Events surrounding the FTX and Binance drama spilled over yesterday. With the demise of FTX, the second largest exchange in the world and one of the supposed flagships of the industry, the crypto mark...
Tag: funds
BitDAO suspects Alameda of dumping BIT tokens, asks for proof of funds
BitDAO (BIT)suspected FTX founder Sam Bankman Fried’s venture capital firm Alameda Research of breaching an agreement made in 2021 and selling its 100 million BIT tokens, causing BIT to plummet. The D...
BitDAO demands proof of funds from Alameda – crypto.news
BitDAO has today inquired about Alameda’s commitment to holding BitDAO (BIT). Ben Zhou, a co-founder of Bybit, said in a tweet that although there has been no evidence of wrongdoing, the BitDAO commun...
BitDAO Asks Alameda For Proof of Funds Amid Sudden BIT Dump
BitDAO may terminate its token swap and hold agreement with quant crypto trading firm Alameda Research. This follows fears that Alameda may have dumped 100 million BIT tokens. BitDAO has asked Alameda...
BitDAO Community Asks Alameda for Proof of Funds After BIT’s Sudden 20% Drop, Threatens to Dump FTT
The community behind BITDAO, which is supported by crypto exchange Bybit, Pantera, billionaire Peter Thiel, and several other funds, asked trading firm Alameda, to prove that they continue to hold 100...
Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds
The hacker who exploited the Deribit exchange’s hot wallet has started moving the stolen funds using the sanctioned cryptocurrency mixer Tornado Cash. According to data from Etherscan, the attacker ha...
Investors Are Abandoning Money Market Funds & Flocking to This, But Should You?
It has been an odd bear market. Ordinarily, during market downturns and volatility, investors seek safe places to put their money. In the way of investment, this is both a reaction to and a cause of s...
Crypto exchange Coinmetro raises funds at $180 million valuation
Crypto exchange Coinmetro has raised 7 million euros ($7 million) in a strategic funding round backed by three angel investors and 100 existing shareholders. The funding round takes Coinmetro...
Is it time to withdraw funds from FTX?
In May 2022, Terra Luna crashed enormously and took over 2 billion dollars from the market. That shakes the whole crypto market, to date the effects of that crash are roaming in the crypto market. Now...
Crypto Exchange Deribit’s Hackers Are Moving Stolen Funds – crypto.news
On Nov. 1, late in the evening (UTC), the crypto derivatives platform Deribit was compromised for $28 million. At 07:00 (UTC) the following day, the firm reported the incident via its official Twitter...
DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools
Texture, the Decentralized Finance (DeFi) platform running on the Solana blockchain, has raised $5 million in a financing round with collaboration from heavyweights in both traditional finance and the...
Higher Rates Hammer Home Buyers—and Make Mortgage REITs Lucrative for Investors
It’s instructive and often amusing to see how the popular media cover economic and financial news. You can get a handle on the public’s sentiment from how they treat those topics, which usually varies...
Circle Has Started Building New Reserve Funds With BlackRock
Circle, the Web3.0 unicorn that is in charge of the issuance and maintenance of the USD Coin (USDC) stablecoin, has revealed it has started building a new and robust reserve fund dubbed the Circle Res...
JPMorgan Hints Prolonged Crypto Winter Amid Decline in VC Funds
2 hours ago | 2 mins read Bitcoin News The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the c...
Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading towards the worst financial crisis sin...
Hackers Drain $28 Million Worth of User Funds on Deribit
This year some of the leading cryptocurrency exchanges have been facing the menace of crypto hacks. In the latest development, crypto exchange Deribit has faced one such hack. The hackers have comprom...
Deribit Hacked, “Funds Are Safe” – Trustnodes
Deribit, one of the biggest bitcoin and ethereum derivatives exchange, has been hacked out of $28 million. “Our hot wallet was hacked for USD 28m earlier this evening just before midnight UTC on 1 Nov...
XRP and BTC Were Only Cryptos to Attract Funds Flows Last Week: Details
Gamza Khanzadaev XRP and Bitcoin outclassing competitors as this report shows, here’s what should be known According to CoinShares’ latest cash flow report, XRP and Bitcoin were the only a...
Team Finance hacker returns $7M of the exploited funds
The perpetrator behind the $14.5 million exploit carried out on DeFi platform Team Finance has started returning his loot, indicating that this was a white hat attack. Team Finance projects get 90% o...
Opinion: Forget the $22,500 limit, some workers can supersize their tax-deferred retirement savings up to $265,000 in 2023
If you really want to rev up your retirement savings and minimize income taxes, the best thing to be is a late-career professional in private practice. When you’re making a lot of money and are close ...
Should You Retire Early to Get a Larger Lump Sum on Your Pension?
The math on when and how to retire is shifting for millions of workers with pension plans. Blame the steep rise in interest rates. When workers retire with a pension, many are given a choice between r...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...
5 Emerging Market ETFs That Limit China Investments
Chinese President Xi Jinping’s unprecedented third term as head of the ruling Communist Party rattled investors who see his stacking of loyalists as less than friendly to markets. Some China-focused e...
Another White Hat Hacker Returns Funds From Platform Exploit
A white hat hacker has returned over $7 million from the $14.5 million that was stolen in the Team Finance attack. A majority of the funds are being transferred to the affected projects. The hacker be...
Singapore Government Wants to Prohibit Retail From Borrowing Funds for Crypto
The instability of prices can cause consumers to incur massive losses Stablecoins must be pegged to the Singapore dollar The government of Singapore has proposed a new set of regulations to protect co...
Opinion: Quality and high dividends set these five semiconductor stocks apart from rivals
It’s been a tough year in the stock market, but reserve some empathy for semiconductor investors. The iShares Semiconductor ETF SOXX, +2.20% is down 40.5% this year, compared with 19.6% for the benchm...