Blockchain News

In March 2023, legal teams representing FTX US and Alameda Research filed a complaint against FTX Digital Markets, a Bahamas-based company, alleging that it was a fraudulent enterprise used to obscure the question of the firm's ownership.…
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The DeFi world was rocked when Euler Finance fell victim to the biggest DeFi hack of 2023, with $197 million in funds stolen. Since then, the crypto community has been closely following the on-chain movements of the stolen funds, hoping to…
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FTX was one of the most important cryptocurrency exchanges prior to its failure, which coincided with the creator and CEO, Sam Bankman-Fried, resigning from his position. The platform's image, on the other hand, was damaged by charges of…
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In recent years, the banking industry in the United States has been confronted with a number of issues, including the failure of large banks and the necessity of involvement by the federal government to avert an economic meltdown. These…
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UBS would be able to reduce the size of Credit Suisse's investment bank as a result of the purchase, with the combined firm constituting no more than a third of the newly combined business. A merger between UBS and Credit Suisse would…
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The banking industry has been facing risks from uninsured deposit withdrawals, with almost 190 banks at a potential risk of impairment to insured depositors and potentially $300 billion of insured depositors at risk, as revealed by…
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