FTX Reports $415 Million In Hacked Crypto, Bankman-Fried Says FTX US Is Solvent
Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks.
First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged...
3AC Founders to Launch Crypto Bankruptcy Claims Exchange: Report
3AC founders Su Zhu and Kyle Davies are holding negotiations to secure $25 million in funding to launch a new crypto exchange.
Vauld’s Creditor Protection Extended to Feb. 28 by Singapore HC
The Singapore High Court has extended Vauld’s legal protection from creditors to Feb. 28, providing the crypto lender with more time to develop a recovery plan.
EU Vote on MiCA Postponed for the Second Time Due to Translation Issues
EU’s final vote for the landmark MiCA regulation has been delayed until April due to “technical” issues.
CoinFLEX Sheds Some Light on GTX Project After Facing User Backlash
CoinFLEX has published an official update on the GTX project.
Online Brokerage Monex Group Voices Interest in FTX Japan
Online broker Monex Group reportedly has expressed its interest in FTX’s Japanese subsidiary.
Markets: Bitcoin, Ether prices little changed; Polkadot gains as Solana gives up ground
Bitcoin and Ether were little changed in a muted morning of trading on Wednesday in Asia, as few top 10 non-stablecoin cryptocurrencies moved by more than 1%...
Massive Backstage Update On WWE's Royal Rumble Hopes For Logan Paul
WWE is hoping to put on a stellar Royal Rumble show, which would set up an even bigger WrestleMania 39. Logan Paul getting involved would be huge.
FTX says $415 million in crypto was hacked
The crypto assets recovered to date include $685 million in Solana, $529 million in FTX's proprietary FTT token and $268 million in bitcoin, based on crypto prices on Nov. 11, 2022. Solana, which was lauded by Bankman-Fried, lost most of its value in 2022.
$90 Million in FTX US Assets Were Transferred After Bankruptcy
Although the movement of funds made headlines, the $90 million from FTX US had not been previously disclosed.
Markets: Bitcoin, Ether prices little changed; Polkadot gains as Solana gives up ground
Bitcoin and Ether were little changed in a muted morning of trading on Wednesday in Asia, as few top 10 non-stablecoin cryptocurrencies moved by more than 1% in either direction.
