FTX sues SBF, others over ‘worthless’ fintech company acquisition

Bankrupt crypto exchange FTX sued Sam Bankman-Fried (SBF) and other former executives of the company for the $250 million acquisition of stock clearing platform Embed. According to a May 17 court filing, SBF and other executives — Nishad Singh and Gary Wonder — knew Alameda Research was insolvent and still went ahead with the deal. дальше »

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Sam Bankman-Fried and FTX Associates Sued for Inflating Stock Platform Deal

FTX filed a lawsuit against former CEO Sam Bankman-Fried and other FTX executives for fraudulently inflating the value of a platform it sold. The post Sam Bankman-Fried and FTX Associates Sued for Inflating Stock Platform Deal appeared first on BeInCrypto. дальше »

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Ripple Acquires Crypto Custody Firm Metaco In $250 Million Deal

US-based cryptocurrency company Ripple has recently announced its acquisition of Metaco. Metaco is a Swiss-based crypto custody firm and the deal, valued at $250 million, marks Ripple’s foray into the acquisition space. дальше »

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Shiba Inu erases 2023 gains, reaches major support area

Weak cryptocurrencies unable to deal with renewed dollar strength  Shiba Inu gave up all of its 2023 gains The technical picture signals more downside The bearish crypto market of 2022 appeared to have ended at the start of 2023. дальше »

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World’s first end-to-end blockchain Zeebu inks deal with four telecom carriers

The world’s first end-to-end blockchain platform Zeebu has announced strategic partnerships with Broadband Telecom Inc. , BBT Voice Limited, Novatel, d. o. o. , and BridgeVoice Inc. These partnerships are aimed at leading hundreds of thousands of transactions on Zeebu annually, something that hopefully makes Zeebu a game-changing force within the telecom carrier industry. дальше »

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Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC

According to the U.S. SEC, Do Kwon allegedly hid Jump Trading's $1.2 billion role in propping up TerraUSD in 2021. The post Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC appeared first on BeInCrypto. дальше »

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TerraUSD: New details about May 2021 recovery emerge - SEC alleges...

The latest court filing by the SEC has revealed a secret deal between Jump Trading and Terraform Labs in 2021. The high-frequency trading firm reportedly made over $1 billion by propping up TerThe post TerraUSD: New details about May 2021 recovery emerge - SEC alleges... appeared first on AMBCrypto. дальше »

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Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

The investment includes a $2 million loan and $12 million in equity. дальше »

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Forget the Memecoins Hype: Why SUI Project Is the Real Deal for Long-Term Investors!

The SUI project has garnered attention as a potentially lucrative long-term investment opportunity. This analysis examines the key factors that contribute to its potential and why it is worth considering for investors seeking sustainable returns. дальше »

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Are Crypto Firms Running Out of Patience Trying to Keep Up With Changing Regulations? 

Crypto firms have faced immense pressure to deal with and comply with ever-changing regulations. Around 400 firms in a European region may see the exit door following strict compliance requirements. дальше »

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Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside

 Voyager Digital to self-liquidate its assets after failing to reach a deal.  Voyager's customers will receive an initial recovery of 36% of their crypto holdings. According to Voyager DigThe post Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside appeared first on AMBCrypto. дальше »

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Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US. дальше »

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Voyager promises to return funds to creditors despite Binance hurdle

Customers of the bankrupt crypto broker Voyager may be getting their money trapped in the platform in the coming weeks, shortly after Binance. US pulled out of an initial deal to purchase Voyager’s assets. дальше »

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Voyager creditors could start seeing funds in the ‘next few weeks’

The bankrupt crypto brokerage has entered the final stages of liquidation procedures after Binance abandoned its acquisition deal last week. дальше »

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Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government

Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month. дальше »

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Traders burn the midnight oil looking for Bitcoin entries, how Avorak AI can automate your trades

Trading Bitcoin can be a lucrative endeavor, but it normally requires a great deal of time and effort. Traders must stay up to date with the latest news and market trends, constantly analyzing data and monitoring price movements. дальше »

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JP Morgan and First Republic Bank deal: a step towards financial monopoly?

