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Lawyers acting for the collapsed crypto exchange FTX have rebuked a $1.53 billion recovery claim from Three Arrows Capital’s liquidators, arguing the losses resulted from a risky trading strategy that should not be paid for by creditors.
, alleging claims including breach of contract, fiduciary duty and unjust enrichment. ....
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- Category: CryptoCurrency
Read more: FTX declines 3AC's $1.5 B claim, mentioning 'failed trading strategy'Lawyers acting for
Write comment (90 Comments)Real estate mogul Grant Cardone has announced the firm’s first Bitcoin purchase as it becomes the latest firm to embrace a digital asset treasury strategy.
on X on Saturday. ....
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- Category: CryptoCurrency
Read more: $5.1 B Cardone Capital buys 1,000 Bitcoin, eyes another 3,000 BTC
Write comment (99 Comments)Michael Saylor has again hinted that Strategy would buy more Bitcoin, though the company formerly known as MicroStrategy and its top brass were hit with an investor lawsuit over its $5.9 billion first-quarter loss on its Bitcoin holdings. ....
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- Category: CryptoCurrency
Read more: Saylor hints next Bitcoin buy as financier sues over Strategy's Q1 loss
Write comment (94 Comments)Cybersecurity firm Hacken has blamed a private key leak that allowed a bad actor to mint and loot $250,000 worth of the ecosystem’s native Hacken Token (HAI), causing it to plummet around 99% on Saturday.
a 99% drop in the value of HAI from $0.015 to $0.000056. ....
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- Category: CryptoCurrency
Read more: Hacken token plunges 99% after hacker mints and disposes $250K
Write comment (91 Comments)Bitcoin prices dipped below six figures for the first time since early May, but the weakness is only temporary, according to BitMEX co-founder Arthur Hayes. ....
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- Category: CryptoCurrency
Read more: Bitcoin 'weak point shall pass' after dip listed below $100K: Arthur Hayes
Write comment (99 Comments)Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. ....
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- Category: CryptoCurrency
Read more: Traders see XRP, ETH, SOL and HYPE now that Bitcoin trades below $100K
Write comment (97 Comments)Page 61 of 108