FTX files motion for Galaxy Digital to manage recovered crypto holdings
Galaxy Digital set to manage the sale of bankrupt FTX’s crypto holdings and facilitate staking of certain tokens to generate passive yield.
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$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy
The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys.
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.
Crypto Twitter calls for calm after wETH insolvency joke goes viral
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke.
FTX bankruptcy freezes millions worth of crypto company funds
Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States.
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26,…
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company…
Celsius co-founder declares his equity is ‘worthless’ in court
It's unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation.
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who…
Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review
This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are interested…