FTX CEO hints Nishad Singh should remain free to assist bankruptcy case
John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors.
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Improbable sells gaming venture for $97M, shares 2024 metaverse predictions
The metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024. Metaverse technology company Improbable announced in an end-of-the-year statement on Dec. 18 that it had sold its gaming venture, The Multiplayer Group (MPG), to Keywords Studios for £76.5 million ($97.1 million).Herman Narula, co-founder and CEO of
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The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX CEO and co-founder Sam Bankman-Fried…
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Algorand Partnership Offers Integrated Accounting to Token Holders
Verady will integrate ALGO onto its crypto taxation platform Ledgible. Crypto tax provider Verady has announced a partnership with Algorand (ALGO) to offer integrated accounting to ALGO holders.Verady also revealed that its technology is being used by Algorand and Blockchain.com for their internal accounting and auditing.Verady integrates ALGO into tax platformSpeaking to Cointelegraph, Verady’s co-founder and chief…
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Telegram Attacks Apple, Musk on Crypto, WEF Debrief: Hodler’s Digest, Jan 20–26
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Commonwealth Bank of Australia Ships 17 Tons of Almonds to Europe With Blockchain
The Commonwealth Bank of Australia (CBA) has announced the completion of a successful trade using its new blockchain platform, according to its July 30 press release. In a collaborative effort involving five domestic and international “supply chain leaders,” the bank used blockchain to track a shipment of 17 tons of almonds from Melbourne to Hamburg,…
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Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.
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Bitcoin Miners Will ‘Defend’ Price Above $6,500 Ahead of Halving: Analyst
Bitcoin (BTC) miners want to coordinate the market in order to maximize revenue as the 2020 block reward halving nears.Are miner’s controlling the market?That was the conclusion of a new Bitcoin price analysis by popular trader Filb Filb as BTC/USD neared $9,000 on July 17. The largest cryptocurrency saw considerable downward pressure this week following a…
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Many stocks of publicly traded firms that are exposed to Bitcoin have suffered significant drawdowns this month. 19235 Total views 3 Total shares The fallout from this month’s violent crypto market meltdown appears to have flowed into the stock markets, with publicly listed firms with exposure to crypto assets seeing significant losses during May.The month…