CRYCUR Archives - discount semenax pills

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

LONDON, Jan 24 (Reuters) – Crypto giant Binance has handled nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly mining a “money laundering engine,” according to blockchain data seen by Reuters shows. On Jan. 18, the Justice Department said it had charged Bitzlato …

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows Read More »

Genesis crypto lending unit files for bankruptcy in the US

Leave a Comment / Business / By ADMIN

Jan 20 (Reuters) – Crypto firm Genesis’s lending unit filed for U.S. bankruptcy protection against creditors on Thursday, overturned by a market rout with companies like exchange FTX and the BlockFi lender. Genesis Global Capital, one of the biggest crypto lenders, froze client redemptions on November 16 after FTX stunned the financial world with its …

Genesis crypto lending unit files for bankruptcy in the US Read More »

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

Leave a Comment / Business / By ADMIN

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main street of Davos, the impact of the crypto winter is evident for WEF attendees. Last May, the dressed storefronts that line both sides of Promenade Street that runs through the Swiss ski resort were dominated by crypto companies, rolling in bitcoin. …

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF Read More »

Cryptoverse: Bitcoin is back with a bonk

Leave a Comment / Business / By ADMIN

Jan 17 (Reuters) – Bitcoin is in charge in 2023, dragging the crypto market to the ground and electrifying bonk, a new meme coin. The No. 1 cryptocurrency posted a 26% gain in January, surging 22% in the past week alone, climbing back above the $20,000 level and setting itself on course for its best …

Cryptoverse: Bitcoin is back with a bonk Read More »

Failed Crypto Exchange FTX Recovered Over $5 Billion, Lawyer Says

Leave a Comment / Business / By ADMIN

FTX valued a year ago at $32 billion Over $8 billion in missing FTX client funds FTX Affiliate Sales Plan Presented in Court NEW YORK/WILMINGTON, Delaware, Jan 11 (Reuters) – Crypto exchange FTX has recovered more than $5 billion in liquid assets, but the scale of customer losses in the collapse of the company founded …

Failed Crypto Exchange FTX Recovered Over $5 Billion, Lawyer Says Read More »

Exclusive: Former FTX Top Lawyer Helped US Authorities in Bankman-Fried Case

Leave a Comment / Business / By ADMIN

Jan 5 (Reuters) – Former FTX top lawyer Daniel Friedberg cooperated with U.S. prosecutors as they investigate the crypto firm’s collapse, a source familiar with the matter said, adding pressure about founder Sam Bankman-Fried who was arrested for criminal fraud last month. Friedberg gave details about FTX in a Nov. 22 meeting with two dozen …

Exclusive: Former FTX Top Lawyer Helped US Authorities in Bankman-Fried Case Read More »

Sam Bankman-Fried Pleads Not Guilty in FTX Fraud Case; October Trial Set

Leave a Comment / Business / By ADMIN

NEW YORK, Jan 3 (Reuters) – Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges of misleading investors in his now bankrupt cryptocurrency exchange FTX and causing billions of dollars in losses, in what prosecutors called it an “epic” fraud. He pleaded in federal court in Manhattan where he faces eight counts, including wire …

Sam Bankman-Fried Pleads Not Guilty in FTX Fraud Case; October Trial Set Read More »

Bankman-Fried and FTX executives received billions in hidden loans, says former Alameda CEO

Leave a Comment / Business / By ADMIN

NEW YORK, Dec 23 (Reuters) – Sam Bankman-Fried and other FTX executives have received billions of dollars in secret loans from the crypto tycoon’s Alameda Research, the former fund chief said speculation to a judge when she pleaded guilty to her role in the collapse of the exchange. . Caroline Ellison, former managing director of …

Bankman-Fried and FTX executives received billions in hidden loans, says former Alameda CEO Read More »

Cryptoverse: goodbye to the year that broke bitcoin

Leave a Comment / Business / By ADMIN

Dec 20 (Reuters) – Bitcoin staggered into 2022. It ends the year slumped in an alley, deprived of its cocktail of cheap money and leveraged bets, shunned by the establishment. The preeminent cryptocurrency lost 60% of its value, while the broader crypto market shrank by $1.4 trillion, crushed by rising interest rates, fading appetite for …

Cryptoverse: goodbye to the year that broke bitcoin Read More »

Insurers Avoid FTX-Linked Crypto Firms As Contagion Risk Rises

Leave a Comment / Business / By ADMIN

Dec 19 (Reuters) – Insurers are denying or limiting coverage for customers exposed to bankrupt crypto exchange FTX, leaving traders and digital currency exchanges uninsured against losses from hacking, theft or lawsuits, said several market participants. Insurers were already reluctant to underwrite asset and directors and officers (D&O) protection policies for crypto companies due to …

Insurers Avoid FTX-Linked Crypto Firms As Contagion Risk Rises Read More »