Quick Take According to the Kobessi letter, JP Morgan said its acquisition of First Republic would generate a one-time gain of $2. 6 billion. Not only that, JP Morgan also expects over $500 million in profit per year from the acquisition. дальше »

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Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal

Kevin O'Leary said in a recent interview that institutional investment in crypto is dead as Bitcoin is stuck between $17,000 and $35,000. The post Kevin O’Leary Throws Shade at Taylor Swift Over FTX $100M Promo Deal appeared first on BeInCrypto. дальше »

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Is the IRS in the midst of an 'unjustified treasure hunt' as claimed by...

Crypto exchange Kraken is seeking a San Francisco court's help to deal with demands made by the Internal Revenue Service. The exchange described the IRS' demand for additional customer info as The post Is the IRS in the midst of an 'unjustified treasure hunt' as claimed by... appeared first on AMBCrypto. дальше »

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XRP Suddenly Drops to $0 on Bitrue, 3.1 Trillion SHIB at Risk as Voyager Deal Fails, BONE Scores Fourth Exchange Listing in Days: Crypto News Digest by U.Today

Check out U.Today’s news digest and make sure you are up-to-date with the latest events in the industry! дальше »

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Voyager Legal Team Left Shell-Shocked As Binance.US Walks Away From $1 Billion Acquisition Deal

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Binance US Terminates $1B Voyager Acquisition Deal

Binance.US has decided to pull out of its $1 billion acquisition deal for Voyager, citing a hostile and uncertain regulatory environment. Acquisition Deal Nuked Voyager creditors cant catch a break.... дальше »

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Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal

Creditors can expect to receive between 40 and 65% recoveries, ideally in crypto, a bankruptcy court heard дальше »

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Microsoft Encounters Stumbling Block in Britain Regarding Activision Deal

Coinspeaker Microsoft Encounters Stumbling Block in Britain Regarding Activision Deal Following the CMA's decision to veto the Microsoft-Activision deal in Britain, the computer software giant plans to appeal. дальше »

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FTX to sell LedgerX for $50 million to Miami International Holdings affiliate

Bankrupt crypto exchange FTX has inked a purchase agreement deal with an affiliate of Miami International Holdings to sell digital currency futures and options exchange and clearinghouse LedgerX for $50 million. дальше »

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Binance.US Backs Out on Plans to Acquire Voyager Digital’s Assets

Coinspeaker Binance.US Backs Out on Plans to Acquire Voyager Digital’s Assets Voyager Digital has confirmed it received a deal termination letter from Binance.US. Binance.US Backs Out on Plans to Acquire Voyager Digital’s Assets дальше »

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3.1 Trillion Shiba Inu (SHIB) at Risk as Voyager Deal Fails

$32 million worth of SHIB in limbo after collapse of Voyager deal дальше »

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Binance.US cancels $1b purchase of Voyager

Voyager has turned to Twitter to announce that Binance.US has backed out of its deal to purchase the company's assets.  дальше »

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Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment

The parties got the go-ahead on the deal last week after overcoming several objections, but Binance.US changed its mind.

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Binance.US Walks Away From Voyager, Citing “Hostile and Uncertain” Climate

Binance US had terminated an agreement to purchase the bankrupt crypto broker, Voyager. The deal was only approved on April 19. The post Binance.US Walks Away From Voyager, Citing “Hostile and Uncertain” Climate appeared first on BeInCrypto. дальше »

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Binance's Withdrawal from Voyager Deal Sparks Speculation on CFTC Settlement

Binance.US, facing an uncertain regulatory climate, has terminated its asset purchase agreement with Voyager Digital дальше »

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Genesis Capital Lenders Walk Away From Restructuring Deal

Digital Currency Group (DCG), the owners of bankrupt Genesis, have busted heads with its creditors, according to a statement by DCG. The post Genesis Capital Lenders Walk Away From Restructuring Deal appeared first on BeInCrypto. дальше »

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Binance.US terminates $1 billion deal for Voyager assets

