Voyager Digital Customers Could Recover 72% of Funds From Bankruptcy Sale to FTX
Under a provisional agreement reached with FTX, former customers of Voyager Digital may be able to recover up to 72% of their accounts.
Tag ftx
Sam Bankman-Fried Denies Intentions to Acquire Huobi
Key Takeaways: Rumour has it that FTX has finished the deal. According to SBF, they do not have any plans to buy Huobi. Sam Bankman-Fried, CEO of SBF, claims that FTX, a prominent cryptocurrency exchange, will not buy a controlling…
Cryptocurrency Exchange FTX Grew Revenue by 1000% in 2021
FTX increased its revenue by over 1,000% during 2021, from $89 million to $1020 million.
FTX Restricted a User From Interacting with ZK Money
Key Takeaways: The FTX crypto exchange has terminated a user’s account who sent money to the Aztec Network. The decision comes after Tornado Cash, a mixing service, was blacklisted on money laundering charges. The crypto community was infuriated by the…
Reddit Adds FTX Pay Integration
Key Takeaways: As a result of the partnership, FTX Pay will be integrated as a payment and cryptocurrency exchange service, enabling new benefits for Reddit Community Points. A service called FTX Pay, which enables retailers to accept both cryptocurrency and…
Alameda Research of Bankman-Fried is 2nd largest Borrower from Voyager at $377M after 3AC
Key Takeaways Alameda Research was Voyager‘s largest single creditor, with unsecured loans of $75m. 3AC is the largest borrower owing over $600 million to Voyager. On 1st July, Crypto lending platform Voyager Digital suspended withdrawals, trading and deposits citing difficult…
BlockFi CEO slams Rumours it would be sold for $25M to FTX
Key Takeaways BlockFi CEO Zac Prince took to twitter to confirm that the firm is not being sold to FTX. CNBC recently reported that crypto billionaire Sam Bankman-Fried’s FTX was likely to buy BlockFi for $25 million- a 99% discount…
SBF Warns Several Crypto Exchanges Are “Secretly Insolvent”
Key Takeaways Sam Bankman-Fried, the creator of the well-known exchange FTX, recently cautioned that some cryptocurrency exchanges are “secretly insolvent” and may soon fail. SBF’s companies FTX and Alameda Ventures provided quick credit lifelines to BlockFi and Voyager, respectively. These…
Robinhood Shares surge 14% on report of FTX’s Possible Buyout
Key Takeaways In May, FTX CEO acquired a 7.6% stake in Robinhood worth $648 million FTX CEO Sam Bankman-Fried stated that said, there are no active mergers and acquisitions conversations with Robinhood currently. According to a Bloomberg Report, cryptocurrency exchange…
Crypto Giant FTX Ready With Billions of Dollars for Acquisitions
Key takeaways: Sam Bankman-Fried, the CEO of global crypto exchange FTX, stated that the company intends to expand through acquisitions in order to extend its product offerings. FTX wants to invest billions of dollars in other companies with proceeds from…
