Decoding the significance of 17 October for the bankrupt Celsius Network
Celsius Network [CEL], the New Jersey-based bankrupt cryptocurrency lending company, managed to set the date for auctioning its assets. As per the document filed with the US Bankruptcy Court for the Southern District of New York on 3 October, Celsius will have its final auction on 17 October. Furthermore, a sale hearing would occur on […]
The Final Bid Deadline for Celsius Assets Is Coming Soon, Will FTX Make the Move?
Troubled crypto lender Celsius Networks has set the date for bidding of its assets. After filing for Chapter 11 bankruptcy, many big players including FTX U.S. have shown interest in acquiring Celsius’s assets. As per the filing with the US Bankruptcy Court for the Southern District of New York dated Monday, Celsius Networks will put The post The Final Bid Deadline for Celsius Assets Is Coming Soon, Will FTX Make the Move? appeared first on CoinGape.
After Voyager’s Success, FTX Sets Its Eyes on Celsius’s Assets
Crypto exchange FTX U.S. has been on a major acquisition spree this year of distressed assets following the major crash in the crypto market. Earlier this week, FTX won the bid for acquiring assets of troubled crypto lender Voyager Digital. As per sources familiar with the matter, the crypto exchange shall now be bidding for The post After Voyager’s Success, FTX Sets Its Eyes on Celsius’s Assets appeared first on CoinGape.
FTX Trumps Binance to Win Voyager Digital Assets
As per the latest development, crypto exchange FTX U.S. has finally outbid other players to win the assets of bankrupt crypto lender Voyager Digital. FTX was in a tough race with crypto exchange Binance as the latter was leading last week. According to the statement from Voyager Digital on Monday, September 26, the agreement has The post FTX Trumps Binance to Win Voyager Digital Assets appeared first on CoinGape.
Is FTX’s SBF Back At Mass Acquiring With Latest Crypto Deal?
Crypto exchange FTX head Sam Bankman-Fried was at the centerstage of this year’s crisis in the crypto credit scene. The billionaire investor acquired stakes in various companies, handed out loans in a bid to ‘save the industry’. In a latest, the billionaire acquired stake in Kwil Inc, provider of decentralized database infrastructure. This comes at The post Is FTX’s SBF Back At Mass Acquiring With Latest Crypto Deal? appeared first on CoinGape.
FTX is looking to raise another $1B and the reason is surprising
Sam Bankman-Fried’s Bahamian crypto exchange FTX is reportedly out to raise funds again, this time looking for investors to pump in as much as $1 billion in order to maintain its current valuation which is roughly $32 billion. This is an ambitious plan, given the current crypto bear market, but the billionaire CEO of FTX […]
Bankrupt lender Voyager gets top bids by these heavyweights
According to those with knowledge of the situation, FTX and Binance have offered the highest offers for the assets of defunct cryptocurrency lender Voyager Digital Ltd., VYGVQ -5.89%, but neither offer has yet been approved, Wall Street Journal reported. As per the sources, the current offer from Binance is around $50 million, which is a […]
These two Top Exchanges In Race for Acquiring Voyager Digital Assets
As per the latest report, the two topmost exchanges Binance and FTX are currently in the race to acquire the assets of bankrupt crypto lender Voyager Digital. Earlier this year in July 2022, Voyager filed for Chapter 11 bankruptcy after facing major liquidity issues amid the crypto market crash. At that time, the company’s total The post These two Top Exchanges In Race for Acquiring Voyager Digital Assets appeared first on CoinGape.
Just In: SBF’s FTX In Big Trouble Over Regulations Amid Crypto Downturn
The clash between the UK’s financial regulators and digital asset companies is getting intense. In the latest development, the British watchdog issued warnings for the users against the use of Sam Bankman-Fried’s (SBF) FTX crypto exchange. FTX faces pressure from UK watchdogs As per reports, Financial Conduct Authority (FCA) informed that the FTX is offering The post Just In: SBF’s FTX In Big Trouble Over Regulations Amid Crypto Downturn appeared first on CoinGape.
