Search
FTT Bucks Market Turmoil As FTX Estate Revealed To Be Behind GBTC Sales
23.1.2024
FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%
FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress
22.1.2024
Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor...
Just In: FTX’s Bankruptcy Estate Sold 22 Million GBTC Shares, Leading to $1 Billion GBTC Outflow
22.1.2024
FTX’s $1 billion sell-off of its GBTC shares was a major catalyst of the trust’s outflows after becoming a spot Bitcoin ETF. Image by Formatoriginal, Adobe Stock. The ongoing bankruptcy proceedings for crypto exchange FTX have led to major sell-offs from one of the largest bitcoin...
Thai Securities and Exchange Commission Lifts Restrictions on Digital Asset Investments
19.1.2024
Thailand’s securities regulator has removed investment restrictions on retail investors who invest in real estate-based digital tokens. The Thai Securities and Exchange Commission (SEC) said digital asset entities that want to diversify to other businesses need to get its approval first....
Bain and Company: Tokenization Can Unlock a $400B Yearly Alternative Investment Opportunity
5.1.2024
A report issued in December by Bain and Company and JPMorgan executives recognized the impact that tokenization can have in bringing alternative investments (such as private equity, private credit, real estate, and hedge funds) to individual investors. The document states that this can be a $400...
Unlocking the Future: A Guide to Buying a House with Cryptocurrency – Mortgages, Payments, and Insurance
29.12.2023
Finance and money technology background concept of business prosperity and asset management . Creative graphic show economy and financial growth by investment in valuable asset to gain wealth profit . Believe it or not, 2024 may be a popular year for homebuyers. The National Association of Realtors...
FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings
28.12.2023
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871...
Shytoshi Kusama Drops Hints on Significant Shiba Inu (SHIB) Developments, Everlodge (ELDG) To Integrate AI Into Its Unique Platform
19.12.2023
Recently, the Shiba Inu (SHIB) lead developer Shytoshi Kusama hinted at new major developments for the altcoin. Meanwhile, Everlodge (ELDG) has made headlines by integrating AI into its upcoming platform. This has the potential to revolutionize the real estate industry, which Statista projects...
Profi Group: The Art of Investing Embodied in Artificial Intelligence and Blockchain
1.12.2023
London, UK 12/01/2023 In a world where technological solutions emerge daily, the financial sector is undergoing a revolution. A leading player in this transformation is the British fund Profi Group, whose innovative approach to investing finds embodiment in artificial intelligence (AI). With...
Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers
30.11.2023
The Delaware District’s U.S. Bankruptcy Court has greenlit the FTX estate’s disposal of trust assets. This sanction, issued on November 29, 2023, paves the way for the beleaguered crypto exchange to offload investments in several funds, including Grayscale and Bitwise stakes....
1 Way to Revive Dead NFT Wallets
22.11.2023
Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits
Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen
22.11.2023
Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in...
Osaka Digital Exchange to Launch Trading of Japan’s First Digital Securities on December 25
20.11.2023
Source: Jezael Melgoza/Unsplash Osaka Digital Exchange Co. is set to revolutionize Japan’s financial landscape by introducing the country’s first-ever digital securities trading. On November 16, Osaka Digital Exchange (ODX) announced plans to launch Japan’s first-ever digital...
Failed '$175M' real estate token raise draws ire of Texas regulators
16.11.2023
"GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions," regulators say
SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken
6.11.2023
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year
Hashing It Out: Roofstock onChain vice president explains how Web3 and real estate interact
2.11.2023
Sanjay Raghavan believes that the tokenization of real estate could bring Web3 adoption and provide a diversification alternative for crypto natives
FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges
26.10.2023
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocurrencies to Binance earlier in the day....
Robert Kiyosaki Shares His Investment Strategy — Says He’s Not Trying to Be Warren Buffett
25.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has revealed his investment strategy, emphasizing its divergence from the investment approach adopted by Berkshire Hathaway CEO Warren Buffett. “I am an average investor ‘accumulating’ the asset I want for the long term. I have been...
FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...
Evergrande’s Economic Tremors Trigger Bank Run in Northern China
17.10.2023
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned billions to the struggling company. This...