FTX
Solana Veterans Raise $17M for 'Backpack' Crypto Wallet, Exchange
Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with the now-bankrupt crypto exchange FTX.
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
Solana's Major 5-Hour Outage; Treasury Secretary Janet Yellen Warns of Crypto Risks
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including details on Solana's five-hour outage and the slump in SOL tokens following the incident. Bankrupt exchange FTX wants to sell its stake in AI startup Anthropic. And, U.S. Treasury Secretary Janet Yellen warns of the potential hazards the crypto industry poses.
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.
FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'
Court filings show the crypto estate wants to agree procedures so that it can sell the shares at the "optimal" time.
Bitcoin Ends the Week Higher; New Developments in FTX Hack Mystery
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the U.S. federal government charging three people with a yearslong phone hacking conspiracy that culminated in the infamous theft of $400 million from FTX. The price of bitcoin (BTC) is ending the week higher after some new central bank decisions. And, comedian Larry David speaks out about his infamous Super Bowl ad.
