FTX Spent $40M on Luxurious Hotels, Flights, and Foods
According to documents submitted to the court, the Bahamian subsidiary of FTX spent an astounding amount of money on luxury hotels and other forms of lodging,...
Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
2023 May Be Rough For Cryptocurrency Venture Investments
According to a recent report published by Galaxy Research, cryptocurrency and blockchain venture capital investments saw a dramatic fall in 2022....
Fanatics Sells its Stake in NFT Company Candy Digital
A CNBC story, citing an internal email acquired by the network, states that Fanatics, a sports clothing and memorabilia business, is selling its 60% investment...
Genesis’ CEO Asks for More Time to Address Lending Issues
The interim CEO of cryptocurrency exchange Genesis Global Trading, Derar Islim, said that extra time is needed for the company to address the impending financial...
The SEC Has Filed an Objection to Binance’s Voyager Acquisition
The United States Securities and Exchange Commission (SEC) has filed a limited objection to the planned acquisition of the assets of defunct cryptocurrency lender Voyager...
Bithumb Former Chair Found Not Guilty Of All Charges
The 34th Division of the Criminal Agreement of the Seoul Central District Court has come to the conclusion that Lee Jung-Hoon, the former chairman of...
Su Zhu Says the DCG and FTX Conspired to Attack LunaÂ
Co-founder of Three Arrows Capital (3AC) Su Zhu has claimed on Twitter that the Digital Currency Group (DCG) was responsible for the demise of Luna,...
Binance Continues to Expand; Acquires Gopax Exchange
The biggest cryptocurrency exchange in the world, Binance, has been steadily forging strategic alliances in an effort to increase acceptance and broaden its reach....
Luxury Car Manufacturer BMW Is Embracing Crypto
BMW, a German manufacturer of luxury automobiles, intends to use blockchain technology in its day-to-day business operations and develop a blockchain-based customer loyalty program for...
Another Crypto Platform Shuts Down as the FTX Crisis Worsens
Midas Investments is the latest cryptocurrency platform to suspend deposits, swaps, and overall operations as a result of the severe financial losses caused by Celsius’...