Anthony Scaramucci, is the managing partner of SkyBridge Capital and a close friend of FTX founder, Sam Bankman-Fried. All of sudden there is a huge crack in their friendship and Scaramucci reveals it out in public. Yesterday, Scaramucci attended a Casper Lab’s Blockchain Hub event as a speaker in Davos,
As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC) and the cryptocurrency exchange CoinFlex, respectively, are looking to raise $25 million to start a new exchange called GTX. Bankrupt crypto businesses including Mt. Gox, Celsius, BlockFi, and the most
Solana, whose value dropped by more than 80% in only one year, is enjoying a banner year in 2023. According to CMC, the price of SOL has increased by more than 58 percent in the previous week, bringing the total price increase for the month to more than $23.70. In
When it comes to Bitcoin and other digital currencies, the Reserve Bank of India (RBI) has issued a strong warning. Governor of the Reserve Bank of India Shaktikanta Das said, in light of the FTX disaster, that such illiquid instruments “are nothing but gambling” and that their apparent value is
Similar to the withdrawal panic that plagued many exchanges last year. Nexo, a cryptocurrency lender, is experiencing difficulties after Thursday’s raid of its headquarters. Nexo is reportedly being investigated by the attorney general of Bulgaria. And another 300 investigators from different authorities, as was reported on January 12, 2023. Moreover,
With the decentralized exchange (DEX) PancakeSwap’s decision to continue its multichain deployment on the Aptos blockchain, the price of Aptos (APT), a Layer 1 proof-of-stake (PoS) blockchain, has increased. According to CoinMarketCap, APT was trading for $7.45, up 7% from the previous day. In the meanwhile, APT’s price increased by
The global cryptocurrency Subsequent weeks of sustained selling is currently experiencing buying pressure. The market’s acceleration has sparke by gains in assets such as Bitcoin (BTC). Which is making new highs day after day after facing consistent lows and reclaiming previous experiences. At the time of writing, the global market
For many traditional banks, bridging the divide between digital and fiat currencies is a top concern as the crypto industry continues to enter the mainstream. Huobi, a cryptocurrency exchange, has announced that it would create a cryptocurrency-to-fiat debit card in collaboration with Solaris, a European financial services company. Because Visa
Poor market circumstances and recent industry developments, according to Crypto.com co-founder and CEO Kris Marszalek, have prompted a fresh round of layoffs that will lower the company’s worldwide workforce by another 20%. In a corporate update on January 13, Marszalek remarked: “Today we made the difficult decision to reduce our
United States District Court of the Southern District of New York judge requested the identities of the two people who guaranteed the $250 million bail bond for former FTX CEO Sam Bankman-Fried ‘SBF.’ According to U.S. attorney Lewis Kaplan’s Jan 12 letter, prominent media organizations such as Bloomberg, the Financial
