Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the past seven days. New data from on-chain analytics ...
Tag: Billion
Huobi reports on asset transparency, totals $3.5 billion in hot and cold wallets
Huobi disclosed balance details of its hot and cold wallets, revealing a total value of about $3.5 billion. The Seychelles-based crypto exchange said it holds 32,000 bitcoins, 274,000 ether, 820...
Paul Allen’s fine art collection just sold for a record-breaking $1.5 billion — here are 2 other ‘real’ assets that made these Microsoft billionaires even richer
Paul Allen’s fine art collection just sold for a record-breaking $1.5 billion — here are 2 other ‘real’ assets that made these Microsoft billionaires even richer 2022 has been a disa...
Ripple Helps Move Almost Billion XRP As Price Begins to Recover
Yuri Molchan A close to billion XRP has been moved by Ripple and anonymous whales to exchanges Contents 810 million XRP on the move, Ripple takes active part XRP begins recovering after series of majo...
Elon Musk Explains Why He Rejected FTX Founder’s $3 Billion Offer to Buy Twitter
Yuri Molchan The centibillionaire has revealed why he turned down the offer of Sam Bankman-Fried earlier this year Contents “He set off by BS detector” FTX gets hacked, funds leaving for anon wallet @...
Over $1 Billion of Customer Funds Missing From FTX Records
9 seconds ago | 2 mins read Exchange News FTX had moved about $10 billion to Alameda Research. Bankman-Fried utilized a “backdoor” in FTX’s accounting system as per sources. At least $1 billion in cus...
FTX had only $900 million in liquid assets backing $9 billion in debt: FT
FTX had only $900 million in liquid assets against $8.9 billion in liabilities on the eve of bankruptcy, the Financial Times reports. Citing investment materials, the report noted that the large...
Elon Musk Rejected FTX CEO’s $3 Billion Twitter Investment Offer
Crypto Live News Michael Grimes, who was earlier known with an account name of Musk’s banker, has shared a conversation between Elon Musk and Sam Bankman-Fried. As per the conversation, Bankman-Fried ...
More Than $1 Billion Customer Funds Goes Missing From FTX
Crypto Live News Reuters news media has claimed that nearly $1 billion client deposits are missing from the insolvent FTX exchange. Sources from FTX stated that the firm’s CEO, Sam Bankman-Fried has s...
FTX Hacker Swaps 400 Billion Shiba Inu To Ethereum
400B Shiba Inu from Hacked FTX Funds Swapped to Ethereum (ETH). An address labeled as “FTX Accounts Drainer” appears to have recently converted a whopping 400B SHIB ($3.9M) from the hacked...
SBF Just Extorted Justin Sun for a Billion Dollars – Says Popular Youtuber Ben Armstrong
According to a Reuters report, Justin Sun promised to provide the troubled company with billions of dollars in aid in order to help it solve its rising difficulties. The impact of Justin Sun’s interve...
MicroStrategy Reportedly Loses $1.8 Billion as Crypto Prices Plummet
MicroStrategy Inc, the largest corporate holder of Bitcoin, is reportedly sitting on $1.8 billion in unrealized losses from its purchases. The Tysons Corner, Virginia-based software company and its su...
3rd Biggest Dogecoin Whale Moves Billions of DOGE as Anon Wallets Shift 5 Billion
Yuri Molchan Staggering amounts of Dogecoin are being moved today as whales are becoming more active with DOGE Disclaimer: The opinion expressed here is not investment advice – it is provided for info...
SBF’s $16 billion fortune is gone, Bloomberg’s Billionaires Index shows
Sam Bankman-Fried, the former CEO of now-bankrupt FTX and a former billionaire, saw his net worth wiped out over the past 24 hours after it fell $861 million, a decline of 100%, according to Bloomberg...
FTX CEO Seeks Rescue Package Worth up to $9.4 Billion
As FTX tries to survive a difficult time, CEO Sam Bankman-Fried is seeking to raise a rescue package of up to $9.4 million to help the situation. This came after Binance pulled out from the deal to ac...
