March 18, 2023 FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany…
March 18, 2023 What are the Howey test and its implications for cryptocurrency? The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more. What is the Howey test? The Howey test is a…
March 18, 2023 Biggest Movers: ETC up 12%, as SOL Nears 1-Month High Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The global market cap is…
March 18, 2023 Cardano’s weekly development update has interesting insights for traders Cardano’s weekly development report highlighted efforts made by developers over the last week. On-chain performance remained decent, and price action turned bullish. Cardano’s [ADA]…
March 18, 2023 USDC in circulation fell over 10% since de-peg event The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion USDC stablecoins from circulation…
March 18, 2023 Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,800 as BTC Nears $28,000 Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to inject $300 billion into…
March 18, 2023 Ethereum hits six-month high as sharks, whales play dump and catch Whales have been on a dumping spree in the past year, while sharks have been scooping up. ETH’s price is over $1,700 for the…
March 18, 2023 Sam Bankman-Fried to propose revised bail package ‘by next week’ The move comes after Kaplan expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network (VPN) services while out on bail. The…
March 18, 2023 FTX debtors report $11.6 billion in claims and $4.8 billion in assets Debtors reported that FTX silos held $4 billion in scheduled assets and $11.6 billion in scheduled claims as of Nov 2022. The presentation showed…
March 18, 2023 Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According…