Search Results for: represented

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

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According to two sources close to FTX, Sam Bankman-frito, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave…

SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme

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Los Estados Unidos. Comisión Nacional del Mercado de Valores (SEGUNDO) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 millón…

Keanu Reeves dice que descartar las criptomonedas sólo las mejorará

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Famous actor Keanu Reeves says dismissing crypto or criticizing its volatility will only “make it better in terms of how it’s safeguarded.” The Matrix star added that the principle and ideas behind an independent currency are “amazing.” Keanu Reeves elogia las criptomonedas…

Wazirx, el exchange de criptomonedas indio, califica las acusaciones de Binance de "falsas y sin fundamento" y busca recurso

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Wazirx, el exchange de criptomonedas indio, ha negado las acusaciones hechas por Binance con respecto a la relación entre los dos exchanges de criptomonedas.. Subrayando que las acusaciones “son falsos y sin fundamento,” Wazirx estresado. “En lo que respecta a las acciones de Binance, estamos tomando lo necesario…

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

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After recording $4.26 billion in total non-fungible token (NFT) Ventas, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 meses. Despite the low player count, the project’s native token,…

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

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After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on…

Insurance Giant Tokio Marine to Offer Its Services in the Metaverse

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Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase insurance products on…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. Como 2022 comes to an…

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Es más, más que $3 billion has been erased from the stablecoin economy during the last 23…

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

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As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exhash por segundo (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining…