Cryptocurrency Analysis and News Portal
Recent concerns regarding AGI token have been expressed on Twitter by a user going by the handle @AegisWeb3 who claims it was developed by a platform with a history of producing fraudulent tokens. Scam token warning The tweet claims that CoinFactory, a platform that has purportedly produced 61 fake tokens in the
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Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have cast doubt on the figures and methodology. The Divly report published on April 5 came up with the estimate after
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The bankruptcy claims exchange co-founded by failed Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, OPNX has posted minimal trading volume since going live on Tuesday. The exchange's native token, FLEX, is is down by 28% in the past 24 hours. Original Source
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Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have on inflation
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Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX.Both Zhu and Davies retweeted the April 4 launch announcement from OPNX chief executive officer Leslie Lamb, who said the exchange was open to
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Zhu Su and Kyle Davies, the founders of bankrupt hedge fund Three Arrows Capital, last month teamed with the co-founders of troubled crypto exchange CoinFLEX to create Open Exchange, calling it the "world's first public marketplace for crypto claims trading and derivatives," as CoinDesk reported. Source
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According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally
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Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the collapse of crypto exchange FTX. Bundchen claimed that she only invested in FTX because her financial advisors recommended it. Bundchen and Brady’s Shareholding in FTX Gisele Bundchen, a fashion model and
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The debtors in FTX’s bankruptcy case hreported the various company silos had more than $4 billion in scheduled assets as of November 2022, but said they were still investigating the firm's crypto holdings.In a March 17 filing with United States Bankruptcy Court for the District of Delaware, FTX debtors submitted
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The company wants to sell off its business after filing for bankruptcy on Jan. 19. Source
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