ftx
Bankrupt FTX Sends Millions in Stablecoins to Market Makers: Liquidity Play or Arbitrage?
FTX transferred 105K USDC tokens to Wintermute via the Polygon network. Alameda Research transferred 2.3 million DAI to Wintermute via Avalanche. 47K DAI were sent…
FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers
FTX can now solicit creditor votes on its liquidation plan. Customers to be repaid in cash, not cryptocurrency. Dispute over repayment values based on 2022…
Bitcoin’s Dominance Persists With Over 86% of Holders in Profit Despite Market Volatility
Bitcoin's dominance holds strong, with 86% holders in profit; Ethereum's ETF potential signals further growth. Whale accumulation and institutional interest in Bitcoin suggest long-term confidence…
The FTX Saga Continues: Victims Fight for Their Share of the Spoils
FTX victims requested that $8 billion in forfeited assets be returned to customers. AI tokens dropped 30% in the past week, coinciding with a peak…
FTX’s Revival Could Spark Resurgence in FTT, USTC, and LUNA
FTX plans to resume operations, potentially erasing $11 billion debt Repayment could lead to significant value surge for FTT, USTC, LUNA Investor optimism grows as…
FTX’s Ghost Token: Can FTT Defy the Odds and Deliver 5X Returns?
FTT hit a low of $1.37, crashing by 15% from the weekly high of $1.61. Analyst Mags argued that FTT would either see a 5X…
Bankrupt FTX Sells Discounted Solana Tokens as Part of Liquidation Process
FTX estate sells $2.6 billion in Solana tokens at a discount Solana's market metrics indicate mixed signals, with RSI at 53.56 suggesting stability and KST…
Bankman-Fried Moves to New Facility While Fighting FTX Conviction
Sam Bankman-Fried, transferred to a California prison while appealing his 25-year conviction for fraud and money laundering. The transfer process for Bankman-Fried is expected to…
FTX’s Bankman-Fried Trading Rice Behind Bars Amid Fraud Conviction Appeal
Despite facing incarceration and significant weight loss, Bankman-Fried maintains his innocence and diligently prepares for his appeal. Life in jail presents unexpected challenges, with rice…
FTX Customers Face Potential $10B Loss with Proposed Compensation Plan
Sunil Kavuri criticizes FTX's compensation plan for severely undervaluing customer claims. FTX customers will potentially lose $10 billion with the proposed plan. The plan includes…
