FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion
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South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore,
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Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The
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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of
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Chinese Indexes Company Launches Hang Seng Metaverse Index
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in
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Deutsche Bank to Exit Russia, Says There Will Be No New Business There
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on
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Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token
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Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with
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