Tag: Worth
FTX seeks sale of Grayscale and Bitwise trust assets worth $744 million
Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets from crypto [...]
FTX Plans to Sell $744M Worth of Grayscale, Bitwise Assets Through Investment Adviser
The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million, [...]
Twitter is now worth half of the $44B Elon Musk paid for it: Report
Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an i [...]
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York [...]
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC
In an action filed as part of Genesis' bankruptcy case, Gemini is seeking to gain control of the GBTC shares, which, Gemini said, "would completely se [...]
FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies
The latest transactions followed $19 millions worth of crypto moved from FTX cold wallets to exchanges.
www.coindesk.com [...]
Bitcoin HODLers Stash BTC Worth $1.35B Each Month, Onchain Data Show
"Over +50k BTC per month are currently being Vaulted by HODLers, suggesting both a tightening supply and a widespread reluctance to transact," Glassno [...]
Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.
www.coindesk.com [...]
Florida Lawmaker Asks if Mar-a-Lago Can Be Taxed at Value Trump Claimed It Was Worth
The former president’s valuation of his residence and private club is part of New York’s civil fraud case against him.
www.nytimes.com [...]
Cocaine worth Rs 300 crore seized in J-K’s Ramban, two Punjab residents arrested
Police have recovered 30 kg of cocaine worth Rs 300 crore in international market from a vehicle in Jammu and Kashmir’s Ramban district, [...]
Hong Kong police recover $11M worth of assets in JPEX case: Report
Hong Kong security chief Chris Tang Ping-keung has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media has [...]
Crypto Fund Management Opportunity Could Be Worth as Much as $50B, Bernstein Says
The crypto industry is expected to transition from a "cottage industry" with $50 billion of managed assets to a "formal, regulated asset management in [...]
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition [...]
Vitalik wallet sends 400 ETH worth $600K to Coinbase
Blockchain sleuths have flagged several Ether (ETH) transactions from a wallet associated with Ethereum co-founder Vitalik Buterin in September 2023, [...]
Duo poses as cops, dupe Yemeni of forex worth ₹3 lakh
Pune: Two men posing as cops duped a Yemeni national of USD 4,000 ( ₹3,20,000) in Kondhwa on September 11. The complainant Abdul Mohsin, 48, of [...]