-
Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions
Wednesday, November 9, 2022 - 4:19pm | 828Read More...In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleaguered cryptocurrency exchange, out of which $47.5 million is currently being withdrawn. It already hasn't been a great 2022 for...
-
US Regulators Are Investigating FTX Lending, Handling Of Client Funds: Report
Wednesday, November 9, 2022 - 1:16pm | 540Read More...U.S. financial regulators are reportedly looking into whether troubled cryptocurrency exchange FTX appropriately handled customer cash and its connections to other units of Sam Bankman-Fried's crypto businesses. The news comes on the heels of a report that FTX's ...
-
FTX (FTT) May Have Been Pushed To Brink Of Collapse Due To 'Secretive' Alameda Bailout, Says Crypto Analyst
Wednesday, November 9, 2022 - 1:54am | 410Read More...It appears that FTX (CRYPTO: FTT) may have provided a large-scale bailout to Alameda in the second quarter, which could be the reason for its collapse. FTX and Alameda are sister companies owned by Sam Bankman-Fried. What Happened: CoinMetrics research director Lucas Nuzzi posted his analysis on...
-
Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022
Tuesday, November 8, 2022 - 10:19pm | 829Read More...One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over. What Happened: With the collapse of the FTX Token (CRYPTO: FTT) and a significant drop in cryptocurrencies Tuesday, many companies related to the sector saw their own...
-
Crypto Worth $200M Will Be Returned To Voyager Digital By Sam Bankman-Fried's Alameda Research
Tuesday, September 20, 2022 - 11:51am | 521Read More...Alameda Research, a quantitative trading firm founded by Sam Bankman-Fried, is anticipated to give about $200 million back to Voyager Digital (OTC: VYGVQ), which filed for bankruptcy earlier this year. In September 2021, Alameda borrowed almost $380 million in cryptos from the beleaguered firm...
-
'Low-Ball Bid': Bankrupt Voyager Rejects Sam Bankman-Fried Firms' Buyout Offer
Monday, July 25, 2022 - 12:49am | 600Read More...Voyager Digital Ltd (OTC: VYGVQ) has rejected an offer from Sam Bankman-Fried-owned firms FTX and Alameda Research to jointly buy out the bankrupt firm. What Happened: In a rejection letter filed on behalf of Voyager on July 24, the firm’s...
-
Crypto Broker Voyager Digital Secures $485M Loan From Bankman-Fried's Alameda
Saturday, June 18, 2022 - 9:43am | 264Read More...Crypto broker firm Voyager Digital Ltd (OTC: VYGVF) has signed a deal with Alameda Research, a quant trading firm from FTX founder Sam Bankman-Fried, to secure a credit facility to safeguard its customers' assets in line with the current market volatility, Bloomberg reports...
-
EXCLUSIVE: FTX CEO Sam Bankman-Fried On Regulation, Tokenization, Building 'A Global Liquidity Venue'
Wednesday, December 22, 2021 - 8:30am | 1316Read More...One would think that a deep passion for something as nuanced as blockchain and cryptocurrency would be requisite for success in such space. That’s not really the case, according to Sam Bankman-Fried, the 29-year-old billionaire co-founder of FTX and Alameda Research. Bankman-Fried’...
-
Voyager Digital Surges After Bagging $75M From Alameda Research To Make Crypto More Accessible
Friday, October 29, 2021 - 10:27am | 420Read More...Crypto-asset platform Voyager Digital Ltd (OTCQB: VYGVF) on Thursday secured $75 million from Alameda Research. What Happened: Voyager, which offers investors execution, data, wallet and custody services through its institutional-grade digital assets platform, entered into a strategic alliance...
-
Solana-Powered TikTok Challenger Chingari Raises $19M
Friday, October 8, 2021 - 12:48pm | 371Read More...Chingari, an Indian challenger to short video sharing platform TikTok, raised $19 million from venture funds, companies and individual investors. The company is powered by the Solana (CRYPTO: SOL) blockchain. See Also: HOW HIGH CAN SOLANA GO? What Happened: According...
-
Fintech Focus For April 14, 2021
Tuesday, April 13, 2021 - 7:11pm | 2012Read More...Quote To Start The Day: “I think smart money understands that, although volatility has contracted a lot in these last two months, we are still seeing signs of excess market fragility appear from many different angles.” Source: Kris Sidial One Big Thing In Fintech: ConsenSys, a key...
-
Fintech Focus For February 4, 2021
Wednesday, February 3, 2021 - 7:32pm | 1893Read More...Quote To Start The Day: We can do anything we want to do if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Seedrs and Crowdcube were created as forward-thinking Fintechs leveraging technology to match investors with private firms in a sector traditionally dominated by...
-
Fintech Focus For November 20, 2020
Thursday, November 19, 2020 - 7:41pm | 2302Read More...Quote Of The Day: Love yourself first and everything else falls into line. You really have to love yourself to get anything done in this world. - Lucille Ball Fintech Movers: Cashless payments were on the rise before the pandemic hit, and now, eight months into its grip on the U.S., their use is...
-
Unpacking DeFi And The Significance Of SushiSwap
Wednesday, September 16, 2020 - 7:05am | 705Read More...On Sept. 9, SushiSwap, a Uniswap fork, completed a transfer of over $1 billion in liquidity from Uniswap. The hostile takeover of Uniswap liquidity is a milestone in digital finance and marks the introduction of a model that could replicate market making, borrowing, lending, and exchanging...












