On Friday, federal prosecutors wrote to U.S. District Judge Lewis Kaplan, asking him to modify Sam Bankman-Fried’s bail to include a ban on personal communications with current and former FTX employees and from and Alameda research. The request from the Department of Justice (DOJ) comes after Bankman-Fried contacted at least one FTX employee – identified […]
The emails obtained by CoinDesk shed more light on the ongoing debate over the undisputed rights of WazirX, India’s largest crypto exchange. In November 2019, WazirX’s ownership was undisputed: Binance, the world’s largest crypto exchange, published a blog post saying it had bought the Indian exchange. WazirX executives have already spoken publicly about the acquisition. […]
The ETH/BTC currency is down 8% since Jan. 11, as the value of bitcoin increasingly appears more than that of ether; BTC is hovering around $23,000 in Monday’s trading. Bitcoin broke from a high of $23,000 on Monday before falling back below that threshold in a repeated performance over the weekend that continued to reflect […]
MORE: Crypto bank Silvergate reports $1 billion loss in fourth quarter. Stocks closed mixed on Q4 earnings reports from major banks. More than one in three of the 535 US ambassadors and representatives showed up to a new session on the FTX wallet, after receiving media support from one of the leaders of the crypto […]
Binance will allow institutional investors to keep their paid crypto for leveraged positions, off the platform. The change will allow investors to enter into contracts with Binance Custody, which will hold assets on the Internet, in a cold storage wallet, Binance said in a statement on Monday. Once the transaction is closed, the assets will […]
The U.S. Securities and Exchange Commission announced a complaint that FTX is hiring New York law firm Sullivan and Cromwell, citing conflicts of interest in its past business, in a January 13 legal filing. The complaint echoes the one filed by members of the United States Senate against the founder of the crypto exchange, Sam […]
Bitcoin (BTC)’s 2023 rally continues, with the crypto now above $20,000 for the first time since the FTX crash in early November. The largest cryptocurrency by market cap started the week near the $17,000 mark after hovering around $16,000 since mid-December. Currently at $20,250, bitcoin has gained more than 20% in the first two weeks […]
Over the past few weeks, the Shiba inu-themed token has taken center stage in the Solana ecosystem as the idea around the blockchain network gained traction following the Sam Bankman-Fried debacle at FTX. CoinDesk’s Shaurya Malwa takes a look at Bonk Inu. Bonk Inu, a project with a cute dog that uses a bat as […]
The Chicago-based trading group disclosed in a securities filing with the Exchange Commission on Tuesday that it owns nearly 1.3 million shares of MicroStrategy (MSTR), representing 13.5% of the company, or a dollar value of approximately $237 million at MSTR’s current price. of $188 per share. The owner of more than 132,500 bitcoins (BTC), MicroStrategy […]
Gala Games token GALA stumbled after blockchain-based gaming platform Gala Games deleted a tweet announcing its partnership with a top Hollywood star. Monday’s tweet that the company is working with Dwayne “The Rock” Johnson and Mark Wahlberg helped raise GALA more than 70% to around 5 US cents, the highest since September 13, according to […]