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The senators coauthored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly. Go to Source Powered by WPeMatico
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization. Go to Source Powered by WPeMatico
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley’s most valuable startups. Go to Source Powered by WPeMatico
SBF’s Modulo investment was likely made using misappropriated money that FTX deposits by customers, U.S. prosecutors alleged. Go to Source Powered by WPeMatico
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company. Go to Source Powered by WPeMatico
The crypto and innovative tech investment firm is confident that inflation will fall and the Fed will pivot in 2023. Go to Source Powered by WPeMatico
Bitcoin’s prolonged breakout above $22,000 is easing pressure on razor thin profit margins for BTC miners. Go to Source Powered by WPeMatico
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share … Read more
A perpetual futures contract does not have an expiration date and aims to profit from the non-delivery of the actual commodity. Go to Source Powered by WPeMatico
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength. Go to Source Powered by WPeMatico