Binance. US has reportedly terminated its deal for assets of Voyager Digital. The $1 billion deal had been approved by a US court. The price of VGX, the native Voyager token, fell more than 10% after the news. дальше »

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Binance.US backs out of Voyager asset purchase deal

Voyager said April 25 that Binance. US no longer intends to go through with the purchase of its assets. The embattled company said Binance. US informed it of the termination of the asset purchase agreement through a letter sent the same day. дальше »

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Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal

The crypto lender said it will return value to customers via direct distribution. дальше »

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Breaking: Binance US terminates deal to acquire Voyager Digital's assets

Binance U.S. walks away from its $1 billion asset acquisition deal from Voyager The exchange claimed that the action was a result of the uncertain regulatory environment in the United States The post Breaking: Binance US terminates deal to acquire Voyager Digital's assets appeared first on AMBCrypto. дальше »

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Can Bitcoin moon to $1,300,000 on 'global reserve' possibility

Recently, China and Brazil struck a deal to abandon the U.S. dollar and trade in their own currencies. In fact, China already has similar currency deals with Russia, Pakistan, and several other countrThe post Can Bitcoin moon to $1,300,000 on 'global reserve' possibility appeared first on AMBCrypto. дальше »

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Near price braces for more sell-off despite the Cosmose AI deal

Near price continued falling on Monday even after inking a major partnership with Cosmose AI, a fast-growing company valued at over $500 million. The Near coin has dropped in the past six straight days and is hovering near the highest level in March this year. дальше »

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First Mover Asia: What's Next After Bitcoin's Retreat

ALSO: CoinDesk columnist David Morris writes that Taylor Swift's avoided the embarrassment of striking a business deal with embattled crypto exchange FTX by reportedly asking the type of common-sense questions that should be part of any business negotiation. дальше »

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How Taylor Swift and Gary Gensler find common ground on cryptocurrencies, and the reasons why Congress opposed their views

The question of whether digital assets should be regulated as securities remains unanswered, despite Taylor Swift’s interest in the matter. Swift concluded that they should be regulated as such, which influenced her decision to turn down an endorsement deal with FTX, a failed crypto exchange. дальше »

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What Taylor Swift Can Teach You About Investing

The megastar reportedly dodged a catastrophic deal with FTX by asking one simple question. дальше »

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"XRP CEO" Reacts to Ripple's Billion-Dollar XRP Business Rumors, Trillions of SHIB May Hit Binance US following Voyager Deal: Crypto News Digest by U.Today

U.Today’s daily news digest keeps you informed of the most important updates in the crypto industry дальше »

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EU Crypto Industry Applauds MiCA – But Looks to What’s Next

A Thursday vote sealed the deal on the long-awaited crypto law, but there’s still plenty of details to settle. дальше »

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Michael Schumacher’s family to pursue legal action over AI interview

The rapid development of AI is undoubtedly causing headaches for legislators and court systems globally as they struggle to deal with the technology. дальше »

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Voyager $1B Deal with Binance.US Closer to Actualization Following Fed Agreement 

Coinspeaker Voyager $1B Deal with Binance. US Closer to Actualization Following Fed Agreement  Binance. US is reportedly closer to acquiring Voyager assets after the UCC secured a deal with the US federal government. дальше »

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Trillions of Shiba Inu (SHIB) Tokens May Hit Major US Exchange Following Voyager Deal

Bankrupt SHIB holder Voyager gets green light for Binance US deal дальше »

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U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed

A new court filing suggests non-contentious elements of the $1 billion deal could go ahead even before an appeal is heard. дальше »

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Voyager’s $1B deal with Binance.US moves forward after deal with Feds

The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward. дальше »

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Safemoon Hacker Strikes Deal With Developers to Return $7.1M

A hacker that exploited decentralized finance (DeFi) protocol Safemoon has agreed to return 80% of the stolen funds valued at $7.1 million, according to on-chain data. дальше »

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Tim Beiko says Shapella upgrade excellent deal for staking 

Tim Beiko recently made a guest on the podcast "Unchained" hosted by Laura Shin, where he highlighted the influence of the Shapella update for ethereum. дальше »

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