Crypto Market Lost $200 Billion Due to FTX Collapse, No Recovery Signs
FTT is down nearly 93% from its August highs due to the FTX exchange crisis. Buyers try to hold off the sale, thus it is up 6% in the last 24 hours. The FTX price stops at its March 2020 lows, near th...
Binance raises SAFU to $ 1 billion
Binance’s official blog reads: the Secure Asset Fund for Users (SAFU) has been increased to $1 billion, according to the latest statements. The SAFU is an emergency insurance fund established in 2018...
SBF Seeks $9.4 Billion Rescue Package for FTX
In recent news, Sam Bankman-Fried is attempting to put together a rescue plan of up to $9.4 billion for his struggling cryptocurrency exchange, FTX. SBF Reaches Out To Industry Stalwarts Bankman-Fried...
Bankman-Fried’s Assets Plummet From $16 Billion to Zero in Days
(Bloomberg) — The entire $16 billion fortune of FTX co-founder Sam Bankman-Fried has now been wiped out, one of history’s greatest-ever destructions of wealth. Most Read from Bloomberg The downf...
FTX Looks to Raise $9.4 Billion in a Rescue Effort
According to reports by Reuters, FTX is exploring every possible avenue to raise about $9.4 billion from its investors and rivals as customers rush to withdraw their funds. FTX CEO Sam Bankman-Fried i...
Judge Freezes Alex Jones’ Assets As He Faces Over $1 Billion In Damages For Spreading Sandy Hook Conspiracy Theories
Topline A Connecticut judge has temporarily frozen conspiracy theorist Alex Jones’ assets after concerns were raised that he was “looting” his estate and hiding some of the $965 million in damages he ...
Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record
(Bloomberg) — Apple Inc.’s surge Thursday was one for the record books. Most Read from Bloomberg The world’s most valuable company added $190.9 billion in market value, the most ever by a US-lis...
Binance’s Total market Value Accounts Nearly $69 Billion
Crypto Live News Binance, the leading crypto exchange recently called off its partnership deal with bankrupt FTX after the firm learnt that FTX has mishandled its customer funds and alleged US agency’...
Was the Secret Transfer of $4 Billion to Alameda, FTX’s Undoing?
The liquidity crunch facing FTX might have emanated from Sam Bankman-Fried, the crypto exchange’s CEO, secretly transferring at least $4 billion to boost Alameda, with part of the funds being cu...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors – Bitcoin News
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 c...
FTX’s Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters
Beleaguered crypto exchange FTX is seeking to raise more than $9 billion to plug a financial shortfall, according to Reuters. CEO Sam Bankman-Fried is looking to draw funds from numerous sources...
U.S. Post Office swings to $56 billion profit in latest year due to benefit from PSRA enactment
The U.S. Postal Service recorded a fiscal 2022 net profit of $56.0 billion, after a loss of $4.9 billion in the same period a year ago, due primarily to a one-time benefit of $57.0 billion recorded fo...
FTX CEO Reportedly Moved $4 Billion To Struggling Alameda Research
5 hours ago | 2 mins read Exchange News A significant percentage of Alameda’s $14.6 billion assets were held in FTT. Nearly 94% of SBF’s wealth was destroyed in less than three days. According to a Re...
‘I’m sorry, I f****d up.’ Sam Bankman-Fried needs $4 billion. Fast
Sam Bankman-Fried is on a race to secure $4 billion to save FTX, after rival Binance ditched its 11th-hour bid to buy the collapsing crypto exchange. Bankman-Fried reportedly told investors on Wednesd...
Microsoft co-founder Paul Allen’s art collection sells for $1.6 billion
Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the es...
Tesla Stock ‘Tarnished’ By Musk’s Twitter Antics—’Very Nervous’ Months Ahead After $650 Billion Crash, Analyst Warns
Topline Though the stock market rallied on Thursday after a better-than-expected inflation report, one formerly bullish Tesla analyst has soured on the stock during its recent plunge, blaming CEO Elon...