MicroStrategy Chair Michael Saylor called out former FTX CEO Sam Bankman-Fried (SBF) for “committing the sin of sh*tcoinary.” It has been a month since the FTX run resulted in the platform filing bankruptcy and the firm’s inner workings were laid bare. Much has happened during this time, but the underlying problem remains a $3.1 billion…
In order to resolve the ongoing issues and redeem funds for its earn users, Gemini has formed an ad hoc committee with other creditors. Earn Update: On Saturday (December 3, 2022), Gemini formed an ad hoc committee with other creditors (Creditor Committee) to coordinate efforts and advocate together for a resolution. — Cameron Winklevoss (@cameron)…
Kucoin Exchange Company in Africa KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies which was launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users across 207 countries and regions around the world. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with 24/7 multi-language customer services. Learn More…
According to the on-chain data and analytics provider, CryptoQuant, the Coinbase Premium Index has turned green for the first time since the fallout of the FTX collapse. As an indicator that shows a sign of “whale accumulation,” Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT pair. “For example. when the…
In contrast to Sam Bankman Fried’s recent claims that he wasn’t aware of Alameda’s position, Forbes recently released its communication with SBF when drafting their billionaires’ list, indicating that he was well versed in Alameda’s finances. During his recent interview with the New York Times, the ex-CEO said Alameda made risky investments on the FTX…
Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is working to make funds available to their customers. FTX as a whole suspended its withdrawal services on Nov. 8. The new FTX trading management team has approved the plan to resume withdrawal services for…
Celsius Network Lending, Technology Company in Europe, North America Celsius Network was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. Learn More Info Twitter LinkedIn
Crypto exchanges can earn revenue through various means, including lending to margin traders, liquidation fees, and on/off ramping charges. However, the core revenue generator remains taking a fee on transactions. There are multiple types of transactions and, therefore, many types of transaction fees. When comparing different transaction fees on the Bitcoin and Ethereum chains, the…
XeggeX Exchange Company in Europe XeggeX is a full service cryptocurrency exchange service of Dokdo Global which runs on some of the fastest servers in the industry and include comprehensive DDoS Mitigation to protect us and guarantee up-time stability. Learn More Info Twitter
Former FTX CEO Sam Bankman-Fried (SBF) gave his first interview with “citizen journalist” Tiffany Fong post-collapse. The pair discussed multiple aspects of the FTX saga, including the “backdoor,” FTT as collateral, and his regrets. But of particular interest were SBF’s comments on dark money donations made to Republican politicians. It is widely known SBF was…