The company will continue mining cryptocurrency to pay off creditors
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Mining
Dec 21, 2022
Media: bitcoin miner Core Scientific will file for bankruptcyThe company will continue mining cryptocurrency to pay off creditors
Incidents
Dec 21, 2022
Bloomberg reports on the extradition of the ex-CEO of FTX to the US on December 21Sam Bankman-Fried is to fly out of the Bahamas accompanied by FBI agents
Market
Dec 20, 2022
BlockFi files motion to allow users to withdraw funds from the platformThe appeal will not affect withdrawals or transfers from interest-bearing accounts, which also remain unavailable at the moment
Market
Dec 20, 2022
Binance.US reports having hundreds of millions of dollars to buy distressed companiesThe exchange is considering several firms for mergers or acquisitions at once
Politics
Dec 19, 2022
US senator proposes to ban cryptocurrenciesAccording to Sherrod Brown, cryptocurrencies exacerbate the current threats to national security
Market
Dec 16, 2022
Customers of the bankrupt exchange FTX will receive from 10% to 35% of the lost fundsInvestment bank Jefferies Financial believes that payments to lawyers in the lawsuit could range from $500 million to $1 billion
Incidents
Dec 15, 2022
FTX’s senior executive warns Bahamian authorities about fraud two days before the bankruptcy of the exchangeAccording to Ryan Salame, the assets were to cover the financial losses of the trading firm associated with the platform, Alameda Research
Incidents
Dec 15, 2022
US senators suspect Binance of ties with the Communist Party of ChinaThe exchange’s CEO Changpeng Zhao previously denied such accusations, pointing out that he is a Canadian citizen, and the platform does not do business in the PRC
Incidents
Dec 15, 2022
SEC accuses Twitter and Discord Influencers of $100 million fraudThe group artificially inflated the value of small-cap stocks by promoting them to subscribers
Market
Dec 15, 2022
MetaMask developer becomes PayPal partnerThe service will initially be available only to selected users of the payment system in the US
Incidents
Dec 14, 2022
US regulator accuses FTX of giving Alameda an unfair “speed advantage” when making dealsThe Commodity Futures Trading Commission believes that bypassing the exchange’s internal systems allowed the company to execute orders more quickly
Politics
Dec 14, 2022
White House declines to answer a question about donations from the ex-CEO of FTXSpokeswoman Karine Jean-Pierre referred to the Hatch Act prohibiting her from reporting such information