After community backlash received from an initial privacy policy revision on Nov. 23, ConsenSys, the parent company of MetaMask, released a statement to reiterate the intentions of its data collection...
Tag: Claims
Exec claims FTX crisis will show who the ‘survivors’ are
Following FTX’s collapse, the calls for stronger and tighter regulations are certainly getting shriller. At the same time, industry leaders are cautious yet hopeful about the future of the crypto-indu...
U.S. Jobless Claims Touch 240,000 As Labor Market Cools
Applications for unemployment benefits in the United States reached a three-month high last week, which is a sign that the labor market is beginning to loosen its grip after a wave of layoffs at techn...
Crypto Market Reacts Positively to U.S. Jobless Claims Increase
9 hours ago | 2 mins read Bitcoin News The number of Americans filing for unemployment benefits increased by 17,000 to 240,000. Ethereum rose 4% in the last 24 hours as per CMC. In the United States, ...
U.S Court Set Deadline For Celsius Users and Customers To File Proofs of Claims
Celsius was among the top five crypto lenders globally that filed for bankruptcy in July. The next hearing of the Celsius case will be in the first week of December 2023. Celsius Network filed its b...
InsurAce to pay out on FTX claims, launches crypto deposit insurance to protect CEX users – SlateCast #35
DeFi insurance platform InsurAce is launching a new crypto deposit insurance program titled ‘Crypto Deposit Insurance Scheme’ (CDIS.) The product is hitting the market partly in response to the issues...
Binance CEO “CZ” Bullish On Crypto Industry, Claims Stronger Recovery
Binance CEO Changpeng “CZ” Zhao on Wednesday admitted that the collapse of FTX “set the industry back a few years.” However, he remains bullish on the crypto market and claims the industry will recove...
FTX Lawyer Claims Substantial Assets Stolen or Missing During Hearing
10 seconds ago | 2 mins read Exchange News The attorney indicated that the FTX collapse occurred extremely suddenly. Bromley said that there are still around 260 people working at the crypto exchange....
Genesis still consistently inconsistent amid bankruptcy claims
Crypto brokerage Genesis, part of Barry Silbert’s Digital Currency Group (DCG), has warned that if it doesn’t hit target in a fresh funding round, it may go bankrupt. Genesis initially sought a whoppi...
Investor Allowed FTX Scam Grow, Claims Ripple CTO
The crypto market is still struggling to recover from the recent FTX collapse. However, David Schwartz, Ripple CTO has drawn some key learnings from the FTX fiasco. Earlier, Ripple CTO called Sam Bank...
Celsius Customers Have Until January to File Claims in Bankruptcy Proceedings
The U.S. Bankruptcy Court of the Southern District of New York has approved a request by bankrupt crypto lender Celsius to set a deadline for its customers to submit proofs of claim in the ongoing ban...
Were FTX and SBF Massive Profit Claims Fact or Fiction?
Before the epic fall of his crypto empire, FTX CEO Sam Bankman-Fried (SBF) boasted about massive profits. However, new findings reveal that his companies may have lost big bucks. According to a motion...
Bankruptcy Court Sets Deadline for Celsius Users to File Claims
The US Bankruptcy Court of the Southern District of New York approved crypto lender Celsius’ motion for a deadline for customers to file a claim. January 3rd, 2023, has been set as the last date for c...
Celsius’ Request Approved For Claims Submission Deadline
Defi News Celsius states that its claims representative, Stretto, would contact affected consumers. Also, the Celsius app will send a notice to users. Insolvent crypto lender Celsius has been granted ...
Collapsed Celsius Sets January 3 as Deadline for Filing Claims Following Court Ruling ⋆ ZyCrypto
Advertisement     The bankrupt crypto lender filed for Chapter 11 bankruptcy protection in July. Interim reports show insufficient accounting controls caused the liqui...
This Major Investor Claims Crypto Is Here To Stay
The FTX meltdown has sent chills down the crypto space, with everyone walking on eggshells fearing possible contagion across the industry. The terror escalated as the embattled crypto exchange filed f...
Celsius Customers Need to File Claims by January 3 in Bankruptcy Case
Celsius explained that customers who agree to the company’s scheduling of the claims do not need to submit a proof of claim. In the latest development with Celsius Network, a bankruptcy court has set ...
Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump Claims – Altcoins Bitcoin News
The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt pric...
Court sets Jan. 3 deadline for Celsius customers to file claims in bankruptcy case
The deadline for Celsius customers to file a claim in the company’s bankruptcy case is Jan. 3, 2023. The bankruptcy court handling Celsius’s case set Jan. 3 as the bar date, the last day credito...
Epic lawsuit claims Google paid Activision Blizzard $360 million to prevent Play Store rival
Google paid Activision Blizzard approximately $360 million to prevent the troubled publisher from competing directly against the Play Store. The deal was one among at least 24 agreements the search gi...
Most of FTX Subsidiaries Are Solvent, Claims John J. Ray II
FTX CEO Mr. John J. Ray, III releases a strategic review report on their global assets. After filing for Chapter 11 bankruptcy, FTX attempts to optimize reclaimable value for stakeholders. As per the...
FTX names Kroll as claims agent, to update users on bankruptcy developments
Bankrupt crypto exchange FTX has appointed restructuring administration firm Kroll as its agent to track all claims against FTX and ensure interested parties are notified of developments throughout it...
Trump Organization CFO Weisselberg chokes up on witness stand, claims his ‘personal greed’ drove $1.7 million tax-avoidance scheme
NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family’s trust by scheming to dodge taxes on $1.7 million in company-paid pe...
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy – Bitcoin News
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive...
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 ...
Crypto Market, A Threat To Global Finance, Claims FSB Officials
Crypto Live News Author: Delma Wilson Nov 17, 2022 18:04 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
Nexo allays customers’ fears as FTX’s death spiral claims more victims – crypto.news
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announ...
‘We got overconfident and careless,’ claims $13B leverage
Former FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse, claiming it wasn’t $5 billion but closer to $13 billion. In a Nov. 16 Twi...
SBF Won’t Stop Tweeting, Now Claims FTX US ‘Had Enough to Repay All Customers’
Despite the collapse of FTX, the exchange’s ex-CEO Sam Bankman-Fried continues to tweet. Today on Twitter the embattled businessman asserted that FTX US had enough to “repay all customers”—at least as...
This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t reco...
3AC hunted by FTX, Alameda, founder claims. Sam Bankman-Fried disagrees.
Three Arrows Capital co-founder Kyle Davies said that “FTX, Alameda colluded to trade against clients” and “hunted” his company. “As their biggest client, we, 3AC, were hunted ...
Sam Bankman-Fried Continues Cryptic Twitter Thread, Claims FTX US ‘Had Enough To Repay All Customers’
The founder of bankrupt crypto exchange FTX says that he’s trying to find a way to make his former customers whole. In a lengthy cryptic thread on Twitter, Sam Bankman-Fried says that he thought that ...