The FTX and Alameda debacle is in the fourth month after the entities filed for chapter 11 bankruptcy protection. FTX, under current CEO John J. Ray III, has tried to recover as many assets as possibl...
Tag: Redemption
Circle Partners with Cross River Bank for USDC Production and Redemption
Circle, a leading global crypto finance company, has announced that it has partnered with Cross River Bank for producing and redeeming USD Coin (USDC), its flagship stablecoin pegged to the US dollar....
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Gr...
Redemption of crypto Solana, Cronos (CRO)
Solana (SOL) and Cronos (CRO) shape up to ride the bull run on the crypto market in the near future. Analysis of Solana and Cronos crypto assets Solana (SOL) and Cronos (CRO) are among the most intere...
USDT trading volumes rise 35% amid BUSD redemption requests
Tether (USDT) trading volumes are up by over 70% less than 12 hours after Paxos, the issuer of BUSD, a competing stablecoin, was directed to stop minting new coins. USDT trading volumes rising Accordi...
Unrest in the Stablecoin market: $2B + USDC Redemption in 30 days
USDC circulation dropped by 4.9% while Tether’s circulation increased by 3%. The Stablecoin economy accounts for 12.9% of the total crypto economy. Eight out of every 10 trades are conducted using st...
SBF Wished to Be “Andy” of “The Shawshank Redemption” While at Fox Hill, Bahamas
The former crypto white knight was arrested for mishandling of users’ funds and other charges by the Bahamian police on December 13, 2023, and was held at the notorious Fox Hill prison. Sam knew he wo...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days – Altcoins Bitcoin News
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating s...
Satisfaction, Relief And Redemption Highlight Press Conferences For Rafael Devers, Carlos Correa And Brandon Belt
FILE – Boston Red Sox’s Rafael Devers watches his RBI-single against the Tampa Bay Rays during the … [+] third inning of a baseball game Monday, Sept. 5, 2022, in St. Petersburg, Fla...
SBF Seeks A Chance At Redemption To Repay FTX Victims
The crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high, with famous...
Bitcoin: This sudden increase could mean redemption for BTC but…
CryptoQuant analyst suggests a possible reversal as UTXO volume hits sudden increase Historical data indicated that the reversal might take some time in the face of potential decrease Bitcoin’s [BTC]...
Blackstone’s $69 Billion Real Estate Fund Hits Redemption Limit
(Bloomberg) — Blackstone Inc.’s $69 billion real estate fund for wealthy individuals said it will limit redemption requests, one of the most dramatic signs of a pullback at a top profit driver f...
Adrien Rabiot’s Redemption Tour Continues As France Beat Australia
Adrien Rabiot celebrates his goal against Australia. dpa/picture alliance via Getty Images Having watched him struggle for the better part of three years, it was really no surprise that Juventus tried...
Gemini falters on EARN redemption requests due to partner’s suspended withdrawals – crypto.news
U.S leading crypto exchange, Gemini, says redemption of EARN products is being delayed after its partner in the product, Genesis Global, paused withdrawals on its borrowing platform amid the crypto li...
Wintermute CEO tells 3AC co-founder to ‘stay wiped out’ amid ‘redemption’ attempt
Wintermute CEO Evgeny Gaevoy said Three Arrows Capital co-founder Su Zhu should “stay wiped out” and not attempt to use the current market situation for his “redemption.” Man really, SBF being a bigge...
Cramer’s lightning round includes a fintech ‘on the road to redemption’
PayPal (PYPL): “PayPal did very well today. They are already on the road to redemption.” MicroVision (MVIS): “It’s a $3 stock. It’s a dice roll. It could go down $3. Stoc...
BitKeep unveils redemption portal for victims of Swap hack
Bitkeep, a leading multi-chain crypto wallet, has unveiled a redemption website for victims of its recent exploitation. The project issued the update in an Oct. 21 blog post. You may know that BitKee...
Mighty India Make Wobbly Start In Road Towards Cricket T20 World Cup Redemption
India are eyeing T20 World Cup redemption in Australia. (Photo by Pankaj Nangia/Gallo Images/Getty … [+] Images) Getty Images Amid the hangover of the Australian rules football season, undispute...
DigiFT and Diners Club complete redemption of the first regulatory-compliant corporate note security token
– Advertisement – Singapore, Singapore, 12th September, 2022, Chainwire In an industry first, Diners Club’s corporate note was tokenized and issued with an Automatic Market Maker liquidity...
DigiFT and Diners Club complete redemption of the first regulator…
Singapore, Singapore, 12th September, 2022, Chainwire In an industry first, Diners Club’s corporate note was tokenized and issued with an Automatic Market Maker liquidity pool on DigiFT Security Token...
How these Solana [SOL] collaborations led to a >$1B redemption- What next
After some days of abysmal performance, Solana [SOL] rode its horse back to a $1 billion trading volume. Regarded as one of the fastest growing ecosystems in the crypto space, SOL lost grip of the $1 ...
Porsche Family Seeks Redemption With IPO After Tearful Defeat
(Bloomberg) — More than a decade after the billionaire Porsche clan waved goodbye to their crown jewel, the family is set to claw back more direct influence over the sports-car maker as parent V...
Tribe DAO proposes a $157 million redemption for token holders, Rari hack victims
Tribe DAO is moving to close its doors and has outlined a multi-million dollar redemption plan that will see it distribute crypto assets to token holders as well as those impacted by the $80 million R...
TRIBE DAO Proposes $157 Million Redemption for Rari Hack Victims
Prologue – The Rari Hack In may 2022, two crypto lending organizations were attacked by hackers stealing approximately 90 Million USD. One of the two companies was Rari Capital which was attacked via ...
Voyager Customers Can Now Withdraw Assets as FTX Provides Redemption
Leading American cryptocurrency exchange FTX announced a joint proposal with venture capital firm Alameda Ventures Ltd and West Realm Shires Inc., operator of the FTX U.S., to offer early liquidity to...
Japan passes stablecoin bill ensuring redemption at face value, Bloomberg says
Japan’s parliament introduced a legal framework for stablecoins guaranteeing that they are linked to the yen or another fiat currency and that holders have the right to redeem them at face value, Bloo...
Monero [XMR], Solana [SOL], and their redemption journey post 16 May
Unlike Crypto OGs, newbies and paper hands in the crypto space are not familiar with the popular saying “with hardship comes ease”. With FUD at an all-time high last week following crypto markets cor...
The Phoenix Suns Are Seeking Redemption And Dominating Along The Way
Phoenix Suns guards Chris Paul (3) and Devin Booker (1) laugh on the court during the second half of … [+] the team’s NBA basketball game against the Milwaukee Bucks on Thursday, Feb. 10, ...
China Evergrande Wants To Delay Early Redemption Of $700 Million Onshore Bonds
Aerial view of buildings on Ocean Flower Island, or Haihua Island, an artificial archipelago built … [+] by the Evergrande Group, on November 29, 2021 in Danzhou, Hainan Province of China. Zhu B...