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‘Serious Fraud and Mismanagement’ Occurred at FTX Says Bahamian Liquidators


Liquidators in the Bahamas working on the now-bankrupt crypto exchange FTX believe there was “serious fraud and mismanagement” occurring at the exchange, court documents have revealed. “The Joint Provisional Liquidators’ findings to date indicate that serious fraud and mismanagement may have been...

Bitflex: Next-Generation Cryptocurrency Exchange Officially Launches


PRESS RELEASE. Seychelles, November 18, 2022 – Bitflex Ltd. (“Bitflex,” “we” or “our”), a blockchain technology company in the global market, today has just announced the official launch of its cryptocurrency exchange. The launch follows an extremely successful beta period, which saw its user base...

Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa


Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of Ripple’s partnership with MSF Africa, which has...

Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market


The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers. According to the company’s latest earnings report, Nividia’s total revenue for the third...

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