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Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...
Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates
22.10.2023
Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss...
Spot Bitcoin ETF Approval Is Coming, but Analysts Differ on Possible Price Reaction
18.10.2023
A fake report about BlackRock's spot BTC ETF approval Monday spurred a short-lived bitcoin rally to $30,000
FTX Scandal: What the Latest Testimony Means for the Cryptocurrency Industry
18.10.2023
As the FTX trial is unfolding, recent testimony has revealed major internal issues at the cryptocurrency exchange, raising questions about the industry at large. The revelations come amid a week of heated courtroom debates and could reshape the way cryptocurrency exchanges operate in...
Bitcoin Changing Hands Cycle Signals Bear Market Recovery, Glassnode Study Shows
17.10.2023
New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give Way to Short-term Speculators A recent report by...
FXGT.com’s research & insights: Navigate the markets with confidence
17.10.2023
While forex trading continues to gain increasing traction as time passes, every trader, especially beginners, must have a thorough knowledge of research and insights to ensure broad success in trading. In the meantime, using effective research and analysis tools also becomes imperative. FXGT.com...
DeSci-focused DAO community funds cancer research
17.10.2023
VitaDAO community agreed to fund an early-stage cancer research through the launch of a biotech company named Matrix Biosciences
New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried
15.10.2023
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut. It promises a deep dive into the staggering...
Best Crypto to Buy Now October 13 – Filecoin, IOTA, The Sandbox
13.10.2023
New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse.
Speaking to Alameda staff in Hong Kong last November, Ellison acknowledged the firm borrowed large sums from...
Research Firm Elliptic Links FTX Hack to Russian Attackers
13.10.2023
Research by blockchain intelligence firm Elliptic has revealed potential links between the FTX hacking incident last November, which resulted in an estimated $400 million loss, and Russian-based cybercrime groups.
The majority of the stolen assets, primarily in Ether (ETH), had remained dormant...
Secret Alameda recording reveals exact moment staff learned about FTX deposits
13.10.2023
A 75-minute recording, obtained by Cointelegraph, shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits
It ‘Felt Good’ to Come Clean — Caroline Ellison Reveals Intricacies of FTX Operations in Court Testimony
12.10.2023
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, could play a critical role in the ongoing fraud...
Is Sam Bankman-Fried a Sociopath?
12.10.2023
Court Approves Genesis and FTX $175 Million Settlement Deal Despite Outrage from Creditors
12.10.2023
A United States court has approved the settlement terms of bankrupt digital asset lender, Genesis and FTX's sister company, Alameda Research.
A Court filing on Oct 11 shows judicial accent cloaked the agreement which was entered by both companies in the course of the bankruptcy...
Kraken Co-Founder Criticizes Venture Capitalists for Enabling Fraud at FTX
12.10.2023
In an X social media post on Wednesday, Jesse Powell, the co-founder of Kraken, criticized venture capital firms for their role in what he described as "obvious fraud" at FTX, led by Sam Bankman-Fried (SBF).
Powell's comments come amid ongoing legal proceedings against SBF in New York....
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Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
12.10.2023
Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200 million.
In a series of posts on X (Twitter), titled ‘The Hacks,’ the whistleblower revealed, “poor security practices...
Alameda Research lost $190M to scams and 'questionable’ blockchains: Whistleblower
12.10.2023
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link
Alameda’s $150M Bribery Bombshell: Thai Sex Workers and Sam Trabucco’s Disappearance Fuels Mystery
12.10.2023
In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The narrative thickens as the former co-CEO, Sam Trabucco, has seemingly...
Bitcoin Still Number One Due to Higher Futures Premium, K33 Research
11.10.2023
A research conducted by K33 shows that Bitcoin still retains its top position as the most appealing cryptocurrency due to its higher premiums in futures trading.
Ether, the second most valuable crypto asset by market capitalization, is expected to play second fiddle once again due to the lower...
Soliciting the Saudi Crown Prince and Buying Snapchat: Ex-Alameda Chief Reveals Covert Dealings in SBF’s Fraud Hearing
11.10.2023
FTX’s former CEO, Sam Bankman-Fried (SBF), allegedly guided staff to inappropriately utilize FTX client resources and hide financial vulnerabilities from various lenders, revealed former Alameda Research CEO Caroline Ellison during Wednesday’s hearing in SBF’s ongoing fraud case....