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Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
12.5.2024
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...
Donald Trump Set To Dine With NFT Buyers At Mar-a-Lago: Report
8.5.2024
Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate, Axios has reported. News of the dinner comes as the former U.S. president faces 34 counts of falsifying businesses charges in relation to...
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
8.5.2024
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
6.5.2024
As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real...
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
1.5.2024
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund
Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg
26.4.2024
Bloomberg reports that Pantera won bids for some of the 41 million locked Solana tokens during an FTX estate auction this week.
The post Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg appeared first on Cryptonews
FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says
22.4.2024
The FTX estate is set to auction off the next lot of its long-awaited locked Solana tokens, Figure CEO Mike Cagney alleged in a Saturday post to X.
The post FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says appeared first on Cryptonews
FTX Estate Plans Auction for Locked Solana Tokens
22.4.2024
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens...
Solana Price Prediction as FTX Estate Sells $1.9 Billion Worth of SOL – Will SOL Rally Now?
7.4.2024
Solana Price Prediction In a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half...
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
5.4.2024
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana...
FTX Liquidators Target Repayment to Creditors by End of 2024
1.4.2024
The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital's Joint Official Liquidators in the Bahamas.
The post FTX Liquidators Target Repayment to Creditors by End of 2024 appeared first on Cryptonews
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
31.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that...
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”
22.3.2024
Unabomber prosecutor Robert J. Cleary has been approved by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX. Cleary's appointment marks a significant shift into the collapse of FTX following over a year of calls for an appointment...
Revolutionizing Real Estate: Bixos Estate Unleashes Tokenization with UBXS Token, Sparking Rapid Sellout
22.3.2024
PRESS RELEASE. RWA, which has recently caught a high hype among blockchain projects, seems to be a strong trend in the upcoming bull season. Bixos Estate offers a revolutionary innovation in the real estate industry using blockchain technology. The UBXS token pioneered by the company is...
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain
13.3.2024
PropyKeys, deployed on Coinbases’s L2 network Base, allows users to mint a digital address – including global landmarks – corresponding to a tangible property.
The post EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain appeared first...
Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews
London’s Richest Tenants Are Paying Rents in Bitcoin : Here’s What You Need to Know
11.3.2024
UK's luxury property firm Knightsbridge Prime Property has completed a £45,000 a week rental transaction in Bitcoin.
The post London’s Richest Tenants Are Paying Rents in Bitcoin : Here’s What You Need to Know appeared first on Cryptonews
BlockFi’s Zac Prince Leaves Crypto, Joins Real Estate Tech Startup Re Cost Seg
11.3.2024
Prince says he considered starting a new company in the crypto space, but wants something with a regular work week and lacks the octane and volatility of the industry