Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, accordi...
Tag: report
New York sued by environmental group after approval of crypto mining facility: Report
The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state. According to The Guardian, the ...
MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries
The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in four low- and middle-income countries — India,...
Here’s What We Know About The Investigation So Far
Topline More classified documents were found this week at President Joe Biden’s personal residence in Wilmington, Delaware, his attorney announced on Saturday, as a special counsel investigates the mi...
MIT issues CBDC report after extensive research
A group of researchers under the Digital Currency Initiative (DCI) of the Massachusetts Institute of Technology (MIT) have come up with a detailed report on the inclusivity of the retail central bank ...
These Are Some Of The Most Famous Ukrainian Works Of Art Looted By Russia
Topline Russian forces have stolen thousands of pieces of Ukrainian artwork and damaged hundreds of cultural sites since the beginning of the Kremlin’s invasion nearly 11 months ago, including ancient...
Alameda lost $1 million in liquidations: report
Troubled crypto trading firm Alameda Research lost over $1 million in assets from liquidation last night, according to a report from the crypto intelligence firm Arkham. The account initially he...
In Search of Cash, DCG Looks to $500M Venture Capital Portfolio: Report
Digital Currency Group (DCG) is reportedly looking to sell some of its venture capital holdings to raise capital after affiliate Genesis was among those who took a major hit during last year’s market ...
XRP up 28% in Trading Volume Amid Major Inflation Report
Gamza Khanzadaev XRP soars 28% in trading volume amid major CPI report by US Fed According to Nomics, XRP’s total trading volume on all of the cryptocurrency exchanges on which it is listed has ...
WonderFi Merges With Coinsquare to Create the Largest Crypto Exchange in Canada (Report)
WonderFi Technologies – a tech company that provides access to decentralized finance (DeFi) – has reportedly been mulling a merger agreement with the trading platform Coinsquare. The goal would be to ...
Supreme Court’s Probe Into Leaked Roe V. Wade Opinion Narrows To “Small Number”
Topline Supreme Court investigators reportedly narrowed their investigation into the monumental leak of Justice Samuel Alito’s draft majority opinion in favor of overturning Roe V. Wade last May, whic...
The Block: Bitcoin mining report: Jan. 13
Bitcoin mining stocks tracked by The Block were mostly higher on Friday, with 13 gaining and the other 5 declining. Bitcoin rose 5.2% to $19,827 by market close. Here is a look at how the ...
US House Republicans plan to establish crypto-focused subcommittee: Report
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee. According to a Jan. 12 report from ...
Hodlnaut’s Creditors Prefer Liquidation Than Restructuring Plan (Report)
Some creditors of the distressed cryptocurrency lender – Hodlnaut – are reportedly not fond of the proposed restructuring plan that could enable the company’s directors to stay at the helm. Instead, t...
Like son, like father, as Joseph Bankman retains attorney: Report
Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried, has reportedly hired an attorney as the criminal case against his son moves forward. According to a Jan. 12 report from Reuters, Bankman...
A Crucial Time For Bitcoin Price Ahead Of CPI Report!
The crypto space is curiously waiting for the Consumer Price Index (CPI) data which is scheduled to be released today, Jan 12 2023. The crypto market sentiment ahead of CPI release seems to be quite p...
Ethereum Price Can Rebound to ATH, Here’s What’s Needed Here: Report
Yuri Molchan Recent analytics report shows that there is major factor that can drive Ethereum back to $4,858 peak In a recent tweet, the Santiment team showed how the second largest coin by market cap...
Fraudsters Drain $2.5M in Crypto Exit Scam: CertiK Report
Less than two weeks into the new year, malicious entities have already started doing what they do best. According to the latest update by the blockchain security company CertiK, two recently created c...
Illicit crypto transactions reached all-time highs in 2022: Report
2022 set the record in illicit on-chain transactions, setting aside the criminal investigations of failed crypto businesses like FTX, Celsius, Three Arrows Capital, Terraform Labs and others. Accordin...
Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report
– Advertisement – Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solv...
DCG Looking to Sell Off Some Assets as Genesis Owes Creditors Over $3B: Report
Digital Currency Group (DCG), the parent company of wholly-owned subsidiary, crypto brokerage firm Genesis, is reportedly looking to offload some of its venture capital portfolios to raise funds to co...
Ex-Biden Staffers Questioned By Feds Over Classified Documents, Report Says
Topline Federal authorities have interviewed multiple Obama Administration aides who worked for President Joe Biden while he served as vice president about the discovery of classified documents at Bid...
The Block: Bitcoin mining report: Jan. 12
Bitcoin mining stocks tracked by The Block were higher on Thursday, with all 19 gaining. Bitcoin rose 7.5% to $18,857 by market close. Here is a look at how the individual miners performed...
With Genesis Over $3,000,000,000 in Debt, Digital Currency Group Weighs Selling Venture Portfolio Assets: Report
A new report claims that the parent company of crypto broker Genesis is considering selling venture capital assets to pay back creditors. With Genesis more than $3 billion in debt, the Financial Times...
CertiK Releases Web3 Security Report 2022
NEW YORK–(BUSINESS WIRE)–CertiK, the global leader in smart contract and blockchain security, released its 2022 Web3 Security report. The report offers expert insight into some of the most impactful t...
TD SYNNEX Releases Global Technology Ecosystem Benchmark Report Highlighting Industry Trends and Opportunities
Tech businesses could leave $400 billion in untapped revenue in the AR/VR market FREMONT, Calif. & CLEARWATER, Fla.–(BUSINESS WIRE)–TD SYNNEX (NYSE: SNX) has released its inaugural Global Technolo...
Binance’s Stablecoin Hasn’t Alway Been Fully Backed, Report Says
Alex Dovbnya Binance has struggled to make sure that its stablecoin remains fully backed on several occasions, according to a new Bloomberg report According to a recent Bloomberg report, Binance, the ...
Thai SEC to Investigate Zipmex About Violating Certain Crypto Rules (Report)
Thailand’s Securities and Exchange Commission (SEC) has reportedly launched an investigation against the distressed cryptocurrency platform Zipmex. The watchdog will inspect whether the latter breache...
Stocks Climb With All Eyes on US Inflation Report: Markets Wrap
(Bloomberg) — Stocks in Europe and Asia gained as traders wagered that US inflation is cooling, reducing pressure for aggressive rate hikes from the Federal Reserve. Most Read from Bloomberg The...
December CEX Data Report Reveals a Drop of 42.8% in Spot Trading Volume
According to the details from the December CEX data report, there has been a sharp decline of 42.8% in the spot trading volume of major exchanges. The major exchanges that were affected include Phemex...
Binance US Receives Initial Approval to Acquire Voyager Digital’s Assets: Report
Binance US’ plan to acquire some of Voyager Digital’s assets for $1.02 billion is one step closer as the bankrupt crypto lender received initial court approval for its proposal. The United States Dist...