FTX reportedly in talks to recoup $400M investment in Modulo Capital
FTX reportedly in talks to recoup $400M investment in Modulo CapitalFollowing FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.
Happy WednesdayThe global crypto market cap is $1.05 trillion with a 24-hour volume of $52.89 billion. The price of Bitcoin is $22,776.75 and BTC market dominance is 41.9%. The price of Ethereum is $1,577.57 and ETH market dominance is 18.4%. The best performing cryptoasset sector is Move-to-Earn, which gained 8%.
Latest NewsFTX reportedly in talks to recoup $400M investment in Modulo Capital
Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan. HIVE Blockchain delays financial filings till Feb. 28HIVE moved to delay the interim filing to enable the firm buy time to access the impact of a tax notice issued to a European subsidiary. Cosmos ecosystem to launch interchain NFTs via $270K incentivized testnetRegistration for 20,000 ATOM prize pool for incentivized testnet of Interchain NFTs goes live Access Protocol to go live Feb. 15 with ACS airdrop for CoinGecko CandiesDigital content monetization platform Access Protocol is set to launch on Solana blockchain with the ACS token. CryptoSlate Daily wMarket Update: Dogecoin leads top 10 assets bullish market sentimentThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Hoskinson: SEC had justified concerns about Kraken stakingStaking directly on a protocol and staking with Kraken are different things — the latter introducing further risk, according to Hoskinson. Fantom price pumps despite $260M FTM whale selloffThe total value of assets (TVL) locked in Fantom rose by 5% to $506.28 million in the last 24 hours, according to DeFillama data. FTX creditors issue subpoena to SBF, other FTX insidersFTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more. GBTC discount widens to highest point in 2023GBTC's discount has widened to over 47% following the struggles of its parent company, Digital Currency Group (DCG). BLUR plummets 84% following 360M token airdropEarly BLUR users — including traders, care package holders, and creators — have claimed up to 86% of the airdrops.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Older messages
Bitcoin briefly soars beyond $25k; $232M in shorts liquidated
Friday, February 17, 2023
Bitcoin's (BTC) price soared beyond $25000 for the first time since June 2022 — peaking at $25104, according to CryptoSlate's data.
Bitcoin spikes to $22,330 after dip on worse than expected CPI data
Tuesday, February 14, 2023
The price of Bitcoin spiked to $22330 after an initial dip on news of worse than expected consumer inflation data.
CZ issues response to SEC vs. Paxos lawsuit
Monday, February 13, 2023
CZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.
Op-ed: Why Sam Bankman-Fried did us all a favor
Saturday, February 11, 2023
The former FTX CEO has been vilified for his role in orchestrating the fraud, however, a deeper look into the overall situation shows he actually did us a favor.
SEC under fire for regulation by enforcement in Kraken staking action
Friday, February 10, 2023
The US securities regulator was blasted for its ham-fisted approach to staking regulation.
You Might Also Like
MicroStrategy buys nearly 80,000 BTC in November, outpacing US Bitcoin ETF purchases
Monday, November 18, 2024
The Michael Saylor-led firm now holds more than 330000 BTC, which valued at around $30 billion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Talk with Yan Meng: Trump's Election Victory and Its Impact on Crypto Policy, Market Dynamics, and Future Outlook
Monday, November 18, 2024
In this podcast episode, Wu Blockchain founder Colin Wu engages in a dialogue with Yan Meng, co-founder of Solv Protocol, to discuss the potential impact of Trump's election win on the crypto
📈 BTC overtook silver and Saudi Aramco as the 7th-largest asset by market cap; Crypto.com acquired Australian bro…
Monday, November 18, 2024
BTC overtook silver and Saudi Aramco as the 7th-largest asset by market capitalisation; Crypto.com acquired Australian brokerage firm Fintek; BlackRock's BUIDL is available on five more blockchains
Bitcoin futures break records with 29% OI surge in November
Sunday, November 17, 2024
Bitcoin derivatives market surges as institutional confidence grows amid post-election rally. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Nov 11 to Nov 17)
Sunday, November 17, 2024
CZ and Vitalik attended an event in Bangkok hosted by Binance Labs in collaboration with the BIO Protocol, showcasing leading DeSci projects. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Navigating DAO Priorities: Balancing Retroactive Rewards and Future Funding | BanklessDAO Weekly Rollup
Saturday, November 16, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation
Saturday, November 16, 2024
Gensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