Su Zhu, the founder of Three Arrows Capital (3AC), recently accused Digital Currency Group (DCG) and FTX of being involved in the collapse of Luna Classic (LUNC) and profiting from the event. Zhu also claimed that DCG did...
The Bahamas Securities Commission (SCB) has accused FTX and its CEO John Ray III of obstructing investigations into the bankrupt firm by denying access to court-appointed Joint Provisional Liquidators (JPL). In a press release on January 2, the...
According to reports, Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX has been withdrawing significant amounts of cryptocurrency while under house arrest. DeFi educator, BowTiedIguana's analysis of on-chain data shows that former FTX CEO Sam Bankman-Fried...
The past year has been a tumultuous one for bitcoin, with significant fluctuations in its price. The asset began the year at a value of almost $50,000, but over the last 12 months, it has lost over 65%...
Nic Carter, a well-known cryptocurrency advocate, recently conducted a comprehensive analysis of several centralized cryptocurrency exchanges' Proof-of-Reserves (PoR). In his analysis, he evaluated the quality of each exchange's PoR by considering factors such as attestation to assets held,...
Binance, one of the world's leading cryptocurrency exchanges, has experienced consistent growth in 2022, adding 14 new licenses to its portfolio and growing its workforce to a diverse team of 7,500 employees representing over 100 nationalities. The company...
After a relatively calm weekend, during which it remained hovering around the $16,800 mark, the primary cryptocurrency, bitcoin, saw a minor uptick at the start of the new week. This pushed the asset's price to the $17,000 mark,...
The controversial topic of wash trading within cryptocurrency exchanges has again come to the forefront with the release of a new research paper. The National Bureau of Economic Research (NBER) published a working paper titled "Crypto Wash Trading,"...
On December 28th, 30 cryptocurrency wallets belonging to Alameda Research, the bankrupt sister company of the popular crypto exchange FTX, suddenly became active after four weeks of inactivity. These wallets were used to swap and mix over $1.7...
According to a report, MicroStrategy, a leading technology company, has significantly increased its bitcoin holdings. According to a recent filing with the Securities and Exchange Commission (SEC), MicroStrategy purchased approximately 2,395 bitcoins for $42.8 million in cash between...
