FTX Transferred $7.7B from Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues. Original Source
Read MoreRepresentatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues. Original Source
Read MoreDuring the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine years have been moving during the last four days. Bitcoins that were worth far less back then
Read MoreBitcoin stayed above $16K after the Fed minutes and Genesis Global Capital confirmed hiring investment bank Moelis. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
Read More"Mr. Bankman-Fried, the co-founder, and controlling owner of all of the Debtors and of FTX DM, appears to be supporting efforts by the JPLs to expand the scope of the FTX DM proceeding in the Bahamas, to undermine these Chapter 11 Cases, and to move assets from the Debtors to
Read MoreThe hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC and Bitcoin privacy tools Blender and ChipMixer. The hacker’s activity has been tracked by on-chain investigator ‘₿liteZero’, who works for SlowMist and contributed to the company’s 2022
Read MoreThe Bitcoin network already processes more volume by dollar value than Paypal and the largest decentralized cryptocurrency network in the world by market cap could outstrip Mastercard by as early as 2026.A Nov. 25 report from market intelligence platform Blockdata titled When might the Bitcoin network process volumes like Mastercard
Read MoreWhile the world has evolved from storing and transferring information from paper to cloud storage, data is still not entirely protected. The existing cloud storage system used for sharing information while encrypted is centralized, and centralized systems have the inherent disadvantage of being vulnerable to hacks and attacks. However, decentralized solutions
Read MoreThe Information Commissioner’s Office (ICO) has launched a public consultation on its draft international data transfer agreement (IDTA) and guidance. When organisations send
Read MoreIn summary:In the last 24 hours, Bitcoin has fallen from around $9,700 to a local bottom of $9,281.The team at Glassnode observed that June 23rd saw the largest flow of Bitcoin from miners to exchanges in over a year.2,650 BTC was transferred to Bitfinex during that time. Bitcoin’s journey to $10,000
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