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FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing
13.11.2022
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently...
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...
Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas
12.11.2022
According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the flight, a number of people suspected someone from...
Elon Musk Shares Thoughts on FTX Founder Sam Bankman-Fried – This Is What He Said
12.11.2022
Tesla and SpaceX CEO Elon Musk has claimed that he never trusted FTX founder and former CEO Sam Bankman-Fried.
Back in March, when Musk was trying to raise funds in a bid to finance his $44 billion Twitter buyout, Bankman-Fried reached out to the billionaire via intermediaries to express...
Worldwide Webb founder explains the role interoperability will play in Web3
12.11.2022
NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse
Cosmos Blockchain Founder Kwon Says He Is Against Proposed Changes to ATOM Token
11.11.2022
Voting on the contentious proposal, which would allow the introduction of liquid staking, ends Monday
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
11.11.2022
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which...
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
11.11.2022
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
10.11.2022
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried....
Helium Network Founder Pledges to Stick with Solana After Bloody Day for SOL
10.11.2022
The wireless hotspot network voted to move to Solana in September
EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time
9.11.2022
The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($BUSD) payouts, and continue...
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
9.11.2022
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
Ethereum Co-Founder Di Iorio Unveils New Project to Bring Blockchain Computers to a Wider Audience
8.11.2022
The Decentral and Jaxx Liberty Founder unveiled the project in Toronto, Canada; Ethereum’s birthplace
Ethereum Co-Founder Makes Big Changes to Roadmap – Here’s What You Need to Know
7.11.2022
Ethereum co-founder Vitalik Buterin has released an update to the Ethereum roadmap, announcing changes aimed to mitigate censorship, block verification, centralization, and other issues.
In a Saturday tweet, the Ethereum mastermind added the Scourge, a new stage to the Ethereum technical roadmap...
Solana’s co-founder addresses the blockchain’s reliability at Breakpoint
7.11.2022
In 2022 the blockchain has suffered from ten partial or full outages along with slow block times and Solana’s co-founder said it’s “not the experience that we want to deliver.”
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors
6.11.2022
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million in bitcoin. SEC Says ‘Trade Coin Club’ Is a Crypto Ponzi Scheme...
Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’
4.11.2022
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K...
The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022
3.11.2022
According to the founder of The Sandbox, the future of the metaverse is in a state of evolution, with both brands and users as important catalysts of growth
'Great cryptocurrencies have to go through several collapses,' says Cardano founder
2.11.2022
According to Charles Hoskinson, projects that have survived both bull and bear markets over the years were “resilient under an adversarial load” — and many DeFi protocols weren't