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
What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm
Wednesday, January 15, 2025
AI-driven DeFi projects aim to simplify finance with real-time insights, trading, and personalized strategies, but face hurdles in transparency and security. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
OKX Founder's Full Speech: "Always Hold Bitcoin"
Wednesday, January 15, 2025
January 14, 2025, OKX CEO Star delivered a speech via video link. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%