• FTX debtors revealed a $6.8 billion hole in their balance sheet when they filed for bankruptcy protection. • The presentation revealed that FTX owes funds to vendors, counterparties, and unpaid invoices. • Advisers concluded that when FTX filed for bankruptcy, the companies had a gap of $6.8 billion in their balance sheet. FTX Debtors …
FTX Debtors Uncover $6.8B Hole in Balance Sheet, Payments to Insiders Read More »
• Rich Dad Poor Dad author Robert Kiyosaki claims that another bank is set to crash, following the closure of Silicon Valley Bank and Silvergate Bank. • Kiyosaki has advised purchasing gold and silver, and warns against investing in stocks, bonds, or mutual funds. • He also recommends bitcoin as an investment, predicting it will …
Robert Kiyosaki Predicts Bank #3 to Crash: Buy Gold & Silver Now! Read More »
• Pancakeswap announced the launch of version 3 (v3) iteration of the platform in April 2023. • The new version will provide new features and improve liquidity with enhancements in interface accessibility and yield farming experience. • Pancakeswap is offering an early supporter program with $135,000 worth of CAKE to reward users. Decentralized Exchange Pancakeswap …
Pancakeswap Launches V3: Improved Liquidity, Trading Incentives, and Yield Farming Read More »
• U.S. Treasury Secretary Janet Yellen spoke about the importance of a strong regulatory framework for crypto on the sidelines of the G20 meeting. • India asked the IMF and FSB to develop a paper on crypto to help formulate a policy approach. • Kristalina Georgieva, Managing Director at IMF, said that crypto needs more …
Yellen Urges Strong Crypto Regulation: ‚We Haven’t Suggested Outright Banning‘ Read More »
BitFuFu Launches ANTMINER Coupons Trading Function BitFuFu has launched a formal platform for global miner investors to communicate, trade, and circulate ANTMINER coupons. The platform creates a secure and transparent trading platform for ANTMINER coupons trading and verification. The launch of the trading platform will provide convenience for new investors to enter the mining industry. …
BitFuFu Launches ANTMINER Coupons Trading: Improve Mining Efficiency Now! Read More »
• Meta, the social media company, may be looking to trim more of its workforce in the near future. • The move is affecting the morale of employees and disrupting operational output. • Meta has declared that the metaverse is still one of its main focuses in the long term and will continue to invest …
Meta Prepares for Layoffs: 11,000 Employees Affected Read More »
• Ethereum’s liquid staking trend has seen tremendous growth, with the total value locked (TVL) in 11 Ethereum-based liquid staking protocols reaching over $11 billion. • Lido holds 73% of the total value locked, while Coinbase has 15.72%, Rocket Pool 10.71%, and Frax Ether 76.73%. • Stakewise is the fifth-largest liquid staker, with 84,481 ether …
Ethereum Liquid Staking Surges: 5 Platforms Control 97% of Market Read More »
• Finder’s survey of crypto and fintech experts predicts ethereum will reach a peak of $2,474 per token and end the year at $2,184 per unit in 2023. • 24% of panelists believe ETH will surpass bitcoin by 2025. • 30-day statistics show ETH has risen more than 32% against the U.S. dollar and is …
Experts Bullish on Ethereum, Predictions Show Peak of $2,474 Per Token Read More »
• Unredacted documents indicate that Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. • The documents show that Blockfi had $415.9 million connected to FTX and roughly $831.3 million in loans to Alameda Research. • Blockfi co-founder Flori Marquez noted that Blockfi had a „$400 million line of credit from …
Blockfi Had $1.2B Tied Up With FTX and Alameda Research Before Bankruptcy Read More »
• Brazil and Argentina are studying to issue a common currency in Latam. • This currency would be used to settle cross-border payments between the two countries and also countries from BRICS and Mercosur. • President of Brazil Luis Inacio Lula Da Silva and Argentina’s Alberto Fernandez want to reduce dependence on the U.S. dollar …
Brazil & Argentina Eye Common Currency To Cut U.S. Dollar Dependence Read More »