Deadline for Celsius Customers to File PoC Approved
Customers of the bankrupt crypto lender have until January 3, 2023, to file proofs of claim if they don’t agree with how Celsius scheduled their claims as filed. In the ongoing bankruptcy proceedings, a U.S. court agreed to Celsius’s request to set a deadline for customers to file proofs of claim. Last week, the U.S. […]
Unchained Capital Cutting Staff, Reshuffling Management
Even though the Unchained capital doesn’t deal with FTX, the long bitcoin bear market is hurting parts of the business. About fifteen percent of Unchained Capital employees were let go, and Parker Lewis, the company’s head of business development, was elevated to the board of directors. Will Cole, the company’s chief product officer, was promoted […]
Sino Global Had Deep Ties to FTX Beyond Equity Investment
Sino is a well-known crypto investment company based in Asia. It holds many of the tokens that lost the most value when Sam Bankman-FTX Fried’s crypto empire fell apart. FTX was also a key partner in a large fund that Sino put together with money from outside investors. Sino Global Capital, which is led by […]
Serum Tokens Price Doubles After Emergency Fork
The price of a Serum token went as high as 32 cents, up from a low of 12 cents just two days ago. This happened as members of the decentralized exchange scrambled to implement an emergency fork after the hack of Sam Bankman-FTX Fried’s exchange raised security concerns. The serum is a decentralized exchange protocol […]
Bitcoin Trades, Losing on Fed Day? We’ll Find Out
Five of the six days after the Federal Reserve announced new interest rates, the price of BTC went in the opposite direction. This year, the price of bitcoin has changed direction five out of six times after the U.S. central bank made a decision about interest rates. On three occasions, the price of BTC fell […]