
The post Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts...