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Trezor Goes Back to Basics With New Hardware Wallets
Cryptocurrency hardware wallet provider Trezor has launched Trezor Safe 3, a cheaper, button-operated model, to mark its 10th anniversary. The company aims to attract more users with the entry-level hardware wallet. дальше »
2023-10-13 17:30 | |
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How Alameda Research lost nearly $200M to security breaches
Aditya Baradwaj, a former engineer at Alameda Research, has disclosed how lax security practices within the now-defunct company led to substantial losses nearing $200 million. Baradwaj revealed that Sam Bankman-Fried (SBF), the founder of both Alameda and FTX, prioritized rapid company expansion over crucial risk management protocols. дальше »
2023-10-12 11:30 | |
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FTX to receive $175M withdrawing up to $1B in other claims against Genesis
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »
2023-10-12 10:30 | |
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FTX to receive $175M and withdraw up to $1B in other claims against Genesis
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »
2023-10-12 10:30 | |
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Former Alameda Research Engineer Reveals Hacks Leading to Multi-Million Dollar Losses
Former Alameda Research engineer, Ananth Baradwaj, has revealed three incidents of fraud that the company experienced, amounting to a loss of $190 million. The post Former Alameda Research Engineer Reveals Hacks Leading to Multi-Million Dollar Losses appeared first on BeInCrypto. дальше »
2023-10-12 08:12 | |
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World of Women NFT Universe Launches Monopoly: WoW Galaxy Edition
Monopoly: WoW Galaxy Edition, a collaboration between WoW NFT Universe and WS Game Company, blends classic gameplay with web3 and NFTs. The post World of Women NFT Universe Launches Monopoly: WoW Galaxy Edition appeared first on NFT News Today. дальше »
2023-10-12 04:30 | |
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Caroline Ellison alleges auto-deletion of messages, bribery of foreign officials, and more in second day of testimony
Ex-Alameda Research CEO Caroline Ellison took the stand in a second day of testimony in Sam Bankman-Fried criminal trial on Oct. 11. Ellison testified that she communicated with Bankman-Fried and other company members through Signal, a messaging app with an auto-delete feature that Bankman-Fried instructed employees to use. дальше »
2023-10-12 00:00 | |
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How BlackRock Used Crypto To Complete Deal On JP Morgan’s Blockchain
Per a report from Bloomberg, the world’s largest asset manager, BlackRock, achieved a new milestone in its crypto roadmap. The company has been working on new ways to integrate with blockchain technology and thus has partnered with other financial institutions. дальше »
2023-10-11 22:00 | |
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What is a Cryptocurrency Clawback Provision?
Cryptocurrency holders with assets in bankrupt cryptocurrency interest account providers like Celsius Network were introduced to a new scary term– clawback provisions. A cryptocurrency clawback provision effectively states that customers (and insiders, execs, and other parties we’ll describe below) who withdraw their cryptocurrency assets before 90 days of a debtor (company going bankrupt) declaring bankruptcy […] The post What is a Cryptocurrency Clawback Provision? appeared first on CoinCentral. дальше »
2023-10-12 21:44 | |
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Immutable to offer studios up to $100k to build web3 games in partnership with Amazon AWS
In a potentially significant step towards mainstream blockchain-enabled gaming adoption, Immutable, the blockchain gaming platform, secured a strategic partnership with Amazon Web Services (AWS), according to the company’s recent announcement. дальше »
2023-10-11 17:00 | |
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FinDaS Launches Innovative Products to Empower Crypto Startups in Building Thriving Token Economies
FinDaS a prominent tokenomics consulting company, today announced the launch of three new products designed to help crypto startups. The post FinDaS Launches Innovative Products to Empower Crypto Startups in Building Thriving Token Economies appeared first on NFT News Today. дальше »
2023-10-11 15:37 | |
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Circle and Coins.ph partner for USDC remittances in the Philippines
Coins. ph and Circle say the partnership aims at improving the remittance landscape in the Philippines. The companies target cheap and near-instant remittances enabled by the USDC stablecoin. Philippine fintech company Coins. дальше »
2023-10-11 13:01 | |
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Bitfinex parent offers $150m share buyback to regain control
iFinex, the owner of Bitfinex, has offered a $150 million buyback to those who bought its shares as part of a 2016 swap arrangement. Bloomberg has learned that the parent company of the Bitfinex crypto exchange and Tether, iFinex Inc.,… дальше »
2023-10-11 12:07 | |
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Bitfinex's parent company considers $150 mln share buyback
