Former FTX users say the failed crypto exchange was a ‘Ponzi scheme.’ Here’s how those work, and what we know about how Sam Bankman-Fried operated

Until recently, Sam Bankman-Fried, or SBF, was crypto’s golden boy, known for building his cryptocurrency exchange, FTX, into a $32 billion giant in just two years. But the disheveled, left-leaning 30...

SBF Admits Alameda Was Given Special Treatment

SBF News: SBF’s trading company Alameda Research was provided with oversized borrowing limits compared to other FTX clients. He did not specify how large the limits were compared to other clients but ...

Internal Hunter Biden Debate Revealed With Much Hype But No Bombshells

Topline Twitter CEO Elon Musk on Friday released, through an independent journalist, the Twitter Files, a 37-part Twitter thread of internal documents that shows some of the internal debate and reason...

David Gokhshtein Extends Support For DOGE

Yuri Molchan In a recent tweet, the crypto influencer mentioned Dogecoin in a positive context, expressing his support for this meme coin Contents Gokhshtein’s support for DOGE increases? Recent DOGE ...

Bitcoin whales going extinct? addresses with at least 1,000 BTC at 3-year low

The number of Bitcoin addresses holding at least 1,000 BTC — worth nearly $17 million as of press time — reached a three-year low of 2,063 addresses. Dec. 3, 2022 data provided by blockchain analytics...

Nexo Reveals No Exposure to FTX in Recent Proof of Reserves

Following the recent turbulence within the crypto industry in the wake of FTX collapse, every other crypto firm seems to take the lesson. Otherwise what could have bothered these firms, including majo...

Coinbase Premium Index goes green for the first time since FTX collapse

According to the on-chain data and analytics provider, CryptoQuant, the Coinbase Premium Index has turned green for the first time since the fallout of the FTX collapse. As an indicator that shows a s...

Cryptocurrency Era May Be Coming to an End

In an opinion piece in New York Times, crypto skeptic Paul Krugman argued that we might be seeing the end of crypto.  The article “Blockchains, What Are They Good For?” discussed the end of crypto and...

Three Arrows Capital Founders Are Beyond Prosecutors- What Hope For Investors?

Join Our Telegram channel to stay up to date on breaking news coverage Liquidators for bankrupt crypto hedge fund Three Arrows Capital (3AC) have said that its founders have refused to cooperate with ...

XRP traders, here’s why the crypto market may take a while to act in your favor

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion XRP was in a bearish market structure and could dr...

Viral Tea Stall: This Roadside Tea Seller In India Accepts Crypto Payments

You must have seen the tea seller’s on the nook. Those who only have a table with a few utensils. In earlier times, you had to pay some cash to buy tea from them. At present, it is the era of cr...

WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy

Cranfield, England, 3rd December, 2022, Chainwire Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a pr...

Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets – Bitcoin News

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting ...

TRON Upbeat And Registers $1 Billion In Stablecoin Inflow

TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a s...

Truck Delivers First Full Load On A 500-Mile Trip

| Getty Images Key Takeaways An all-electric Tesla Semi completed a 500-mile test run. This test run included an 81,000-pound load. With the test run complete, Tesla’s Semi program will start deliveri...

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3 citing people...

TRX Strokes $1B Stablecoin Inflow, Rather It’s Falling Volumes & Salvage

 Amid market downturns and falling volumes, it soars in stablecoin inflows. Glimpse on the inside image of TRX. At the time of writing, TRX is at the market price of $0.05428.    TRX Plays Good In a m...

Fantom (FTM) To Address These EVM Limitations

Vladislav Sopov Multi-product cryptocurrency ecosystem Balance Capital highlights main points of Fantom VM narrative Contents EVM has important limitations, will Fantom (FTM) fix them? Scalability fir...

Daesung Private Equity Unveils $83.5M Metaverse Fund

The Industrial Bank of Korea and Shinhan Capital are also involved in the fund. This fund is the largest of the sixteen funds managed by Daesung Private Equity. The South Korean VC company Daesung Pri...

Sam Bankman-Fried Concludes Tour, Brett Harrison Seeks Capital

Sam Bankman-Fried (SBF) is on a media tour while the former FTX President plans for a new crypto startup. Is SBF trying to improve his image? The disgraced founder of the FTX exchange has appeared in ...

LBLOCK V1 Eying Above Price Level $0.0001800

Join Our Telegram channel to stay up to date on breaking news coverage Lucky Block V1 price is experiencing the effect of upward forces, and this has pushed its price to near the $0.0001800 mark recen...

Bitcoin Price Analysis: Bulls Eyeing 17791

BTC/USD Bulls Eyeing 17791:  Sally Ho’s Technical Analysis – 4 December 2022 Bitcoin (BTC/USD) sought to retain its recent upside progress early in the Asian session as the pair continued to orbit the...

Solana (SOL) Price Prediction 2025-30: Solana holders needn’t worry in 2023 because…

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Solana (SOL) has been one of the ...

Bitcoin, Ethereum Price Prediction- Reclaimed EMA Assists Market Leaders For Further recovery

Bitcoin, Ethereum price prediction: A minor consolidation in market leaders Bitcoin and Ethereum have created a sense of uncertainty in the crypto market. However, the sideways movement in these coins...

Historic Milestone Reached in This Metric as Whales Accumulate

Tomiwabold Olajide Shiba Inu (SHIB) might be gaining traction toward becoming “safe haven” Shiba Inu has reached a historic milestone in the number of holders who are in it for the long te...

Celsius’s deal with Prime Trust as fraudsters targets clients 

If not understood by an extended bankruptcy, then there are court documents that tell us the whole story of the bankrupt crypto lender Celsius.  A new flaw has been witnessed as the fraudsters imitati...

Sam Bankman-Lies, BitBoy, and Web5

Welcome to the 96th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...

Oryen Network Posts +250% – The Cryptonomist

SPONSORED POST* Within a short time of the presale stage, the unique rebase system known as Oryen Network captured the attention of crypto enthusiasts. The price of its native cryptocurrency, ORY, has...

DOT/USD Is Making a Steady Upside Recovery

Join Our Telegram channel to stay up to date on breaking news coverage Polkadot price is making a smooth and steady recovery to the upside after it fell close to the $5.00 mark. Furthermore, market si...

Dogecoin (DOGE) Price Prediction 2025-2030: Are you shorting DOGE for 2023?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. It’s been three weeks since FTX w...

Will Clients Of Bankrupt Celsius Platform Get Their Funds Back?

Now bankrupt crypto lender Celsius, which managed assets worth around $12 billion earlier in the year, was forced into bankruptcy in July after crypto prices spiraled down, thus causing an industrywid...

QNT Remains Near Multi-Week High, XMR up for Fifth Straight Session – Market Updates Bitcoin News

Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday’s volatile sessio...