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Mashinsky had already put his Austin, Texas property that was acquired in 2021 with Celsius proceeds, on sale for about $2.49 million. The former Celsius Chief Executive Officer (CEO) Alex Mashinsky faces more financial hurdles after United States Judge Jed S. Rakoff ordered his assets to be frozen as the criminal
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX, the defunct crypto exchange, has been consolidating coins as part of efforts to settle over $8 billion in debt owed to customers and creditors following its bankruptcy in November 2022. The bankrupt exchange is in the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two Binance executives announced they were leaving the company amid the rumors of the major exchange possibly exiting Russia. Binance’s head of Eastern Europe and CIS, including Russia, Gleb Kostarev, announced in a Sept. 6 LinkedIn
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Silvergate CEO Alan Lane and two other key executives are set to depart from their positions amid a wind-down of the once crypto-friendly bank.Lane and the firm’s chief legal officer John Bonino will depart on Aug. 15, while Antonio Martino, chief financial officer of the company, will depart on Sept.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market is in the spotlight due to recent developments. Notably, HEX and PULSE are deep in red following charges filed by the United States Securities and Exchange Commission (SEC) against Richard Schueler, known online
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Zcash (ZEC) and Aptos (APT) are sliding while Pomerdoge (POMD) has been firm and drawing investor interest. Notably, POMD prices have doubled as more analysts monitor the project’s progress. Zcash under pressure ZEC remains under pressure and is
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Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said in a social media post that the attack currently "puts all funds at risk." The app's total value locked (TVL) has plummeted as a result of the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Optimism (OP) fell and lost over 5% in early August. On the other hand, Polkadot (DOT) remains in a tight trade range. Meanwhile, investors are analyzing a new crypto project, Borroe, currently conducting its presale. Borroe raised $250,000 in
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Genesis had emerged as the largest unsecured creditor of FTX and its affiliated companies, with $226.3 million owed, according to a January court filing that includes a list of major creditors. In parallel, FTX also claimed that Genesis owed nearly $4 billion, later reduced to $2 billion, which Genesis has
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Decentralized Finance (DeFi) protocol Tres Finance warned the community about a scam that involves fake tokens designed to mimic legitimate transactions.In an interview, Tres Finance co-founder Tal Zackon and the company’s technical lead Idan David shared the details of a scam using fraudulent transactions that imitate legitimate ones. According to
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