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,
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
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX).
The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX).
The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
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,
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
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
According to a press release, financial services company 21Shares has introduced the first exchange traded product (ETP) for Bitcoin that is physically backed in the Middle East.
Trading under the ticker symbol ABTC on the Nasdaq Dubai market, the ETP will operate similarly to the spot Bitcoin ETP the company
USD coin (USDC) has experienced a notable 4.9% decline in its market capitalization during the past month. The stablecoin, which is the second largest token in the stablecoin economy, also accounts for about 5% of the entire Bitcoin and cryptocurrency economy.
Data shows that other stablecoins have performed positively
The latest application for a spot Bitcoin (BTC) exchange-traded fund (ETF) by international investing giant VanEck has been postponed by the Securities and Exchange Commission (SEC).
For some time now, the company has been attempting to obtain approval for what will be the first spot Bitcoin ETF in the U.
A recent report has confirmed that Circle is paying interest to Coinbase and potentially other companies in exchange for holding funds in USDC. The information was released in Coinbase’s Q2 shareholder letter: “Interest income was $33 million, up 211% compared to Q1. The increase was primarily driven by our