FTX CEO SBF Disagrees With Server Downtime Amid August CPI Release
Crypto exchange FTX’s CEO Sam Bankman-Fried disagrees with any downtime in the crypto exchange during the August CPI data release. However, many traders reported that the FTX server was down as they were facing difficulty placing their trades. “FTX Didn’t Actually Go Down”- FTX CEO SBF After the August CPI data announcement, the total crypto market The post FTX CEO SBF Disagrees With Server Downtime Amid August CPI Release appeared first on CoinGape.
Sam Bankman-Fried ‘Optimistic’ About Future Of Regulated Crypto
Billionaire crypto investor Sam Bankman-Fried said the U.S. administration would prepare rules for crypto within an year’s time. He had in fact expressed surprised over the efforts in the direction of doing the right things for the digital assets industry. A draft bill or any other framework for new rules for crypto is in the The post Sam Bankman-Fried ‘Optimistic’ About Future Of Regulated Crypto appeared first on CoinGape.
FTX offers sinking ship Voyager a lifeboat; investors to receive a refund on their investments
The crypto exchange, FTX, has decided to help a sinking market player, Voyager. Sam Bankman-Fried, CEO of FTX, offered Voyager a rescue plan that may help the latter save its sinking ship. Voyager halted user transactions on 1 July. However, customers may have a chance to withdraw their funds and get a refund on their […]
Crypto Has No Use? The CEO Of FTX Answers Critics
The CEO of FTX, Sam Bankman-Fried or SBF took to Twitter to respond to critics who believe that crypto does not have any use cases. Stating that crypto has use cases beyond investments, SBF revealed that crypto’s biggest impact can be seen in three major areas of payments, market structure, and social media. SBF Highlights The post Crypto Has No Use? The CEO Of FTX Answers Critics appeared first on CoinGape.
FTX Expands Into Australia After Europe And UAE
Global crypto exchange FTX Trading on Monday announces its expansion into Australia with the establishment of FTX Australia, continuing its global expansion strategy. The crypto exchange will offer Australian investors its leading crypto products and services, including OTC-based services, derivatives, and exchange suite. FTX Australia will have its head office in Sydney, providing the confidence The post FTX Expands Into Australia After Europe And UAE appeared first on CoinGape.
FTX Exchange To Launch A Gaming-Focused Team To Boost NFTs Adoptions
To boost mainstream adoption of cryptocurrency and NFTs, the FTX crypto exchange plans to add a separate team to its workflow aimed at serving game publishers. The addition of a new unit will work as a “crypto-as-service” platform to pave the way for game creators to support and build in-game NFTs. Related Reading | Strike […]
Japanese Online Retail Giant Rakuten Launches NFT Marketplace
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten […]
Crypto Exchange Executives Rally Behind Ukraine As Donations Continue To Pour Into Embattled Nation
A host of crypto exchange executives are putting their support behind Ukraine as Russia continues its invasion of the Eastern European nation. Crypto.com CEO Kris Marszalek tells his 146,400 Twitter followers that the Singapore-based digital asset exchange has made a sizeable donation to the Red Cross in support of the embattled country. “Our thoughts are […] The post Crypto Exchange Executives Rally Behind Ukraine As Donations Continue To Pour Into Embattled Nation appeared first on The Daily H
Digital Assets AG Launching Stock Tokens on Solana
Digital Assets AG is launching tokenized stocks on the Solana Blockchain, which will be exclusively available though crypto exchange FTX. The post Digital Assets AG Launching Stock Tokens on Solana appeared first on BeInCrypto.
Digital Assets launches Solana-based tokenized stocks on FTX
Digital Assets AG, a Switzerland-based firm that tokenizes financial instruments, has launched tokenized stocks on the Solana blockchain. The post Digital Assets launches Solana-based tokenized stocks on FTX appeared first on The Block.
FTX Partners With MLB to Further Expand Crypto Awareness
Crypto exchange FTX has partnered with Major League Baseball (MLB) to form the first-ever global sports league-cryptocurrency exchange partnership The post FTX Partners With MLB to Further Expand Crypto Awareness appeared first on BeInCrypto.