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Sam Bankman-Fried, the creator of the defunct cryptocurrency exchange FTX, is scheduled to speak on November 30 at the New York Times DealBook Summit. Bankman-Fried revealed on Twitter on November 23 that he will be chatting with Andrew Sorkin, a reporter for The New York Times, “next Wednesday” at the
Kanye West has blamed Adidas for suspending four of his bank accounts, totaling $75 million. And he added that he will meet the former president again in 2024. He stated that his decision was influenced by Adidas reportedly breaking into his bank accounts and locking away all of his money.
Vinci Protocol, a project focused on building an NFT infrastructure where users, developers, and companies are empowered to interact with the NFT space in their unique ways, has raised $2.1M in seed funding led by UOB Venture Management, SigNum Capital, and TGE Capital. The team will use the fund to
One of the most infamous cryptocurrency traders in the world, who boasted last month about pocketing over $100 million in a contentious price manipulation move, seems to have lost millions on a similar exploit effort that failed early Tuesday. On-chain information suggests that Avraham Eisenberg, the trader responsible for the
The U.S. Securities and Exchange Commission (SEC) ordered Goldman Sachs Asset Management to pay $4 million on Tuesday. According to a statement from the SEC, the charges were related to policies and procedures failures involving two mutual funds and one separately managed account strategy which is promoted as Environmental, Social,
Top officials at the defunct exchange FTX run by Sam Bankman-Fried (SBF), as well as his parents, spent $121 million in Bahamas investment. 19 residences in total were bought over two years, according to the investigation. High-end beachfront properties made up the majority of FTX’s acquisitions. Seven condominiums in Albany’s
Genesis Global Capital, a lending division of Genesis Trading, temporarily halted withdrawals at the end of last week. The parent business, Digital Currency Group, said that they made the call because of the “extreme market dislocation” and “loss of industry confidence” that FTX’s collapse created. The corporation promptly applied for
Twitter, the prominent social media has again attained an All-Time High (ATH) number in the daily user stats. The growth of Twitter users has seemingly proliferated post-Elon Musk’s takeover. Musk also shared a detailed graph depicting the numbers starting from October 2nd to November 20th. Twitter added 1.6M daily active
Crypto lender Genesis turned up to clearly state that they have no intention to immediately file for bankruptcy. The Digital Currency Group-owned brokerage declared this through an email statement, as reported by Bloomberg. Genesis opts to do outreach to investors and clients seeking credits for recovery. Genesis spokesperson stated: “We
The Texas State Securities Board began investigating FTX’s operations last month to see whether the exchange’s yield-bearing crypto accounts were providing people with unregistered securities. Since the company’s demise on November 11, the board has dramatically broadened its investigation into the consequences of this multibillion-dollar bankruptcy. Promotions of FTX by celebrities