iFinex has proposed to buy back 15 million Bitfinex shares at a rate of $10 per share. The latest move is an attempt to consolidate itself in the face of increased regulatory scrutiny in the crThe post Bitfinex's parent company considers $150 mln share buyback appeared first on AMBCrypto. дальше »
2023-10-11 11:30 | |
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FTX fallen founder Sam Bankman-Fried wanted to shutdown Alameda before bankruptcy
Embattled FTX founder Sam Bankman-Fried (SBF) wanted to close down his other company, Alameda Research, according to an unpublished post revealed at his ongoing fraud trial. In the extensive post shared on X by a former Alameda employee, SBF described Alameda as one of his “largest successes–and then, briefly, largest failures–and then again successes. дальше »
2023-10-11 11:12 | |
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Bitfinex parent company looking to buyback 15M shares at $1.7B valuation
Hong Kong’s iFinex Inc. , the parent company of cryptocurrency exchange Bitfinex, has proposed a $150 million share buyback, Bloomberg News reported Oct. 10. The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry. дальше »
2023-10-11 05:00 | |
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Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain
Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk. дальше »
2023-10-11 02:01 | |
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Changpeng Zhao and other Binance executives facing possible indictments in Brazil
A Brazilian congressional committee has asked for Binance CEO Changpeng Zhao and three other company executives to be indicted, Bloomberg said on Oct. 10. Following the committee’s recommendations, the decision to indict Zhao and the other company executives now lies with the Brazilian police. дальше »
2023-10-11 01:05 | |
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Alameda Research may have minted up to $40B of Tether’s USDT: Report
Bankrupt crypto firm Alameda Research is reportedly responsible for minting roughly $40 billion of Tether’s USDT, according to Coinbase director Conor Grogan. Per Grogan’s analysis, the troubled cryptocurrency trading company appears to be responsible for 47% of USDT’s circulating supply. дальше »
2023-10-11 18:45 | |
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Bitcoin Ordinals Marketplace Ordswap Loses Control of Domain, Users Warned of Phishing Attacks
Bitcoin marketplace Ordswap lost control of its official domain, which now redirects users to a competitor's site. The company blamed the issue on website platform Netlify. The post Bitcoin Ordinals Marketplace Ordswap Loses Control of Domain, Users Warned of Phishing Attacks appeared first on BeInCrypto. дальше »
2023-10-10 14:15 | |
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Bitstamp executives says exchange to partner with three ‘household name banks’ in Europe
A top Bitstamp executive stated that his crypto exchange will work with three major European banks in an interview on Oct. 9. Robert Zagotta, Bitstamp’s CEO for the Americas and Global Chief Commercial Officer, said that those partnerships concern the company’s Bitstamp-as-a-service feature. дальше »
2023-10-10 00:50 | |
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Bitcoin And XRP Set To Shine: Shock $8 Trillion Predicted Amid US Dollar ‘Collapse’
Despite initial expectations of a robust rally, major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP have encountered a slowdown in momentum following a promising start in 2023. However, a prominent tech company’s leaked disclosure can alter this trajectory. дальше »
2023-10-10 00:00 | |
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Bitmain suspends employee pay amid financial turmoil
Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. дальше »
2023-10-10 22:20 | |
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Secrets Unveiled As Caroline Ellison Prepares To Testify Against FTX’s Sam Bankman-Fried
More revelations have come to light since the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), commenced last week. Part of these secrets include the alleged illegalities that went on in FTX and its sister company, Alameda Research. дальше »
2023-10-9 16:00 | |
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Crypto browser Brave quietly lays off 9% of workforce
A spokesperson for the firm behind the browser said the layoffs were made due to a challenging economic environment. Brave Software, Inc., a company behind the Brave crypto web browser, reduced its workforce by 9% to optimize cost management amid… дальше »
2023-10-9 10:51 | |
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FTX Used a Random Number Generator for Insurance Balance, Report Reveals
FTX co-founder Gary Wang testified that the numbers for the company's insurance balance fund were inaccurate and allegedly produced by a random number generator, contradicting public claims. The post FTX Used a Random Number Generator for Insurance Balance, Report Reveals appeared first on BeInCrypto. дальше »
2023-10-9 09:35 | |
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DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise. дальше »
2023-10-9 06:30 | |
