Fasttoken Holds the Public Sale of Its Cryptocurrency, FTN

Place/Date: Tortola, British Virgin Islands – January 18th, 2023 at 3:03 pm UTC · 2 min read Contact: Fastex, Source: Fastex Fasttoken (FTN) is excited to announce its initial exchange offering (IEO), set to take place from Jan. 18 to 20, 2023. A limited number of 10 million tokens will be available for public sale, with a price of 0.35 euro per token. Fasttoken is the official cryptocurrency of Fastex, a complete Web3-driven ecosystem that includes Fastex Chain, Fasttoken, ftNFT marketplace, Fastex Pay and the ecosystem’s metaverse, Fastex Verse. The…

FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News

On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share the news. FTX Uncovers $5.5 Billion in Liquid Assets Through ‘Herculean Investigative Effort’ FTX has discovered $5.5 billion in liquid assets, according to a press statement released at 2:40 p.m. Eastern Time, Tuesday. The debtors,…

Apple Halts Development of Its Apple Glasses

While Apple has made it a more productive venture to focus its developmental efforts on AR/VR headsets and to find ways to make them more affordable, its focus is also on what the future of communication will evolve into eventually. American multinational technology giant Apple Inc (NASDAQ: AAPL) has indefinitely delayed the launch of its most revered Apple Glasses headsets. As first reported by Bloomberg, the postponement was based on the fact that Apple is facing significant technical difficulties to develop the product at this time. The news comes after…

FTX Identifies $415 Million Hack amongst Recoverable $5.5 Billion Digital Assets

Embattled crypto exchange FTX fingered a $415 million hack from November as part of assets recovered to pay off creditors. Fallen crypto exchange FTX has identified a $415 million crypto hack as part of the $5.5 billion worth of digital assets for recovery. In a statement, the exchange’s new CEO, John Ray III, said it took extensive investigative efforts from the team to achieve this revelation. On Tuesday, FTX also provided further details revealing that it had recovered $1.7 billion in cash and $3.5 billion in liquid crypto. In addition, the former second-largest crypto…

Bitcoin Price Erases Entire FTX-Related Decline in Latest Surge

A check of traditional markets finds the 10-year U.S. Treasury yield down a whopping 12 basis points to 3.38%, its lowest since mid-September, and well below the current Fed Funds rate target of 4.25-4.5%. This sort of “inversion” has typically been an excellent forecaster of a recession, or at least a sizable economic slowdown. Should that come to pass, it would surely mean easier monetary policy than currently forecast, a possible boon to risk assets, including bitcoin. Source

NFT Collection NimTeens Explores Just How Fast the NFT Space Moves

“The Web3 and NFT space has changed dramatically in the two years since we released NimBuds,” said Brinkman. “Art Blocks has grown into one of the most respected and profitable projects in the ecosystem, generative characters took off and became the most notable style of the space, and generative art has become appreciated in auction houses and museums.” Source

Aave Price Surges As V3 Cloud Upgrade Draws Near

Amid the ongoing rally in DeFi TVL, we’ve seen positive news and innovation popping up from the ecosystem. As the Aave protocol V3 cloud upgrade draws near, its native token, Aave, has skyrocketed since the beginning of this year, reaching higher highs for the first time in the last few months.  Aave is an open-source liquidity protocol and its upcoming V3 cloud launch is just one of the protocols pending plans yet to be initiated. An Aave supporter with the Twitter handle @0x4Graham disclosed the upcoming upgrade launch.  According to…