Kevin O’Leary, of “Shark Tank,” has given his thoughts on the cryptocurrency market after the SEC has taken many enforcement actions. The Shark Tank star tweeted: “Venture funding for new crypto projects is virtually dead and aftermarket trading for existing projects is at massive discounts. Reason? The regulator is now
After charges were hurled against the FTX’s former CEO, Sam Bankman-Fried, the ailing cryptocurrency exchange has gotten involved in controversies and scandals. In spite of the termination of its services on November 8, FTX Japan, the exchange’s Japanese branch, has lately indicated that it would respect withdrawals of client cash.
After a deep bearish trough since the start of February, Solana (SOL) transitioned to an uptrend exhibiting a 12% surge in the last 24 hours. SOL’s price has jumped from $23.64 to $26.64 at press time. According to data, SOL laid down four consecutive green candles to exhibit its uptrend.
On Monday, Judge John T. Dorsey of the Delaware Bankruptcy Court approved the discharge of FTX’s Turkish firms from the U.S. bankruptcy proceedings of the defunct exchange. Last month, FTX asked for this order to be signed, stating that the Turkish firms should be excluded since their inclusion is “not
On Wednesday, Robinhood Markets announced that it will attempt to buy back shares. Acquired by former FTX CEO Sam Bankman-Fried, Whose 7.6% ownership in the firm is still a contentious aspect. In both Bankman-Fried’s criminal prosecution and the bankrupt exchange’s bankruptcy. On an earnings discussion with investors and analysts. CEO
After millions were sent to politicians and action committees by FTX’s founder and former CEO Sam Bankman-Fried (SBF) or others in his administration. FTX said Sunday that the insolvent crypto exchange wanted its money back. Newly assigned to monitor the Chapter 11 bankruptcy of the FTX after its collapse in
Binance, the biggest cryptocurrency exchange, and the Agency for Innovation and Technology of Georgia (GITA) have signed a memorandum of understanding. The two groups want to collaborate on blockchain-related educational and community projects. As well as the growth of the cryptocurrency industry in the country as a whole. CEO of
BitMEX founder Arthur Hayes said on Saturday that the founders of Three Arrows Capital, Kyle Davies and Zhu Su, and CoinFLEX, Mark Lamb and Sudhu Arumugam, have successfully secured funding for their new cryptocurrency exchange GTX. By the end of February, the exchange’s founders want to have marketed themselves, as
Since being of 2023, the global crypto market witnessing a bullish trend. As the prolonged bearish cryptocurrency, League Of Kingdoms’ governance token LOKA, trading with the fifth week of ‘green candle’. At the time of writing, LOKA traded at $0.930328, with a price surge of over 70% in the last
The crypto sector is still feeling the after-effects of the FTX fiasco with several firms laying off staff trying to cut down expenses. One of the greatest scams in history has allowed the SEC to take a stringent approach toward the crypto sector. Now according to FEC documents, many high-ranking
