Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,776,231,976.12
  • 24h Vol: $56,808,923,309.07
  • BTC Dominance: 56.54%

FTT

ftx-debtors-report-$8.9b-shortfall-in-customer-funds-and-‘highly-commingled’-assets-in-latest-presentation

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

Leave a Comment / $8.9 billion, $8.9B, Alameda Research, Bankruptcy, Bitcoin, BTC, Category A Assets, Category B Assets, ceo, commingled assets, Crypto Hacked, Cryptocurrency, Cryptocurrency Exchange, Cyber Attack, Digital Assets, ETH, Ethereum, FTT, ftx, international exchange, Market Caps, matic, News, PAXG, preliminary report, Press release, record keeping, shib, shortfall, shortfalls, SOL, Solana, Stablecoin, sweep wallets, trading volumes, UNI, WBTC, WETH / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation Read More »

5-high-profile-cryptocurrency-implosions-shatter-trust,-wipe-out-billions-in-value-during-2022’s-crypto-winter

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

Leave a Comment / addresses, Bankruptcy, Bitcoin, Blockchain, bounce back, CEL, ceo, Circulation, Concentration, crypto assets, Crypto Hacked, Cryptocurrencies, Cryptocurrency, deployer, deposits, do kwon, ERC20, Ethereum, Exchange Tokens, Fraud, FTT, ftx, HOPE, HUSD, Illicit, Investors, LUNA, Market Capitalization, Market Updates, Market Valuation, restructuring, SEC, Stablecoin, Stablecoins, Terra, trading, transactions, UST, VGX, voyager, Wallets / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter Read More »

former-ftx-executive-accused-of-fueling-a-charity-through-discounted-ftt-purchase

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

Leave a Comment / AI research, alternative investments, anonymous sources, Bankruptcy Case, Bitcoin, charitable donations, Cooperative AI Foundation, Crypto Hacked, Cryptocurrency, Digital Assets, Digital Currency, Digital Tokens, employee discount, Ethereum, Financial Markets, Financial Technology, FTT, FTT Token, ftx, FTX Token, fundraising, News, Polaris Ventures, Ruairi Donnelly, token sale, unpaid wages, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , ,

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a

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