Bankrupt Crypto Exchange FTX Transfers ,000,000 Worth of Altcoins to Exchanges: On-Chain Data

Bankrupt Crypto Exchange FTX Transfers $36,000,000 Worth of Altcoins to Exchanges: On-Chain Data

On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of altcoins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and... Read more »
Crypto Market Tumbles Amid Fears of Selling Pressure from Bankrupt FTX Exchange

Crypto Market Tumbles Amid Fears of Selling Pressure from Bankrupt FTX Exchange

The cryptocurrency market experienced a sharp decline on Monday, with Bitcoin (BTC) falling over 2% and briefly dropping below the $25,000 level for the first time since mid-June. Ether (ETH), the second-largest... Read more »
Crypto Startup Bankrupt After Losing Password To .9 Million Physical Crypto Wallet

Crypto Startup Bankrupt After Losing Password To $38.9 Million Physical Crypto Wallet

An anonymous reader quotes a report from 404 Media: A buzzy startup offering financial infrastructure to crypto companies has found itself bankrupt primarily because it can’t gain access to a physical crypto... Read more »
More Selling? Bankrupt Voyager Sends Millions In SHIB And ETH To Coinbase

More Selling? Bankrupt Voyager Sends Millions In SHIB And ETH To Coinbase

Voyager Digital has been busy in recent months as it looks to sell its remaining crypto holdings on centralized exchanges. In its latest move, the bankrupt crypto brokerage has transferred millions in... Read more »
Bankrupt crypto lender Genesis ‘optimistic’ about resolving creditor dispute: Reuters

Bankrupt crypto lender Genesis ‘optimistic’ about resolving creditor dispute: Reuters

Genesis Global Capital’s legal professionals are assured about resolving their disputes with collectors this week, with the acknowledged aim of rising from Chapter 11 by the tip of May, in response to... Read more »
Bankrupt Lender BlockFi to Sell Bitcoin Mining Machine-Backed Loans

Bankrupt Lender BlockFi to Sell Bitcoin Mining Machine-Backed Loans

(Bloomberg) — Bankrupt crypto lender BlockFi Inc. plans to promote about $160 million of loans backed by round 68,000 Bitcoin mining machines, in accordance to two folks conversant in the matter.  The... Read more »
Tesla, Microsoft, Palantir And Dogecoin’s Co-Founder Slams This Bankrupt Crypto Lender: Bulls And Bears Of The Week

Tesla, Microsoft, Palantir And Dogecoin’s Co-Founder Slams This Bankrupt Crypto Lender: Bulls And Bears Of The Week

Benzinga examined the prospects for many investors’ favorite stocks during the last week — this is a take a look at a few of our prime tales.  The market ended a risky holiday-shortened buying... Read more »
Are Crypto Exchanges Going to Bankrupt?

Are Crypto Exchanges Going to Bankrupt?

If there’s one phrase that describes Bitcoin and cryptocurrency, it’s risky. Crypto costs soar after which appear to crash nearly as rapidly, whereas rumors, sentiment, and elementary developments are rapidly factored into... Read more »