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.
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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.
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Saturday, February 11, 2023
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Friday, February 10, 2023
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