FTX Claims Portal Disappears Shortly After Launch

FTX Claims Portal Disappears Shortly After Launch

The highly anticipated claims portal launched by FTX, the bankrupt cryptocurrency exchange, vanished shortly after its debut, leaving users in a state of uncertainty.  Quick facts: The portal, designed to allow affected users to file proofs of claim, went offline for unknown reasons, disrupting the filing process The FTX claims portal, which went live on … Read more

FTX Debt Recovery Efforts Yield $7B Amid Investigative Challenges

In a major breakthrough, the ongoing debt recovery efforts by FTX, a prominent cryptocurrency exchange, have resulted in the retrieval of approximately $7 billion in liquid assets, as revealed in a recent investigative report. While this represents a significant milestone in addressing the exchange’s outstanding debt, it still falls short of the substantial $8.7 billion … Read more

FTX Executives Allegedly Lavishly Funded Unrelated Ventures using Customer funds

Former executives of FTX, a well-known cryptocurrency exchange, have faced allegations of channeling funds toward ventures unrelated to their core business. Among these ventures is the notable “Pineapple House,” an extravagant expenditure amounting to an astonishing $1.8 million.  Quick facts: The allegations, outlined in an investigative report by FTX restructuring chief and CEO John Ray, … Read more

Cryptocurrency Statistics Report 2024

Cryptocurrency Statistics Report 2023

In 2024, the cryptocurrency market underwent significant transformations. The U.S. Securities and Exchange Commission (SEC) cracked down on major players, leading to exits by giants like Binance, FTX, and Luna. Ripple faced a prolonged court battle. Amidst this chaos, Bitcoin surged by 157.51%, reaching $42,000. This Cryptocurrency Statistics Report for 2024 captures the highs and … Read more

Arbitrum Price Prediction for 2023, 2024, 2025, 2030, 2040, and 2050

Arbitrum increased 2.83% in the past month for a current price of $1.15. Invest in Arbitrum or consider other cryptocurrencies for 2023 and beyond? Find out in this article as we discuss fundamental and technical analysis of Arbitrum and price predictions for 2023, 2024, 2025, 2030, 2040, and 2050. Arbitrum and its decentralized autonomous organization … Read more

OKB (OKB) Price Prediction for 2023, 2025, 2030, 2040, and 2050

OKB (OKB) Price Prediction

OKB increases 261.45% over a year and settles around $44.46; should you invest now? Find out in this article as we discuss the fundamentals and market sentiment of OKB crypto tokens. Check out detailed technical analysis and OKB (OKB) price predictions for 2023, 2025, 2030, 2040, and 2050. Launched in May 2019, OKB is the … Read more

Uniswap (UNI) Deploys on Avalanche as DEX Trading Hits Record Highs

Uniswap (UNI) Deploys on Avalanche as DEX Trading Hits Record Highs

Uniswap, a leading decentralized exchange (DEX), has made a major move by launching on the Avalanche network, resulting in a paradigm shift in the decentralized finance (DeFi) space.  Quick facts: This strategic deployment comes at a time when DEX trading volumes have skyrocketed, pushing the boundaries of the crypto market and highlighting the growing importance … Read more

Crypto Hedge Funds Maintain Resilience, PwC Survey Shows

Crypto Hedge Funds Maintain Resilience, PwC Survey Shows

PricewaterhouseCoopers (PwC) has released its fifth annual global crypto hedge fund report, showcasing the resilience of crypto hedge funds in the face of recent market turbulence.  Quick facts: The survey, conducted in the first quarter of 2023, gathered insights from both crypto-native and traditional hedge funds, shedding light on their sentiments and strategies in the … Read more

European Banking Watchdog Urges Swift Adoption of Stablecoin Standards

European Banking Watchdog Urges Swift Adoption of Stablecoin Standards

The European Union’s banking watchdog, the European Banking Authority (EBA), has issued a resounding call to stablecoin issuers, urging them to swiftly adopt comprehensive standards aimed at ensuring the stability and security of the crypto market.  Quick facts: With mandatory rules set to take effect in the near future, the EBA is encouraging issuers to … Read more