Ad Leading crypto exchange Coinbase disclosed it lost around $240 million in Signature Bank shut-down on Mar. 12. Paxos and Celsius also announced they lost money in the Sunday Signature Bank shutdown...
Tag: 240M
Coinbase Reveals $240M Exposure to Closed Signature Bank
Exchange News Paxos disclosed a $250 million holding at Signature Bank. Coinbase said that it anticipates a complete recovery of the monies. Many cryptocurrency firms announced on Twitter if they were...
Justin Sun stakes ETH worth $240m on Lido
Justin Sun, the founder of Tron, has staked millions of dollars in Ethereum (ETH) on the liquid staking site Lido Finance in anticipation of the eagerly anticipated Ethereum Shanghai upgrade in March....
EminiFX CEO Pleads Guilty to $240M Scheme to Defraud Investors
The CEO of a crypto and forex platform pleads guilty to a $248M fraud scheme. EminiFX CEO is facing as much as ten years behind bars for his part in the fraudulent enterprise. According to a press rel...
Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts
Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data f...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M – Bitcoin News
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of...
BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M
FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lending ...
BlockFi Clears Up Rumors, FTX Will Have $240M Buy Option
Crypto lending platform BlockFi addressed the rumors of a potential purchase from major crypto exchange platform FTX. Initially reported by U.S. news outlet CNBC, the company was allegedly being bough...
BlockFi Will Be Acquired by FTX.US for Up to $240M
Share this article BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has agreed to an acquisition deal with FTX.US. (Long thread!) ...
Crypto Shorts See $240M Flush As Bitcoin Rebounds Back Above $30k
Data shows the crypto futures market has taken a $380 million beating over the past day as Bitcoin has rebounded above $30k. Out of this amount, $240 million liquidations have belonged to short trader...
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform Labs, Do Kwon’s, rescue plan for UST. The thread...