Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

FTX Liquidators in Bahamas Move Case From New York to Delaware

FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
November 22, 2022  |  Cryptocurrency

Almost a full two weeks after first filing for bankruptcy on Nov. 11, the insolvent cryptocurrency exchange FTX finally held its first-day motion requests on...

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Crypto Contagion Sends Coins and Companies Tumbling
Crypto Contagion Sends Coins and Companies Tumbling
November 22, 2022  |  Cryptocurrency

FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency...

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Report: Binance CEO Turns to Middle East for Crypto Recovery
Report: Binance CEO Turns to Middle East for Crypto Recovery
November 22, 2022  |  Cryptocurrency

The founder of cryptocurrency exchange Binance met with investors in Abu Dhabi last week to raise money for a recovery fund to help the industry...

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Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
November 22, 2022  |  Cryptocurrency

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm’s cryptocurrency trading.  Get the Full Story...

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FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
November 22, 2022  |  Cryptocurrency

New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously...

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What Regulators Must Do Now in Light of FTX Scandal
What Regulators Must Do Now in Light of FTX Scandal
November 22, 2022  |  Cryptocurrency

How did we not see this coming? That’s the question many people are asking as the hyper-rapid, and potentially rabid, collapse of crypto trading platform FTX...

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Gift Cards Become Instant Payout Option for Global Consumers
Gift Cards Become Instant Payout Option for Global Consumers
November 22, 2022  |  Digital Payments

As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and...

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