Ex-CEO Alex Mashinsky, ex-CSO Daniel Leon and CTO Nuke Goldstein pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals. Source
Over a dozen other executives, including the company’s Chief Compliance Officer, Oren Blonstein, Chief Risk Officer Rodney Sunada-Wong and new CEO Chris Ferraro did not make any significant withdrawals during that time period, according to the document, one of several filed to the Bankruptcy Court for the Southern District of New York. Source
Megatech Megatech helps solve Africa’s and the world’s energy problems, by utilizing blockchain technology, MGT provides token holders with financial rewards on solar fields owned by the company. The first field, called project Beta, is a 60MW solar farm and will include 100MWh of state-of-the-art storage technology to ensure maximum profitability and the opportunity to sell green renewable energy at peak rates to blue-chip listed entities; that have already signed commitments for offtake. Furthermore, 40% of all financial gains realized from this project and future pipeline projects will vest in…
press release PRESS RELEASE. It can be increasingly frustrating when someone has a worthwhile crypto and NFT project but cannot find a way to gain enough engagement. Many people fall into this category, believing they can handle promoting their crypto and NFT projects only to be swallowed by other projects. It is not like they have a better project. Instead, most of these creators and investors choose a top crypto marketing agent to handle all their project’s online marketing campaigns and strategies. But now that you know what you have…
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to grow without adherence to or being paired with appropriate regulation, including enforcement of the existing regulatory structure.” U.S. Financial Stability Oversight Council’s Recommendations The U.S. Financial Stability Oversight Council (FSOC) published its “Report on Digital…
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are down between 70% to 90% in value against the U.S. dollar. 9 Out of 12 Crypto Assets Have Lost Significant Value Since Last Year’s Price Highs It’s almost a year later since the world’s top…
Uniswap (UNI) has led growth and gains among other top coins in the last 7 days. The price has been moving northward in the past week, with other top coins following suit. From the technicality outlook, the coin’s current support zone has been between 6.25 and 6.35, respectively. As of writing, CoinMarketCap has shown the token trading at $6.35, enjoying a 12.07% weekly gain in value. Related Reading: Bitcoin 30-Day Long-Term Holder SOPR Is Yet To Hit Bottom Values The digital asset is one of the leading gainers as it…
The GMT’s price has been in a strong upward trend in the past seven days despite other major coins nosediving. It experienced a 13% 7-day growth and a 24-hour gain of 0.53% this morning. Meanwhile, several top coins like FEI USD, Basic Attention Token (BAT), and Ravencoin have seen their prices plummet badly. STEPN (GMT) remains a major move-to-earn crypto project in the market despite fierce competition from the likes of SWEATCOIN. With a market cap of over $400 million, GMT is the 87th largest cryptocurrency by market capitalization on…
It’s no secret that the crypto market in 2022 can be a minefield. One wrong step, and you lose. But hey, we all know that investing is risky and losses are a normal part of trading. So no need to frown! We’ve got some good news! With a reliable platform to help you get started, you can minimise risks. But how can you choose a trustworthy platform among all the scam platforms, illicit apps, and other unsavoury traps waiting to lure in new traders? Well, we’ve got you covered! It’s…
Major crypto assets are not showing any significant upside in price. As such, it is hard to keep track of the top gainers in the crypto market. Still, a coin has shown impressive price action over major crypto assets. The past week has been interesting for Quant ($QNT) despite the cryptocurrency market’s fall in price. $QNT is one of the few tokens to increase despite top coins bleeding. Considering this chart, the overall price movement for QNT looks exceptionally bullish. Related Reading: Polkadot Price Watch: What A Drop In This…