Search Results for: balance sheets

FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated

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According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda…

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals

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Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult…

Cerca de 60,000 BTC Erased From Bitcoin Treasuries in 9 Meses, 4 Entities Hold More Than 100K BTC

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During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. Sin embargo, during the last nine months of 2022, the number of bitcoin stored in these types of…

12 Companies Keep Close to $700 Million in Ethereum in Treasuries

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During the last year, allá’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. Sin embargo, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Etéreo…

Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System

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Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” El Banco, sin embargo, warns that any issuance of such digital currency will likely result in a decline of the volume of…

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC

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304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Este Dia, metrics indicate there are 59 compañías, a few countries, and exchange-traded funds (ETFs) con…