Cryptocurrency Analysis and News Portal
Tether CEO Paolo Ardoino said a recent massive mint at the company’s treasury was intended for inventory purposes, while crypto proponents surmised a bullish thesis due to whale activity with USDT. Whale Alert pointed to $1 billion USDT minted at Tether’s treasury on Nov. 22, propelling chatter among proponents around inflows
Read More
The couple purchased 4 real estate properties and also sent 4 million AUD to Malaysian bank. Melbourne-based couple who accidentally got $10.5 million shall be facing a plea trial in October amid theft charges for spending all the funds that were mistakenly sent by Crypto.com. In May 2021, Thevamanogari Manivel initiated a
Read More
United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the country’s top tax authority.On July 31, the Internal Revenue Service (IRS) issued Revenue Ruling 2023-14, giving clarification about how income earned from staking digital assets should
Read More
South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent 9 billion won ($7 billion) to Kim & Chang — a top South Korean law firm — right before the spectacular collapse of the Terra ecosystem. Kwon’s decision to send millions to the law firm was flagged by prosecutors as a
Read More
FTX and Alameda Research's former top brass received $3.2 billion in payments and loans from FTX-linked entities, according to the FTX administrators handling the firm's restructuring.FTX, now helmed by CEO John Ray III, has been tracking missing funds from the exchange since its collapse, which it estimates to be $8.9
Read More
The rumor sparked panic on crypto Twitter, however, and it quickly spread across the Colorado convention hall where ETHDenver, one of the year’s largest crypto industry gatherings, was underway. The rumors, if proven true, would suggest that the SEC is ramping up scrutiny of Ethereum and crypto staking. Source
Read More
The document dated May 13, 2022, gave Three Arrows Capital's NAV as just under $2.4 billion. The fund filed for Chapter 15 bankruptcy in New York on July 1. The call took place Feb. 28, 2022, and lasted either 30 minutes, according to Voyager Chief Commercial Officer Jon Brosnahan, or
Read More
The trading platform also received similar subpoena requests from the California Attorney General’s office. Source
Read More
On Sunday, FTX Group said it is sending “confidential letters” to politicians and other political beneficiaries of Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month. In a press release the debtors said they “reserve the right” to try and force
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More