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Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ” Zhao announced on March 13 that owing to… дальше »
2023-3-14 16:43 | |
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Alameda, FTX Demand Grayscale To Unlock $9 Billion From BTC, ETH Trusts In New Lawsuit
Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Grayscale CEO Michael Sonnenshein and Digital Currency Group (DCG) CEO Barry Silbert. Grayscale is owned by […] дальше »
2023-3-7 13:30 | |
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Binance CEO hits back at Forbes report, calls it ‘baseless’
Binance CEO, Changpeng Zhao, has refuted claims by Forbes, accusing the exchange of ‘shuffling’ $1.8 billion in stablecoin collateral to numerous hedge funds. Binance has been in the limelight since Forbes published a story claiming that the exchange transferred $1.8… дальше »
2023-3-1 17:39 | |
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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO
Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing legal action against the SEC. дальше »
2023-2-27 06:36 | |
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Binance CEO says the stablecoin landscape is shifting
The market cap of Binance USD (USD) stablecoin has declined by $2. 45 billion. Over $2. 37 billion has moved from BUSD to Tether (USDT). USD Coin (USDC) has also seen its market cap shrink by about $739 million amid the regulatory events of the past few days. дальше »
2023-2-18 16:07 | |
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Another Sam Bankman-Fried-owned firm files for bankruptcy
Emergent Fidelity has filed for Chapter 11 bankruptcy following the seizure of its over half a billion dollars worth of Robinhood shares by the US government. The company is co-owned by the disgraced former FTX CEO Sam Bankman-Fried (90%) and… дальше »
2023-2-6 15:19 | |
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Lenders accuse DCG CEO of hoax deal to hide $1.1b loss
In a proposed securities class action lawsuit against Digital Currency Group Inc., a group of lenders claimed that Barry Silbert, the CEO of an insolvent crypto firm, concocted a “misleading phony deal” to hide an impending $1 billion implosion. Former… дальше »
2023-1-25 14:25 | |
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DCG CEO Silbert addresses $1.1b note in his letter to investors
As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount… дальше »
2023-1-11 11:41 | |
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CryptoSlate Daily wMarket Update: Dogecoin down as Musk reconsiders Twitter CEO position
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $3.29 billion and currently stands at $811.36 billion — up 0.4%. The post CryptoSlate Daily wMarket Update: Dogecoin down as Musk reconsiders Twitter CEO position appeared first on CryptoSlate. дальше »
2022-12-20 15:45 | |
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Dogecoin Smokes Coinbase By $2 Billion In Market Cap – No Longer A ‘Silly’ Joke?
As Coinbase CEO Brian Armstrong bared plans on Monday to outline an actionable framework for achieving regulatory clarity in the cryptocurrency space, something came up that might require some of his attention: his crypto exchange has just been overtaken in the market value department by a token most people see as a joke. Dogecoin (DOGE) […] дальше »
2022-12-20 08:55 | |
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Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ
Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10. 7 billion, The Wall Stree Journal reported December 19. дальше »
2022-12-19 18:30 | |
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Meta Reality Labs Loses $3.7 Billion in Q3
Meta’s Reality Labs dealt a heavy financial blow in Q3, with losses surpassing an astonishing $3. 7 billion! Mark Zuckerberg’s ambitious plan for creating the metaverse has clearly come at no small cost – but it seems like the Meta CEO is confident these investments will eventually turn around large profits. дальше »
2022-12-19 04:11 | |
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We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2. 1 billion withdrawal. The CEO confirmed that the crypto exchange could meet 100% of withdrawals on its platform. Binance has very solid revenue, CZ added. дальше »
2022-12-17 14:49 | |
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$1 Billion Worth of Assets Secured: FTX CEO John J. Ray III Testifies
The CEO of FTX, John J. Ray III, testifies to the US House Committee on Financial Services. He claims $1 billion worth of assets are secured. The post $1 Billion Worth of Assets Secured: FTX CEO John J. дальше »
2022-12-14 01:15 | |
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Crypto community members discuss bank run on Binance
According to CEO Changpeng Zhao, Binance has seen outflows of an estimated $1.14 billion from the exchange.