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Binance says it will operate under new UK rules despite earlier withdrawal
Binance announced on Oct. 6 that it has launched a new subpage to serve its U. K. customers in light of changing regulations. The exchange company said that, in compliance with the U. K. ’s updated Financial Promotion Regime, www. дальше »
2023-10-8 06:12 | |
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Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg
CFTC staff were evaluating the possibility of initiating action against Ehrlich. Prior to this, the company faced scrutiny from the U.S. Federal Trade Commission. The United States CommoditThe post Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg appeared first on AMBCrypto. дальше »
2023-10-7 13:30 | |
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Yuga Labs cuts staff as part of larger restructuring
Yuga Labs, the company behind Bored Ape Yacht Club, has laid off a portion of its staff according to a blog post published by the firm on Oct. 6. The company’s CEO, Daniel Alegre, wrote: “After … thoughtful consideration, I have decided that we need to restructure the Yuga Labs teams. дальше »
2023-10-7 02:00 | |
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CFTC weighing charges against ex-Voyager Digital CEO Stephen Ehrlich
The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct. дальше »
2023-10-7 19:40 | |
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SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony
The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits. In the morning session, testimony from Adam Yedidia, a college acquaintance of Bankman-Fried and a former Alameda and FTX staff member, provided a glimpse into the backend operations of FTX. дальше »
2023-10-6 04:07 | |
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Ledger reduces staff by 12% as controversial Recover feature looms
Hardware wallet manufacturer Ledger announced in a blog post on Oct. 5 that it will lay off a significant percentage of its staff while continuing operations. The company’s CEO, Pascal Gauthier, wrote in a letter: “Macroeconomic headwinds are limiting our ability to generate revenue, and in response to the current market conditions and business realities […] The post Ledger reduces staff by 12% as controversial Recover feature looms appeared first on CryptoSlate. дальше »
2023-10-6 01:40 | |
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FTX Employees Unearthed Alameda’s $65 Billion Backdoor Months Before Collapse
As the trial of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX, got underway, the testimony of witnesses shed light on a report by The Wall Street Journal. The report revealed that the company’s employees had uncovered a secret link between the exchange and an affiliated trading firm, raising concerns about potential fraudulent […] дальше »
2023-10-6 23:00 | |
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New images of Block’s Bitcoin wallet leak as beta version begins to ship
New images have surfaced of a Bitcoin wallet, BitKey, currently being developed by Jack Dorsey’s company, Block Inc, as reports suggest that the product’s beta is nearing its distribution stage. дальше »
2023-10-6 22:40 | |
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El Salvador’s first volcano-powered Bitcoin mining project goes live
El Salvador marks the launch of Lava Pool today, the country’s first Bitcoin mining pool powered by renewable geothermal energy. T he venture, a collaboration between energy company Volcano Energy and tech corporation Luxor Technology, is the country’s first attempt to harness the abundance of renewable geothermal energy for crypto mining. дальше »
2023-10-6 19:35 | |
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Celsius Commits To Massive Crypto Repayment: $2 Billion To Creditors By 2023’s End
Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end. The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and facilitate customer repayments. дальше »
2023-10-5 05:00 | |
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Xsolla powers Web Shop launches for 40 of the Top 100 Mobile Games
Sherman Oaks, United States, October 4th, 2023, FinanceWire Xsolla, a global video game commerce company, shares insights that 40 of the top 100 mobile games have launched their Web Shop using Xsolla’s solution. дальше »
2023-10-5 00:23 | |
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Polygon co-founder Jaynti Kanani steps down after six years with project
Jayanti Kanani, one of the pioneering figures behind Polygon (MATIC), announced his exit from the day-to-day operations of the company. Announcing his departure on X (formerly Twitter): “After kickstarting Polygon in 2017, around 6 months back, I decided to step back from the day-to-day grind… I’m more confident in Polygon’s bright future and passionate community. дальше »
2023-10-5 21:00 | |
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3AC co-founder Su Zhu’s Singapore villa turned into urban farm
The former Singapore villa of Su Zhu, co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital, has been repurposed into an urban farm by his wife's company, Abundant Cities. дальше »
2023-10-4 20:30 | |
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