More Trouble For FTX: Ex-Alameda Engineer Takes The Stage To Spill The Beans
A former Alameda Research Engineer has let the cat out of the bag, revealing sordid details of his former employer and founder of FTX, Sam Bankman-Fried via an X (formerly known as Twitter) post. Employee Reveals The Truth About FTX Behind Closed Doors The crypto community has been in a state of shock after former […]
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Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […]
Denver-based Bext Holdings Inc. is making it simple for coffee farmers to receive a fair price quickly for their beans through the blockchain with its mobile app. Coffee has become a popular drink drunk by millions of people around the world, which is seeing millions of farmers growing the coffee beans to sell on. Unfortunately, making a profit doing so is not high, with the World Bank stating that many smallholders live on less than $2 per day. Now, though, with the Bext360 mobile app, farmers can ensure that they are receiving the correct price for their product. In a report from....
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021. At that time, the sum was close to $380 million. Per a recent filing in the Bankruptcy Court of Southern District of New York, the parties have reached an agreement, and Alameda will return around 6,553 Bitcoin (BTC) and 51,000 Ether (ETH) by Sept. 30. In its....
This article, which first appeared in Issue 16, takes a brief look into Tim Fillmore's TitanBTC project and what makes his cold storage coin unique from the others on the market. Before TitanBTC, Tim Fillmore previously worked on making a humor brand called ShutUpImTalking.com."During the 2010 elections, ShutUpImTalking.com had more hits than the Presidential debate. Even when you combine both candidates data," he said reflecting on his previous venture during our late morning call. His experience in pursuing niche markets would eventually spill over into his current venture, TitanBTC, a....
The bitcoin community's favorite CEO isn't done when it comes to discussing the emerging digital currency that has swept the tech industry off its feet over the past year. Today on his official Twitter account, Overstock.com CEO Patrick Byrne teased some news that we can all expect in about two weeks at a bitcoin conference that's slated to take place in Las Vegas, Nevada on October 6th. I'll have some interesting announcements to make at #BitcoinConf Las Vegas on 10/6. - Patrick Byrne (@OverstockCEO) September 22, 2014. No doubt about it, you can expect the announcements to be related to....