Thu, March 28

Search Results for: crypto winter

Defunct FTX and Alameda Research Transfer $22M Worth of Crypto

According to blockchain research company Lookonchain, $22 million worth of digital assets have been transferred by defunct crypto exchange FTX and its subsidiary Alameda Research. After filing for bankruptcy, the new team of FTX and Alameda Research wasted no time and sent large sums to major exchanges. The business has

December 4, 2023 1 min read

FTX and Alameda Research Move $10.8 Million Worth of Cryptocurrencies

Using eight different cryptocurrencies, wallets associated with the now-defunct FTX exchange and its subsidiary Alameda Research sent $10.8 million to Binance, Coinbase, and Wintermute accounts. Spot On Chain, a blockchain research organization, saw the transaction and estimated that the organizations had moved $551 million using 59 distinct cryptocurrency tokens since

December 1, 2023 1 min read

Chia Network CEO Gene Hoffman to Speak at Financial Times’ Crypto and Digital Assets Summit

Leading blockchain expert will join regulators, industry leaders, and banking executives to discuss digital assets’ role in the global financial system in 2024 and beyond LONDON & SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Chia Network, Inc. (“Chia” or the “Company”), founded by Bram Cohen to provide an open-source, public blockchain optimized for

November 9, 2023 2 mins read

FTX and Alameda Research Transfer $27.2M Worth of Cryptocurrencies

On October 31st, defunct FTX and Alameda Research reportedly moved assets valued at $27.2 million, as shown by data presented by Lookonchain, a data analytics platform. The majority, $17.93M, was held in RNDR, followed by $4.7M in SOL, $2M in ETH, and $1.18M in MKR. More than $1.12 million worth

October 31, 2023 1 min read

Yuga Labs Announces Launch of Official Book on CryptoPunks

CryptoPunks, which launched six years ago and sparked the NFT art trend while also serving as a blueprint for several subsequent other initiatives, is publishing its own official book. Yuga Labs, the owner of the CryptoPunks IP, has announced a new collaboration with Zak Group, the design company behind Nike’s

June 24, 2023 1 min read

Celsius Creditors Blame Wintermute for Assisting Wash Trading

The bankrupt cryptocurrency lending platform has leveled allegations against Wintermute, a prominent crypto market maker. Claiming that they actively participated in price manipulation of CEL tokens by facilitating “wash trading” in collaboration with Celsius executives. The latest development in the legal proceedings showcases, Celsius creditors amending their lawsuit in the

June 24, 2023 1 min read

Crypto Payments Company Wyre Announces Shutdown

After almost a decade in business, San Francisco’s Wyre, a cryptocurrency payments startup, has announced shutdown, citing the problems of the crypto winter rather than any strong “regulatory agency direction” in the U.S. On June 16th, the firm said it will be shutting down in order to “protect the best

June 17, 2023 1 min read