According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange.
The voluntary proceedings involve Alameda Research,
According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in
On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage.
According to a statement from Gemini Earn’s website page,
On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage.
According to a statement from Gemini Earn’s website page,
According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange.
The voluntary proceedings involve Alameda Research,
According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in
Following a liquidity crisis at FTX, CEO Sam Bankman-Fried announced that Binance will likely acquire FTX Exchange, pending due diligence.
Bankman-Fried confirmed the agreement in a tweet this morning.
https://twitter.com/SBF_FTX/status/1590012124864348160
Shortly after the announcement, Binance CEO Changpeng Zhao tweeted that FTX asked for help
According to a press release, the U.S. Department of Justice has confiscated approximately $3.36 billion in Bitcoin associated to Silk Road that has been missing since 2012.
Property developer James Zhong, who stole 51,680.32473733 BTC from Silk Road, has admitted to committing wire fraud in order
An energy company turned Bitcoin miner, CleanSpark Inc., generated a record number of new BTC in October 2022.
The company said in a statement that it mined 532 Bitcoin during last month which is an increase of roughly 20% from September. CleanSpark also shared improvements made on their immersion cooling
South African food retailer, Pick n Pay, has announced that it will start accepting Bitcoin payments in 39 stores across major cities before gradually rolling out the feature to all of its 2,000 branches in the coming months.
The new payment gateway will allow customers to pay for groceries
The most recent addition in the Bitcoin ETF market is Simplify Asset Management’s Simplify Bitcoin Strategy PLUS Income ETF (MAXI). The company was co-founded by CEO Paul Kim and CIO David Burns in February 2020 and focuses on options-based investing strategies for advisers.
Brian Kelleher, the firm’s Chief
