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    1. Business News
    2. About
    3. crypto

    Page 60 of crypto

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    . FTX's new chief executive John Ray has said that the exchange lost $8 billion of customer money.
    FTX says Bahamas regulators hold $296 mln, not $3.5 bln of company’s assets

    FTX has been at odds with Bahamian officials ever since filing for bankruptcy protection on Nov. 11.

    January 1, 2023 10:35 IST
    The NFT line came under fire for internal minting, licencing mistakes, and alleged design theft a few days after it was introduced, which is also when the floor price began to decline.
    Donald Trump’s NFT’s floor price drops 80% in just 10 days

    With 45,000 NFTs available for minting during the sweepstakes entry period, Trump began his collection on December 15.

    December 29, 2022 16:12 IST
    Along with New York, Kentucky, and Georgia, Texas is one of the most active Bitcoin mining states in the United States. The bomb cyclone recently had an impact on all states.
    Extreme weather conditions affect Binance’s cloud mining in North America

    The Texas miners’ decision has caused a 30% slowdown in Bitcoin transactions worldwide.

    Updated: December 29, 2022 11:32 IST
    SOL has dropped 51.14% since the furor around FTX began unfolding on Nov. 2. In the same period, ether has fallen about 21.3% and bitcoin 17.6%.
    Solana crypto token loses most of its value in 2022, FTX collapse weighs

    Bankman-Fried, who is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of…

    December 29, 2022 10:11 IST
    FTX's founder and former chief executive, Sam Bankman-Fried, was arrested on fraud charges
    Cryptocurrency Crime 2022: How this year was ‘a fall’ for crypto crime

    Cryptocurrency crime has fallen by 15% in volume year-on-year as the cryptocurrency sector went through a significant slowdown in the…

    Updated: December 29, 2022 09:08 IST
    It is believed that the lawsuit was sent to the platform using its help chat box along with a notice on its online forum
    US Department of Justice probing $372M FTX scam: Report

    In the midst of its internal crisis and bankruptcy, FTX alerted customers to unusual wallet activity involving at least 228,523…

    December 28, 2022 16:19 IST
    The recent exploit was called a "exit scam" by blockchain security company CertiK, who also claimed that they tried to contact the team but received no response.
    Defrost finance plans to refund users following a $12M hack

    Security companies claimed that the project may have vanished with user funds in the meantime, following the exploit.

    December 27, 2022 14:40 IST
    According to Vayner3, a blockchain-based enterprise, Meta, Shopify, Google, Instagram, Amazon, Microsoft, and Reddit are experimenting with Web3.0.
    Web3.0 and Metaverse 2022: How Web3.0 and metaverse has survived the challenge of times

    As per a report by Emergen research, a syndicated research and consulting firm, the global Web3.0 market size is expected…

    Updated: December 27, 2022 08:54 IST
    According to recent data, the bear market has caused $4 billion in debt for Bitcoin mining companies.
    Bitcoin hashrate recovers after cold weather shut down miners

    However, as of December 26, the hash rate was back to 241.29 EH/s, based on information from the hash rate…

    December 26, 2022 16:55 IST
    The National Intelligence Service (NIS) of South Korea reported on December 22 that North Korea had stolen cryptocurrencies worth $620 million just this year.
    North Korean hackers stealing NFTs using 500 phishing domains

    Furthermore, in 2022, North Korea was the target of numerous thefts of cryptocurrencies.

    December 26, 2022 11:07 IST
    ReelStar has recently raised USD 5 mn from just the first two stages of its initial token offering (ITO), REELT.
    ReelStar launches on-the-spot NFT creation zone at Great Indian Sneaker Festival

    ReelStar has recently raised USD 5 mn from just the first two stages of its Initial Token Offering (ITO), REELT.

    December 25, 2022 11:04 IST
    Due to the failure of major cryptocurrency companies like Three Capital Arrows, Celsius, and most recently cryptocurrency exchange FTX
    ‘Be wary’ of crypto proof-of-reserve audits, says SEC official

    A proof-of-reserve audit is still a practical step to review the financial stability of cryptocurrency exchanges

    December 23, 2022 16:02 IST
    Backed by billionaire entrepreneur Peter Thiel, Bullish is a unit of the blockchain software company Blockone.
    Crypto firm Bullish, Far Peak call off $9 bln SPAC deal

    One of the hallmarks of pandemic-era dealmaking, SPACs have since fallen out of favor amid a regulatory crackdown

    December 23, 2022 10:27 IST
    It is predicted that 2023 will witness a coexistence between CBDCs and Bitcoin use cases
    How did Bankman-Fried secure $250 mln bail

    White collar defendants often have the means to put up bond packages, but defendants with limited assets will often use…

    December 23, 2022 10:17 IST
    FTX founder Bankman-Fried allowed $250M bond, house arrest

    FTX, founded in 2019, rode the crypto investing phenomenon to great heights, quickly becoming one of the world’s largest exchanges…

    December 23, 2022 09:15 IST
    At his U.S. court appearance, known as an arraignment, Bankman-Fried is expected to be asked to enter a plea.
    FTX founder Bankman-Fried to make US court appearance after extradition

    ust hours later, U.S. prosecutors said two of his closest former associates had pleaded guilty and were cooperating with their…

    Updated: December 22, 2022 17:40 IST
    Wyoming has issued four state licenses for crypto banks since 2020, none has fully opened for business, if at all.
    Wyoming bullishly courts crypto, even after collapse of FTX

    Yang wants his Tacen exchange to stand out as an exception from the crowd of obscure businesses.

    December 22, 2022 14:21 IST
    The biggest blow came after major crypto exchange FTX filed for bankruptcy protection last month.
    Core Scientific files for bankruptcy as crypto winter bites

    The company’s shares have lost roughly 98% of their value so far in 2022, shrinking its market cap to about…

    December 22, 2022 12:36 IST
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