Alexey Pertsev, the creator of the crypto mixer Tornado Cash, will be detained in a Dutch jail for another three months, Pertsev’s wife Ksenia Malik confirmed. Dutch authorities arrested P...
Tag: Cash
Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
In this photo illustration, a bitcoin logo seen displayed on a smartphone with a FTX logo on the background. Avishek Das | Lightrocket | Getty Images FTX’s vast web of entities had a total of a...
Lawmakers weigh what to do with Sam Bankman-Fried’s political cash after FTX’s collapse
FTX executives made a splash during the 2022 midterm cycle, spending millions on political donations and funding for their super PACs But after the exchange filed for bankruptcy protection, som...
U.S.-listed Eqonex latest crypto firm to seek court protection after cash crunch
Nasdaq-listed Eqonex Group has filed for judicial management with the Singapore high court after failing to plug a short-term funding gap, the firm said in a statement to shareholders. The cour...
FTX Group’s Total Cash Balance Tallies at $1.24B: Bankruptcy Filing Shows
Bankrupt crypto exchange FTX and its affiliates had a total cash balance of $1.24 billion as of November 20, as per its bankruptcy filing. Sam Bankman-Fried’s crypto empire collapsed into chaotic bank...
These stocks are burning cash fast and might need to raise capital soon, Goldman Sachs flags
Equity strategists at Goldman Sachs GS, +0.27% point out the cost of money is no longer next to nothing. The weighted average cost of capital for U.S. companies has gone from near the lowest level in ...
FTX Group has cash balance of $1.24 billion, new bankruptcy filing shows
FTX Group, which filed for Chapter 11 bankruptcy protection on Nov. 11, has a combined cash balance of $1.24 billion, according to a new court filing. The filing, submitted late Monday by FTX Gr...
Sam Bankman-Fried’s Crumbling FTX Empire Holds $1.2B Cash Reserves
About $751 million of that is held in debtor entities and the rest, $488 million, is in non-debtor entities, according to the document, filed on Monday by FTX’s proposed financial advisor, Alvar...
Country in The Caribbean Will Make Bitcoin Cash Legal Tender in 2023
It seems like a Country in the Caribbean is following the footsteps of El Salvador. It is known that in 2021, El Salvador became the first country to accept Bitcoin as legal tender and allow consumers...
FTX hacker converts ETH into BTC as they attempt to cash loot
FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out s...
St.Kitts and Nevis Plans To Adopt Bitcoin Cash as Legal Tender
11 seconds ago | 2 mins read Blockchain News Prime Minister Terrance Drew on November 12 during the Bitcoin Cash 2022 conference. A fork occurred in the Bitcoin network in 2017, producing Bitcoin Cash...
Saint Kitts and Nevis to Make Bitcoin Cash Legal Tender in 2023
The island country located in the Caribbean region – Saint Kitts and Nevis – plans to turn Bitcoin Cash (BCH) into an official payment method inside its borders by March next year. The announcement po...
Funding wrap: TRM Labs, Ramp, Notifi get new cash infusions
November has been a turbulent month in the cryptocurrency space. There have, however, been some notable fundraising deals as the industry continues to build during crypto winter. Most significantly, T...
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022 In an extensive talk with Decrypt’s Dan Roberts at Camp Decrypt in Napa CA in October, Edward Snow...
Bitcoin Cash legal in Saint Kitts and Nevis?
Saint Kitts and Nevis, an island state in Central America, is considering making Bitcoin Cash legal by March 2023. The good news comes from the Bitcoin Cash 2022 Conference held last Nov. 12 and 13, ...
How to Convert Ethereum into Cash
How do I convert Ethereum into Cash? Here is how you convert Ethereum into cash and spend it locally. Suppose you’ve been tirelessly adding to your Ethereum assets and watching your portfolio grow bu...
Bitcoin Cash (BCH) On Downward Motion Since Breaching $105
There has been significant sideways fluctuation in the price of bitcoin recently, and it is currently trading in the $16,541 area. However, Bitcoin Cash, a spinoff of BTC, has seen its value drop afte...
Snowfall Protocol enters the DeFi market, giving Lido DAO and Bitcoin Cash a run for their Money!
Snowfall Protocol (SNW) has recently made its debut in the DeFi space and has since been grabbing eyeballs for its incredible performance. Analysts and investors have now started questioning whether ...
Bitcoin Cash Analysis: Bulls Aim Upside Break Above $110
Bitcoin cash is attempting a fresh increase from the $88 zone against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours). There was a break above a ...
Bitcoin Cash Is in a Range-Bound Move Between Levels $87 and $109
Nov 17, 2022 at 12:08 // Price The price of Bitcoin Cash (BCH) is in a downtrend after falling to a low of $87 on November 9. The current support held last week as the altcoin resumed its upward corre...
Bitcoin Cash: Why a small move upward could offer a BCH shorting opportunity
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure was bearish for BCH on higher...
This country to adopt Bitcoin Cash as legal tender in the next year
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Sam Bankman-Fried continues bizarre Twitter rambling, says FTX US had cash needed to repay clients
If former FTX CEO Sam Bankman-Fried had designs on repairing his reputation as a responsible steward of a once multi-billionaire-dollar crypto empire, he’s certainly complicating matters. Bankma...
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with ...
You Can Now Pay in Bitcoin Cash in This Caribbean Paradise
Join Our Telegram channel to stay up to date on breaking news coverage The Prime Minister of the dual island of St. Kitts and Nevis, Terrance Micheal Drew, has announced that the country will start ac...
Sam Bankman-Fried tried to raise fresh cash over the weekend: WSJ
Former FTX CEO Sam Bankman-Fried thinks that he can raise enough cash to make users whole and spent the past weekend with a few remaining employees seeking commitments from investors, the Wall Street ...
US Politicians Donate Bankman-Fried Cash to Charity
Disgraced FTX founder and former crypto billionaire Sam Bankman-Fried was a prolific donor to US politicians. Now, his beneficiaries are grappling with the realities of accepting his money. Bankman-Fr...
Saint Kitts and to propose Bitcoin Cash (BCH) as a legal tender
After El Salvador, Saint Kitts and Nevis plans to adopt Bitcoin Cash (BCH) as a legal tender. In a conference, the prime minister and finance minister of the nation, Terrance Drew, unveiled their plan...
Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023
The Caribbean nation of St. Kitts and Nevis may declare Bitcoin Cash (BCH) legal tender by March 2023. Prime Minister Terrance Drew made that announcement while he spoke at the Bitcoin Cash 2022 confe...
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
In the same quarter, TeraWulf significantly increased its hashrate, or computing power, and energy capacity that could be used for deploying mining machines. About 50 megawatts (MW) of power were brou...