Cryptocurrency Fund
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Bankruptcy Counsel Reports Discovery of Mass FTX’s Assets Theft
Recovery of invested funds in FTX became doubtful as bankruptcy counsel indicated mass theft of assets and related information. The…
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U.S. Officials Warn Fidelity Investment Against Its Plan To Expose Firm To Bitcoin
U.S. Officials have urged Fidelity Investments, one of the biggest asset managers in the world, to rethink its decision to…
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While Reportedly On The Verge Of Liquidation, Genesis Refuses To File For Bankruptcy
Since the FTX collapse earlier this month, Genesis, a cryptocurrency lending firm, has been threatened with liquidation. However, there are…
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Venture Capital Firm Predicts That The FTX Contagion Will Continue To Plague The Industry For Several Weeks
Leading crypto startup firm, Multicoin Capital, has published its forecast for the upcoming weeks in a message to its shareholders.…
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Digital Currency Group (DCG) Might Collapse Even Harder Than FTX: Here’s Why
Owing to the deplorable state of Genesis, strong opinions have spread among the public that the venture capital company, Digital Currency…
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Grayscale Shuns Pressure To Show Proof Of Reserve For ‘Security Reasons’
Digital currency investing and asset management company Grayscale. has refused to share proof of its reserves, citing security concerns, after…
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Digital Currency Group Bankruptcy Risk To Cause Huge Bitcoin Dip – Nouriel Roubini
Nouriel Roubini, a seasoned economist, stated on his previous page that the bitcoin price may even go lower. According to…
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Over $300 million Commitments in Sports Marketing Suspended as FTX Group Empire Crumbles
The looming end of the FTX rocket ride from its launch in 2019 to a $32 billion valuation drags along…
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KuCoin Reveals Staggering Statistics Linking Crypto Investors And Football Just Before 2022 World Cup
Also referred to as “The People’s Exchange,” the cryptocurrency exchange KuCoin has made public its report analysing the relationship between…
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Paradigm Joins Sequoia Capital in writing off FTX Stake
The sudden FTX collapse has left asset management and venture capital firms regretting investment in Sam Bankman-Fried projects following the…
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Binance Develops A Recovery Fund To Assist Projects Going Through Liquidity Issues
As the impact of the disastrous meltdown of FTX keeps on influencing the markets negatively, Binance (the well-known crypto exchange)…
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FTX Staff Reportedly Discover Company’s Bankruptcy Alongside The Public
Former crypto giant and now bankrupt cryptocurrency exchange FTX allegedly hid its insolvency, even from insiders. Reports note that several…
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Justin Sun and Tron Might Partner With FTX
Justin Sun, who founded the Tron network, said he and his team are working with FTX. The point of the…
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Binance Plunges $215 Million In BTC And BNB Into Emergency Fund
The world’s largest crypto exchange, Binance, has doubled up its emergency fund due to the extreme market volatility as the…
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Bitcoin Mining Difficulty Sees Another Drop, Down 0.2% Following Adjustment
According to the data released by BTC.com on Monday, the bi-weekly adjustment shows how the Bitcoin mining difficulty dropped 0.2%.…
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Galaxy Digital To Cut Down Workforce By 20%
The broader crypto market downtrend has forced digital asset companies to continue cutting jobs to stay in business, with Galaxy…
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