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FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse

FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed. дальше »

2023-11-12 01:17


Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance

A recent keynote address by American entrepreneur and early Bitcoin adopter Erik Voorhees has ignited a debate regarding the intersection of democracy and cryptocurrency adoption. However, according to senior staff software engineer at Coinbase, Yuga Cohler, while engaging, Voorhees’ speech presents an overly simplistic and potentially damaging viewpoint that may impede rather than encourage the […] The post Industry insiders challenge Voorhees ‘cryptocurrency over democracy’ stance appeared first on CryptoSlate. дальше »

2023-9-18 11:15


PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto

PayPal intends to continue its push into the crypto industry by integrating its newly launched stablecoin PYUSD with the decentralized finance (DeFi) ecosystem. PayPal’s senior vice president of blockchain, crypto, and digital currencies, Jose Fernandez da Ponte, said during an appearance on the Unchained Podcast that the firm wants its stablecoin to be useable for […] The post PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto appeared first on CryptoSlate. дальше »

2023-8-14 06:00