Crypto EcoBlog
FTX made the transfers to SBF and others via the former CEO’s trading firm Alameda Research. According to the new management of bankrupted crypto exchange FTX, $2.2 billion was transferred to SBF via various entities. In a press release, the company revealed that more than $3.2 billion was sent to Sam Bankman-Fried and other major employees according to a Schedules of Assets and Liabilities and Statements of Financial Affairs filed on March 15. FTX Transfers Over $3B to SBF and Other Key...
Read More »Successful Ethereum Shapella Testnet Beckons Long-Awaited Shanghai Mainnet Upgrade
Ethereum recently concluded its final dress rehearsal, dubbed Shapella, on the Goerli testnet en route to its mainnet upgrade. The Ethereum Shapella upgrade is on course for launch following its successful activation on the Goerli testnet. According to reports, this development is in the final phase before the upgrade goes live on the mainnet. With the Ethereum Shapella upgrade mainnet development, stakers can unstake their Ethereum (ETH) from the protocol. According to Ethereum developer...
Read More »Cathie Wood’s Ark Invest Raises $16 Million for Another Crypto Fund
Cathie Wood praised crypto assets for proving to be safe havens as crisis unfolded in the US banking system last week. Ark Investment‘s Cathie Wood is known for making some of the bold bets in crypto. Even during the strong downfall of 2022, Cathie Wood has been a regular investor in crypto companies like Coinbase. In another such development, ARK Investment Management LLC managed to raise a staggering $16 million from investors for a new crypto-focused investments fund. On Wednesday,...
Read More »KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC
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Read More »USDC Issuer Circle Updates Its Community on Its Stablecoin Operations
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Read More »Filecoin Virtual Machine Goes Live on Mainnet, Now Supports Smart Contracts and User Programmability
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Read More »Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost
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Read More »Industry Leaders: Amazon NFT Platform Is Gamechanger
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Read More »Bitcoin Rallies Following News on US Inflation Data for February
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Read More »CFTC Announced New List of Members from Circle, TRM for Tech Advisory
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