Cryptocurrency Analysis and News Portal
The Central District of California federal court entered an order Monday to authorize the United States Internal Revenue Service (IRS) to serve a John Doe summons on SFOX, a Los Angeles-based cryptocurrency prime dealer. The IRS filed suit to receive the order, which directs SFOX to reveal the identities of
Read More
BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions. The institution informed that close to 20% of the users of their New Gen accounts, which are available from Switzerland, are Colombians who are attracted by the crypto
Read More
Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than
Read More
Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm's continued public statements. The company has also just been cleared to return $270 million of customer funds held at the Metropolitan
Read More
Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, according to its interim CEO Howard Schultz.Speaking during the firm’s fiscal Q3 earnings call on Tuesday, Schultz noted that Starbucks will soon reveal a new Web3 “digital initiative” that
Read More
"Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who invested with the Voyager cryptocurrency platform would receive FDIC insurance coverage for all funds provided to, held by, on, or with Voyager; and
Read More
“Crypto native” customers might also see this as an easier option, and may not be interested in going through a complicated litigation process, he said. “Let's just get the crypto back, let's get liquid and start trading again. Let's start DeFi-ing [and] yield farming again,” he added, speaking for a
Read More
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy
Read More
FTX is planning to offer early liquidity to customers of bankrupt crypto lender Voyager Digital. The joint proposal comes two weeks after Voyager filed for Chapter 11 bankruptcy. Alameda Ventures, a company controlled by FTX CEO Sam Bankman-Fried, had previously given a loan of $200 million in cash/USDC and 15,000
Read More
Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having
Read More