Reuters Report – DIGIT INFO

US Government in Talks to Rescue Struggling First Republic Bank, Sources Say

DIGIT — Fri, 28 Apr 2023 19:04:58 +0000

Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector Deal Preferred as U.S. Government Officials Discuss First Republic Bank Rescue Efforts Market observers […]

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Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas

DIGIT — Sat, 12 Nov 2022 17:30:19 +0000

According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the flight, a number of people suspected someone from SBF’s inner circle did fly out of the Bahamas. […]

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Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals

DIGIT — Tue, 08 Nov 2022 21:00:47 +0000

According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com were “effectively paused.” Report Claims FTX CEO Said Exchange […]

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Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

DIGIT — Wed, 22 Jun 2022 20:51:08 +0000

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly […]

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Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open

DIGIT — Fri, 04 Dec 2020 22:20:00 +0000

While bitcoin and a number of digital assets set new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there’s been a lot of bitcoin buying action during U.S. market hours. Data shows that between East Asia and North America, the two regions account for close to half of all the […]

The post Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open appeared first on Bitcoin News.

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