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Binance CEO Changpeng “CZ” Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman-Fried (SBF) for a futures crypto exchange in March 2019, according to an excerpt from Michael Lewis’ book Going Infinite: The Rise and Fall of a New Tycoon.According to the book, SBF proposed a
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“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said Tuesday. “It contends the SEC blessed Coinbase’s violative conduct when Coinbase went public, that SEC Chair Gary Gensler’s answer to a question at
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The interim judicial managers of the collapsed cryptocurrency lender Hodlnaut have reportedly rejected the latest buyout deal amid the settlement token plummeting 90%.Hodlnaut administrators have opposed the takeover terms from cryptocurrency exchange OPNX, which was established by Kyle Davies and Su Zhu, the co-founders of failed hedge fund Three Arrows
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Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive. Against all odds, Bitcoin (BTC) price rallied above $27K for the first time In September, thus rejuvenating hopes for altcoin bullish sentiment. According to the latest crypto oracles, Bitcoin price
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Unnamed sources now claim Taylor Swift, a well-known singer, was inclined to strike a deal with FTX, a now-defunct cryptocurrency exchange. The partnership, sources reveal, could have generated up to $100 million in revenue. However, FTX’s
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Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit, including Shaquille O’Neal (Shaq), Tom Brady, and
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Binance wasn’t interested because of rumors that Huobi has ties to mainland China, which Binance wants nothing to do with, according to the person, who requested anonymity. In an interview last month with CoinDesk TV, Sun said Huobi wants to attain a license in Hong Kong and launch a new
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High-impact news, including the CPI release and the US banking crisis, significantly contributed to Bitcoin price topping $26K. For the first time since June last year, Bitcoin price traded above $26K on Tuesday after the United States Bureau of Labor Statistics released the Consumer Price Index (CPI) data yesterday that was
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The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision. Source
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The counsel representing Celsius’ official creditor committee has denied assertions that the bids for Celsius’ crypto assets have been rejected.During a Jan. 31 Twitter Space “town hall” following the examiner’s report on Celsius, attorneys from White & Case LLP, Gregory Pesce and Aaron Colodny, addressed the so-called “leaked” bids for Celsius’
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