The cryptocurrency community is scuttling with the anticipation of a bull run. Traders are seeking coins, which might make them profit by trading cryptos. BudBlockz is one coin that has grabbed the in...
Tag: Assets
FTX Launches Strategic Review of Assets as Hacker Dumps ETH
Bankrupt FTX has launched a strategic review of all its assets to see how they can be recovered for maximum value for its stakeholders’ benefit. A Nov. 19 press statement from the bankrupt crypto exch...
$500 Million Hack Against FTX Turns Out to Be Bahamas’ Regulator Seizing Assets
The cryptocurrency industry saw the spectacular collapse of one of its giants earlier this month, which ultimately resulted in FTX filing for Chapter 11 bankruptcy. Shortly after, though, there were s...
Bankrupt crypto exchange FTX begins strategic review of global assets
As part of the recent bankruptcy filing, the defunct crypto exchange FTX, along with 101 of the 130 affiliated companies, announced the launch of a strategic review of their global assets. The review ...
Ripple Intends to Buy FTX’s Assets
Alex Dovbnya The San Francisco-based company is considering purchasing the assets of the failed FTX exchange San Francisco-headquartered cryptocurrency company Ripple is interested in purchasing the a...
South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder – Bitcoin News
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly p...
Bankrupt FTX Considers Selling Its Assets
John Ray, the chief restructuring officer and new CEO of fallen cryptocurrency exchange FTX, is wasting no time. Eight days after being named head of the restructuring of Sam Bankman-Fried’s emp...
Ripple to consider deals for FTX assets: Brad Garlinghouse
Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. On the sidelines of Ripple’s Swell conference in London — was held on Nov. 16 and 17 — G...
Decentralization index from Cardano builder, U of Edinburgh will help users understand assets
The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service ...
Peter Schiff predicted the 2008 financial crash — now he sees the total destruction of digital currencies very soon. Here are 3 assets he likes instead
‘This is crypto extinction’: Peter Schiff predicted the 2008 financial crash — now he sees the total destruction of digital currencies very soon. Here are 3 assets he likes instead With the massive pu...
BMO Investment Chief Says Big Markdown Is Coming in Private Assets
(Bloomberg) — Private equity firms and pension funds will soon face a reckoning as they adjust their private holdings to reflect lower valuations, according to the chief investment officer of BM...
FTX begins reviewing its assets as part of bankruptcy process
FTX has begun a review of its global assets as part of the crypto exchange’s Chapter 11 bankruptcy protection proceedings with New York-based financial services firm Perella Weinberg Partners L.P. (PW...
Banks still show interest in digital assets and DeFi amid market chaos
The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks are showing interest in digital assets and decentralized finance (DeFi). This year in partic...
FTX Bankruptcy Jurisdiction Fight: Bahamas Regulators Now Confirm They Directed SBF to Move Assets
At least some of the millions of dollars in FTX customer funds mysteriously moved off the exchange last week were moved at the direction of regulators in the Bahamas. That assertion was made in a new ...
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Securities Commission of the Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. In a Nov. 17...
New FTX management indicates SBF transferred assets to Bahamas post Bankruptcy
FTX filed for bankruptcy on November 11th. It is headquartered in the Bahamas and registered elsewhere. FTX’s new CEO has experience in restructuring such companies. In an emergency court filing, inso...
Crypto-Friendly New York City Mayor Eric Adams Still Supports Digital Assets Despite FTX Implosion: Report
New York City mayor Eric Adams’ stance on crypto is reportedly undeterred by the recent collapse of the FTX exchange. Adams has converted his first three paychecks into Bitcoin (BTC) and Ethereum (ETH...
Did The Bahamas’ Securities Commission Take Control of FTX’s Assets? They Did
The Bahamas struck first and struck hard. Yesterday, there were rumors going around that their government was pressuring Sam Bankman-Fried to give them control of FTX’s assets. What sounded like a biz...
Bahamas Regulators Now Confirm They Directed SBF to Move Assets
At least some of the millions of dollars in FTX customer funds mysteriously moved off the exchange last week were moved at the direction of regulators in the Bahamas. That assertion was made in a new ...
Bahamian Regulators Assume Control of FTX’s Assets
The Securities Commission of The Bahamas announced on Thursday that it directed that all digital assets of FTX Digital Markets Ltd (FDM) be transferred to a digital wallet controlled by the Commission...
Bankrupt Compute North Sells $1.55M in Assets to Flared-Gas Bitcoin Miner
Compute North, the bankrupt operator of crypto-mining data centers, has sold some of its assets to green Bitcoin mining business Crusoe Energy. The sale of its container assets will generate just unde...
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market – Blockchain Bitcoin News
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage ...
Bahamas watchdog ordered FTX to send digital assets to its wallet
The Securities Commission of Bahamas revealed on Nov. 18 that it directed FTX to transfer digital assets under its control to the Commission’s wallet on Nov. 12. Securities Commission of The Bahamas A...
Insolvent Compute North Sells $1.55M Worth Assets to Rival
11 hours ago | 2 mins read Bitcoin News Compute North has sold part of its assets to Bitcoin mining company Crusoe Energy. Crusoe Energy in Colorado utilizes gas emissions to fuel cryptocurrency minin...
Bahamas seized FTX Digital Markets’ assets on Nov. 12, regulator now says
The Securities Commission of the Bahamas on Nov. 12 transferred FTX Digital Markets’ assets to a digital wallet it controls, the regulator said on Twitter Nov. 17, further complicating a legal s...
Grayscale claims commerce is continuing as normal with its assets – crypto.news
Following Genesis Global Capital’s withdrawal freeze, Grayscale stated that its products are functioning “business as usual” and that “recent events” have not influenced operations. Grayscale said it ...
Sony Files Patent for Tracking In-Game Digital Assets With NFTs
Newly published documents reveal that global entertainment giant Sony applied for a patent in 2021 for a system that tracks digital assets in video games using blockchain technology—specifically NFTs....
Uniglo.io Token Has Assigned Value With Assets, DeFi Like Uniswap And Pancakeswap Have No Price Protection
Today, the prices of assets are based on speculation and have no relation to their underlying value. This has led to a volatile and unpredictable market where prices can drop suddenly and unexpectedly...
Silvergate Provides Mid-Quarter Update and Announces Participation in Oppenheimer’s 5th Blockchain & Digital Assets Summit
LA JOLLA, Calif.–(BUSINESS WIRE)–Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset i...
Bankrupt Compute North selling $1.55 million in assets to Crusoe
Bitcoin mining hosting provider Compute North is selling 11 containers for around $1.55 million to Crusoe Energy Systems. The U.S. Bankruptcy Court in the Southern District of Texas, Houston Div...
Proton DEX Revolutionizes DeFi With True Decentralization That Gives Customers Control Of Digital Assets At All Times
Cutting out the middleman of centralized exchanges, Proton DEX provides DeFi users with enhanced digital asset trading capabilities in a non-custodial environment SAN FRANCISCO–(BUSINESS WIRE)–Metalli...