дальше »2022-12-14 00:45 | |
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Animoca to launch $2B investment fund for metaverse
Animoca Brands CEO Yat Siu said the company is working on setting up a fund of up to $2 billion to invest in metaverse businesses, according to NikkeiAsia. The post Animoca to launch $2B investment fund for metaverse appeared first on CryptoSlate. дальше »
2022-11-30 13:30 | |
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Sticking to Core Fundamentals Saved Polygon from FTX Calamity – Co-Founder Sandeep Nailwal
The impact of FTX’s downfall is being felt all across the crypto spectrum. Since the FTX crisis began to unfold, the crypto market has shed over $200 billion. Those who have commented on the FTX Fiasco include former Kraken CEO Jesse Powell, Binance CEO Changpeng Zhao, Cardano’S Charles Hoskinson, and Tesla CEO Elon Musk, among […] дальше »
2022-11-27 19:09 | |
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Binance CEO flags likely $1 billion fund for distressed digital assets
Binance CEO Changpeng Zhao said that the company is planning a $1 billion fund for possible purchases of distressed digital assets in the crypto sector. He also said the company would make a bid for the bankrupt crypto lender, Voyager… дальше »
2022-11-25 22:17 | |
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FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others
A November 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in personal loans from Alameda Research. дальше »
2022-11-18 20:27 | |
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New FTX CEO previously recovered Enron shareholders funds
John J. Ray III, the newest acting CEO of FTX, was on board to ensure the recovery of Enron’s users’ lost funds in 2001. The sum of $26 billion got wiped out during the energy company’s liquidation. Ray ventured in… дальше »
2022-11-16 01:30 | |
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FTX Commences Bankruptcy Proceedings as CEO Steps Down
FTX.com has commenced Chapter 11 Bankruptcy proceedings after unsuccessfully attempting to raise $8 billion in liquidity. The post FTX Commences Bankruptcy Proceedings as CEO Steps Down appeared first on BeInCrypto. дальше »
2022-11-12 17:50 | |
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FTX CEO Sam Bankman-Fried’s $16 Billion net worth drops to $1 Billion
Sam Bankman-Fried has fallen out of the top one hundred wealthiest individuals on the planet after seeing his over $16 billion fortune fall in a couple of hours as FTX’s collapse seems imminent. дальше »
2022-11-10 00:30 | |
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SBF’s $16 billion fortune sees a 94% wipeout – here’s why
Sam Bankman-Fried’s net worth just a few days ago was nearly $16 billion. The FTX founder and CEO ranked among the 500 richest people in the world as of this week. SBF, as he’s fondly known in the crypto circles, indeed wasn’t that far off the net worth of Changpeng Zhao, the founder and CEO […] The post SBF’s $16 billion fortune sees a 94% wipeout – here’s why appeared first on Invezz. дальше »
2022-11-10 18:47 | |
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Binance tops up SAFU fund at $1 billion amid price fluctuations
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on. дальше »
2022-11-9 13:37 | |
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“FTX is fine, assets are fine” says SBF
Sam Bankman-Fried, the head of FTX, responded to Changpeng Zhao, the CEO of Binance, following the company’s announcement regarding the $2.1 billion sale of FTT. CZ vs. SBF According to Changpeng Zhao, the CEO, and co-founder of Binance, the company… дальше »
2022-11-8 00:00 | |
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Terra’s Do Kwon Faces $57 Million Lawsuit in Singapore For Financial Fraud
A fresh lawsuit has been initiated in Singapore against embattled Terra Form labs CEO Do Kwon, the Luna Foundation Guard (LFG) and Terra founding partner Nicholas Platias by victims of the UST-induced market meltdown that saw over $40 billion worth of crypto assets evaporate in May. дальше »
2022-10-30 22:35 | |
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Elon Musk Renews Twitter Buyout Offer for Original $44 Billion Price Tag
Tesla CEO and billionaire Elon Musk is set to finalize his $44 billion acquisition of Twitter, suspected spam bots and phony accounts and all. Musk Reconsiders Twitter Acquisition Musk is ready to close the transaction anticipated under the April 25,… дальше »
2022-10-5 13:45 | |
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FTX’s Sam Bankman-Fried Was Interested In Joining Elon Musk To Buy Twitter, Bombshell Texts Reveal
A series of text messages released as part of ongoing litigation over Elon Musk’s failed Twitter deal reveals CEO of crypto exchange FTX, Sam Bankman-Fried, was willing to contribute up to $5 billion toward jointly acquiring the social media giant. дальше »
2022-10-1 23:57 | |
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Crypto Mogul SBF and Elon Musk Talked About Joint Twitter Purchase, Private Texts Show
FTX CEO and crypto billionaire Sam Bankman-Fried was contemplating partnering with fellow billionaire and Tesla CEO Elon Musk to purchase the major microblogging platform, Twitter. SBF Was To Going Commit $5 Billion to Joint Twitter Acquisition According to Business Insider,… дальше »
2022-9-30 15:16 | |
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Huobi founder Leon Li in talks to sell his shares for up to $3B
Crypto exchange giant Huobi’s founder and CEO Leon Li is in talks with investors to sell his majority stake for $2 billion to $3 billion. The post Huobi founder Leon Li in talks to sell his shares for up to $3B appeared first on CryptoSlate. дальше »
2022-8-12 14:30 | |
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Jack Dorsey’s firm, Block Inc., posts $1.47B Q2 profits, Bitcoin revenue drops
Former Twitter CEO Jack Dorsey’s digital payments firm, Block Inc., registered a $1.9 billion… The post Jack Dorsey’s firm, Block Inc., posts $1.47B Q2 profits, Bitcoin revenue drops appeared first on CoinJournal. дальше »
2022-8-5 11:42 | |
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South Korean VC firm Hashed lost more than $3 billion in LUNA collapse
Hashed CEO Simon Seojoon Kim disclosed in a Bloomberg interview that the VC firm lost more than $3 billion from its investment in LUNA after it crashed in May 2022. The post South Korean VC firm Hashed lost more than $3 billion in LUNA collapse appeared first on CryptoSlate. дальше »
2022-8-3 21:49 | |
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Saylor Steps Down as MicroStrategy CEO to Double Down on Bitcoin
MicroStrategy co-founder Michael Saylor has relinquished his position as chief executive after reporting a $1 billion loss on the company's Bitcoin holdings. The post Saylor Steps Down as MicroStrategy CEO to Double Down on Bitcoin appeared first on BeInCrypto. дальше »
2022-8-4 15:00 | |
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Henry Chang: The Most Dedicated CEO in South Korea, Leads Wemade to New Heights
Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2. 67 million (KRW 3,5 billion) and did not sell a single share. дальше »
2022-7-20 14:14 | |
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