Bitcoin News
Silvergate teeters as regulators circle and crypto firms cut ties
Top blockchain and crypto news: Silvergate woes spark bankruptcy talk. LDO dips on false enforcement rumors. Chinese leaders push digital development.
Forkast.News
Lens
Bankruptcy
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Bitcoin News
FTX’s Alameda sues Grayscale over crypto trusts
Alameda Research has filed a law suit against crypto conglomerate Digital Currency Group and its asset management business Grayscale over trust investments.
Dylan Butts
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Altcoins
Bankrupt crypto lender 3AC’s liquidators set to dump millions worth of seized NFTs
Teneo, the liquidator of the bankrupt crypto lender Three Arrows Capital plans to sell non-fungible tokens estimated to be worth millions of dollars.
Dylan Butts
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Regulation
FTX Japan resumes withdrawals through Liquid Japan web platform
FTX Japan, the Japanese subsidiary of Sam Bankman-Fried’s bankrupt FTX, resumed withdrawal of customer holdings on Tuesday.
Dylan Butts
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Crypto Trading and Strategies
Crypto hedge fund Galois Capital to close after losing US$40 mln in FTX
Cryptocurrency-focused hedge fund Galois Capital will close and return the remaining funds to investors after losing US$40 million worth of assets in the collapse of crypto exchange FTX.com
Lachlan Keller
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Regulation
Judge says Bankman-Fried could ‘conceivably’ have bail revoked: CNN
There might be "probable cause" to believe that Sam Bankman-Fried engaged in witness tampering and other activities that could revoke his bail, says judge.
Dylan Butts
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Regulation
Sam Bankman-Fried banned from using VPNs while on bail: Bloomberg
Sam Bankman-Fried, the co-founder of the now-bankrupt FTX exchange, has been banned from using virtual private networks (VPNs) while out on bail, as the judge cited similar concerns to the co-founder’s use of encrypted messaging apps, Bloomberg reported on Tuesday. See related article: Bankrupt FTX threatens legal action to claw back donations to politicians, charities […]
Zoltan Vardai
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Altcoins
Alameda wallets activate, transfer millions in FTT tokens
Wallets linked to Alameda Research became active over the past week, transferring millions worth of FTX’s native token, FTT, according to Arkham Intelligence.
Dylan Butts
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Altcoins
DCG to sell Grayscale holdings at a discount to pay creditors: report
Digital Currency Group has started to sell shares of its cryptocurrency funds at a significant discount, according to a Tuesday report from the Financial Times.
Dylan Butts
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Bitcoin News
Bankrupt FTX held US$1.4B in cash at the end of 2022
Bankrupt cryptocurrency exchange FTX.com had around US$1.4 billion in cash reserves at the end of 2022, according to a financial update released Tuesday.
Dylan Butts
