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The Securities Commission of the Bahamas (SCB) stated that it held $3.5 billion of the assets of the bankrupt cryptocurrency exchange. According to FTX, this is not true. In November 2022, when the C... Read more
Traditionally, investing money has been done through predictable financial structures like the stock exchange or property trading, and as a result, many of the world’s richest people have been t... Read more
The firm tasked with locking down the assets of the failed crypto exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the possibly billions of dollars l... Read more
Billionaire Warren Buffet’s Berkshire Hathaway Inc. warned investors it has no affiliation with an alleged cryptocurrency brokerage website using the Berkshire Hathaway name. The website descri... Read more
Binance, the world’s largest crypto exchange by volume, said it would back out of a deal with FTX, the third largest crypto exchange by volume. On Tuesday, November 8th, 2022, Binance signed a ... Read more
Crypto goliath Binance signed a nonbinding agreement to buy FTX’s non-US unit to help cover a liquidity crisis, in a spectacular bailout that raised fresh fears among investors about cryptocurre... Read more
Crypto has been past its hype now and arrived in the trough of disillusionment. Can it live up to its expectations? What makes major tech companies still believe in the principles? Should your company... Read more