3AC Co-Founders Su Zhu, Kyle Davies Subpoenaed in Bankruptcy Case
A federal bankruptcy judge has approved the issuance of subpoenas to the co-founders of the collapsed hedge fund – Three Arrows Capital (3AC) – Su Zhu and Kyle Davies. In…
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Genesis Withdrawal Freeze Has No Imminent Solutions, Says Interim CEO
A letter from Genesis Interim CEO Derar Islim to customers on Wednesday suggested that the firm’s withdrawal freeze likely won’t be resolved for “weeks” to come. The letter, first viewed…
Binance’s Bitcoin Reserves Are 101% Backed, Confirms Auditor
An independent global auditor has confirmed that all Bitcoin circulating on Binance – the world’s largest crypto exchange – is fully accounted for. The audit allows any user of the…
Kraken’s Dave Ripley Denounces SBF as a Fraudster
Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users. He expects more contagion from the crisis, assuring that…
Cryptocurrency Advertizing ìn the US Under Scanner Over Possible Misconduct
The United States Federal Trade Commission (FTC) is targeting certain crypto companies over deceptive or misleading advertising. With the latest move, the FTC appears to follow in the footsteps of…
Just Like Bitcoin, Binance US Drops All Ethereum-USD Trading Fees
Binance US – the American branch of the world’s largest crypto exchange – has eliminated all Ether (ETH) spot trading fees just six months after doing the same for Bitcoin…
These On-Chain Indicators Suggest Bitcoin’s Bottom Draws Near
Bitcoin and crypto markets are a full year into bear territory, and it has been about that time when the cycle bottom occurs. During the previous bear market, it came…
Bull Market Signal? Jim Cramer Advises Crypto Investors to Sell
The host of CNBC’s Mad Money show – Jim Cramer – said cryptocurrency investors still have time to sell their “awful” positions. His previous advice has often been inaccurate, prompting…
5 Failing Crypto Narratives of Late According to CZ Binance
Changpeng Zhao – CEO of the world’s largest crypto exchange, Binance – rejected some of the latest assumptions regarding himself and his company’s involvement in FTX’s crash. He reiterated his…
Goldman Sachs to Invest Millions in Crypto Businesses Following FTX Meltdown
The American multinational investment bank – Goldman Sachs – intends to spend tens of millions of dollars to acquire or invest in cryptocurrency organizations. Goldman’s head of digital assets –…
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