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FTX owes more than $3 billion to its creditors

Sam Bankman-Fraud's Fried's FTX, owes $3.1 billion to its five largest creditors, according to documents from the cryptocurrency investment fund's bankruptcy filing published by...

WSJ: At Least $300 Million Pocketed by Sam Bankman-Fried

The revelations relate to last year's round of fundraising by investors from the now-bankrupt crypto exchange.The rain of revelations surrounding the controversial collapse of...

How much MicroStrategy is at risk from the fall of Bitcoin’s price?

Regular readers of Bitnewsbot are certainly not the first time they have read about Microstrategy (MSTR). It is the first Nasdaq-listed company to buy...

Grayscale refuses to test reserve despite ecosystem pressure

Grayscale, the company that holds the largest amount of bitcoin (BTC) reserves, second only to Satoshi Nakamoto, released a statement assuring that it is...

Vitalik Buterin proposes a method to make reserve testing more reliable

One of the most important consequences of the FTX disaster is the loss of confidence of exchange users. Several of these companies, such as...

Join Coco’s Carnival Now and Win Up To $2,100,000 or a TESLA

The World Cup fever starts to hype up in Qatar. As one of the sporting industry's most anticipated major football leagues, fans are excited...

6 Best VPN Providers That Accept Monero

Privacy and anonymity are probably the most important things that we should all consider in today's internet era. Although there are a lot of...

New FTX CEO: I’ve never seen anything like this before!

John J. Ray III, the new CEO of FTX who took over the reins after Sam Bankman-Fried resigned, criticized oversight of the bankrupt cryptocurrency...

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ABA: Align FDIC stablecoin rules with OCC

The American Bankers Association is urging the FDIC to align its stablecoin rulemaking with the OCC and other regulators...

SpaceX IPO Sparks Bitcoin Volatility, Musk Price Shock Looms

Bitcoin is experiencing fresh volatility amid SpaceX's imminent IPO, with traders betting it could stress the crypto market.The SpaceX...

Binance’s SpaceX IPO Campaign Hits $557M

Binance's SpaceX tokenized pre-IPO offering attracted over $557 million in USDC from nearly 27,700 wallet addresses, signaling massive crypto-native...

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