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Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
9.2.2023
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,”...
Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals
8.2.2023
Interest has skyrocketed following the first Ordinals transaction on Dec. 14
CoinGecko and 21Shares propose global crypto classification standard
8.2.2023
The new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022
The war among blockchains should stop to speed up adoption
8.2.2023
Sometimes we are so engrossed in internecine warfare among the chains and tokens that we fail to realize the regular folks who have no idea what we are talking about
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
8.2.2023
On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents
Nokia uses the metaverse to connect remote breweries, train aircraft techs
8.2.2023
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse
Bitcoin Favored Over Ether by CME Traders So Far This Year, Arcane Research Report Shows
7.2.2023
Open interest in bitcoin futures on the Chicago Mercantile Exchange has risen, while ether’s has declined, according to an Arcane Research report
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...
Sam Bankman-Fried lawyers reach agreement on use of messaging apps
7.2.2023
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest
Dingo crypto token flagged as scam over 99% transaction fee backdoor
6.2.2023
Cybersecurity firm Check Point said it discovered a smart contract function called "setTaxFeePercent" which can reportedly change the contract's buy and sell fees
Google Invests in AI Company Anthropic Despite Ties to FTX Co-Founder Sam Bankman-Fried
5.2.2023
Google has invested approximately $300 million in artificial intelligence start-up Anthropic, whose biggest investor is Alameda Research, the crypto hedge fund of disgraced crypto boss Sam Bankman-Fried.
According to a Friday report from the Financial Times, Google invested around $300 million...
London emerges as world’s most crypto-ready city for business — Research
5.2.2023
An examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups
Google invests $300M in AI firm previously funded by Sam Bankman-Fried
5.2.2023
Members of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
4.2.2023
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Alameda Research wallet receives $13M from Bitfinex, other sources
2.2.2023
The assets transferred to Alameda's consolidation wallet are reportedly part of bankruptcy recovery efforts
Alameda Research Wallet Receives $6M From Bitfinex Hot Wallet
2.2.2023
An Ethereum wallet that belongs to bankrupt trading firm Alameda Research quietly received $6 million from Bitfinex's hot wallet overnight, according to Nansen data
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings
31.1.2023
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital
31.1.2023
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately...