Sam Bankman-Fried reportedly received a loan from his quantitative trading firm Alameda Research, to facilitate the purchase of his stake in American stock brokerage firm Robinhood Markets. This development involving the former FTX CEO comes a week after he was released on a $250 million bail bond. $546 million loan from Alameda Research According to […]
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation experience. Gumi Raises $52.7 Million in Metaverse-Driven Alliance […]
SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction
The crypto community was not happy with the news that Big Short writer Michael Lewis met with the former FTX CEO.
Is Solana On the Verge of Major Collapse in 2023? Decoding the Possibility
The post Is Solana On the Verge of Major Collapse in 2023? Decoding the Possibility appeared first on Coinpedia Fintech News In the middle of an already challenging year, the FTX crash has made things much more tough for Solana, and many in the cryptocurrency industry seem to believe that the project will ultimately fail. […]
FTX clients indirectly funded Alameda Research through “electronics retailer” North Dimension
North Dimension, a company to which FTX directed customers to wire money, is reportedly a mysterious, fake electronics retail entity used as a proxy for funding Alameda Research.
Trump and Prince Andrew Judge Will Preside Over SBF Case
Sam Bankman-Fried will soon face federal charges, and the same judge who oversaw legal actions against Prince Andrew and Donald Trump will preside over the trial. On Monday, U.S. District Judge Lewis Kaplan took over for Ronnie Abrams, who had recused herself because of a potential conflict of interest. Virginia Giuffre accused Prince Andrew, Duke […]
Bitcoin cumulative transfer volume exceeds $100 trillion milestone
Bitcoin’s cumulative transfer volume (CTV) exceeded $100 trillion in recent weeks, coming in at $105 trillion at present, according to Glassnode data. CTV refers to the accrued monetary value of transactions settled on a particular network. As a measure of activity, it can be used to gauge adoption and pinpoint adoption trends. Bitcoin cumulative transfer […]
US authorities charges Mango Market exploiter with fraud
United States prosecutors on Monday filed criminal charges of commodities fraud and manipulation against Avraham Eisenberg for allegedly trying to steal $110 million from Mango Markets, a DeFi protocol.
TRON DAO Joins The Enterprise Ethereum Alliance
[PRESS RELEASE – Geneva, Switzerland, 27th December 2022] TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, today announced that it has joined the Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will collaborate with EEA and its members, the leading business adopters, innovators […]
Mango Markets hacker arrested in Puerto Rico, details inside
Avraham Eisenberg, the man responsible for the exploitation of Mango Markets, has been arrested in Puerto Rico. The self-proclaimed game theorist led a $110 million exploit on the decentralized exchange back in October. FBI brings criminal charges against Eisenberg According to a recently unsealed filing made with the Southern District of New York, the Federal […]