Search Results for: $50 Million

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

durch

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

durch

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially…

Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings, Bail-Ins

durch

Der berühmte Autor des Bestsellers Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert…

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

durch

Chain Reaction, a Tel Aviv-based blockchain startup, hat bekannt gegeben, dass es angehoben wurde $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and…

US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried

durch

Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 Million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried,…

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

durch

Am Dienstag, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 Million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, Blockchain-Technologie, and Web3 concepts….

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

durch

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets…

Defi More Scalable Than Traditional Finance, New Study Says

durch

Despite the market conditions that prevailed in much of 2022, dezentrale Finanzierung (ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak…

Prüfbericht: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

durch

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Prüfbericht…