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    Tag: FTX bankruptcy

    CoinMarketCap Report: Cryptocurrency Market Analysis for H1 2023

    Analysis & prediction
    CoinMarketCap (CMC) has recently published its report on the cryptocurrency market analysis for the first half of 2023. Let’s see how Bitcoin and Altcoins are developing.

    FTX Sues Sam Bankman-Fried and Other Former Executives to Recoup Over $1M

    News
    Cryptory.net - FTX founder Sam Bankman-Fried and other former executives Caroline Ellison, Gary Wang and Nishad Singh have been named as defendants in the latest FTX lawsuit.

    Solana’s Cardinal Protocol Halts Operations Due to Economic Difficulties

    News
    The Solana-based project, Cardinal Protocol, intended to enrich the functionality of non-fungible tokens (NFTs), is winding down its operations as a result of challenging economic circumstances.

    AI Integration in Cryptocurrency may Result in Increased Scams

    Analysis & prediction
    You may recall HarvestKeeper, the AI-based project that deceived users and swindled $1 million. It is anticipated that analogous AI-based scams will surge in the coming years.

    Media Giants Continue to Ask Court to Release Details of FTX Creditors

    Community
    Cryptory.net - 4 media giants have asked the court for the 3rd time to release the list of nearly 9 million users who are creditors of the collapsed FTX exchange.

    FTT Price Doubles After News That FTX Exchange Could Reopen

    News
    Cryptory.net - FTT’s price has more than doubled following the news that the crypto exchange FTX could reopen if significant capital is raised.

    Sam Bankman-Fried Accused of Bribing Chinese Officials

    Community
    Cryptory.net - In a new indictment, the US government accused former FTX CEO Sam Bankman-Fried of bribing Chinese officials to unfreeze some accounts.

    What Could Happen Next to Silvergate Bank?

    Community
    One of the key partners of crypto companies, Silvergate Capital (SI) is on the verge of bankruptcy due to a series of financial troubles.

    Total Crypto Capitalization Lost $50 Billion Due to Silvergate Bank Crisis

    Community
    On March 3, the cryptocurrency market dyed red with the plunge of major coins. The reason is supposedly related to negative news of Silvergate Bank.
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