A Hong Kong woman has reportedly been scammed to the tune of nearly $1 million after being enticed to send money to a fake crypto trading platform. According to a new report from the South China Morning Post (SCMP), a 46-year-old woman from Hong Kong was tricked into sending just over $900,000 to 15 different […]
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Dog-themed crypto asset Dogecoin (DOGE) is surging after Coinbase announced its plans to launch futures trading for the memecoin. According to a filing by Coinbase earlier this month, the top US-based crypto exchange platform registered with the Commodity Futures Trading Commission (CTFC) to offer DOGE derivatives starting on or after April 1st. “Pursuant to Commodity […]
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The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s attorneys say that the sentence recommendation is draconian and brands the former chief executive as a “supervillain.” “The government’s memorandum is disturbing. With marked hostility, […]
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Top US-based crypto exchange platform Coinbase says it will be raising $1 billion worth of convertible bonds from institutions. In a new press release, Coinbase announced today its intention to privately offer $1 billion worth of convertible notes due in 2030 to “persons reasonably believed to be qualified institutional buyers.” “The notes will be senior, […]
The post Coinbase To Raise $1,000,000,000 in Convertible Bonds From Institutional Buyers As COIN Rallies 81% in a Month appeared first on The Daily Hodl.
Binance is planning on rolling out support for a new decentralized derivatives exchange altcoin via its Launchpool platform. The top global crypto exchange platform by volume says its 48th Launchpool project will be Aevo (AEVO), an Ethereum (ETH)-based digital asset exchange that supports options, perpetual futures, and other products within a single margin account. Launchpool allows […]
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Crypto asset manager Pantera Capital is reportedly raising funds to finance a nine-figure purchase of smart contract platform Solana (SOL) from bankrupt crypto exchange FTX. According to a new report by Bloomberg, Pantera is seeking funds to buy $250 million worth of the Ethereum (ETH) rival from the failed digital asset exchange. The report cites […]
The post Pantera in Fundraising Efforts To Finance Purchase of Solana (SOL) Valued at $250,000,000 From FTX: Report appeared first on The Daily Hodl.
The government of Nigeria is demanding billions of dollars from Binance, alleging that the crypto exchange manipulated the exchange rate of its fiat currency. According to a new report by the BBC, the Nigerian government is slapping Binance with a $10 billion fine, claiming that the top global crypto exchange by volume manipulated foreign exchange […]
The post Nigerian Government Demands Nearly $10,000,000,000 From Binance for Alleged Foreign Exchange Rate Manipulation: Report appeared first on The Daily Hodl.
New data reveals meme asset Dogecoin (DOGE) futures have reached a record-setting $1 billion worth of open interest. According to market intelligence platform Coinglass, the dog-themed memecoin has hit an all-time high of $1 billion worth of open interest, or the total number of outstanding derivatives contracts for a given asset. The data unveils that […]
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Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX. In a new court filing, Bankman-Fried’s lawyers say they disagree with the Presentence Investigation Report (PSR) recommendation that the former executive should be sentenced to 100 years behind bars. The PSR – which is prepared […]
The post Sam Bankman-Fried’s Lawyers Push for Maximum 78-Month Sentence, Say Recommended 100 Years Is ‘Grotesque’ appeared first on The Daily Hodl.
Bankrupt crypto exchange FTX is planning on selling one of its subsidiaries, Digital Custody, Inc. (DCI), to CoinList at a massive discount. New court documents reveal that FTX is going to sell DCI, which it planned to use to provide custodial services for FTX.US and LedgerX customers, to crypto exchange CoinList for just $500,000 after […]
The post FTX Plans To Sell Digital Custody Inc to CoinList for $500,000 After Acquiring the Firm for $10,000,000 appeared first on The Daily Hodl.
