Tag : FTX

Banking Economy News

FalconX Hires Technology Sector Veteran Baris Cetinok As Chief Product Officer

Fintech News Desk
by Fintech News Desk0
– FalconX, a digital assets platform for institutional investors, announced that Baris Cetinok has joined the team as Chief Product Officer. As a product and technology veteran with more than 25 years of experience, Cetinok has played an integral role in shaping important business initiatives and delivering exceptional products for some of......
Cryptocurrency News Recommended

FTX Debtors and FTX DM (Bahamas) Announce Cooperation Agreement

Fintech News Desk
by Fintech News Desk0
FTX Trading Ltd.  and its affiliated debtors  and FTX Digital Markets Ltd., acting by the Joint Provisional Liquidators (Brian Simms, K.C., Peter Greaves and Kevin Cambridge), today announced their agreement on terms for mutual cooperation in the chapter 11 cases of the FTX Debtors in Delaware and the provisional liquidation of FTX DM in The......
Cryptocurrency Markets News

FTX Debtors Provide Information Concerning Bahamas Crypto Seizure

Fintech News Desk
by Fintech News Desk0
FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors (together, the “FTX Debtors”), provided information on the cryptocurrency of the FTX Debtors in the control of the Securities Commission of The Bahamas (the “Bahamas Commission”). On November 12, 2022, after the commencement of the chapter 11 cases of the FTX Debtors, cryptocurrency of the FTX Debtors......
Crypto Exchange Bitget Records 200% Growth in India in 2022
Cryptocurrency News

Crypto Exchange Bitget Records 200% Growth in India in 2022

Fintech News Desk
by Fintech News Desk0
Leading cryptocurrency exchange Bitget has recorded over 200% growth for digital assets’ trading volumes in the India market since its launch in early May ’22. With over 8 million users worldwide, Bitget has managed to capture a significant share of the South Asian market resulting in increased registrations from retail users. Bitget’s......
Cryptocurrency News Technology

Bitget Shares Merkle Tree Proof Of Reserves To Enhance Transparency

Fintech News Desk
by Fintech News Desk0
 Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method, and that users’ assets stored on the platform are......
Cryptocurrency Featured Fintech Primers Markets

Top 5 Bankruptcy Of The Crypto market In 2022

Pooja Choudhary
by Pooja Choudhary0
The hyped domain for 2022 and much talked about the crypto market, there seemed to be no shortage of high-profile bankruptcies and scandals that roiled the crypto sphere. Among all, we shall be highlighting the top 5 implosions of the crypto and give a snapshot as to whether the crypto......
Cryptocurrency Markets News

How Legacy Suite Can Protect Users From Another FTX-Like Disaster

Fintech News Desk
by Fintech News Desk0
The collapse of the cryptocurrency exchange FTX has spurred countless discussions on how to best manage and protect one’s digital assets. The misappropriation of billions in customer deposits will force regulatory bodies to act, and online discussions about the importance of digital asset management are increasing. Legacy Suite, an industry leader......
Cryptocurrency News

Crypto Startups Pays For BitLicense 5 Times Per Year In NY

Fintech Staff Writer
by Fintech Staff Writer0
Crypto organizations in New York could view themselves routinely paying as managed under the BitLicense plot — very much like banking and protection firms do.The New York State Division of Monetary Administrations (DFS) is inviting criticism on a suggestion that would request BitLicense holders reliably make good to controllers, with......
B2B News Technology

Patterson Belknap Launches FTX Task Force To Advise On Issues Stemming From Collapse Of Crypto Exchange

Fintech News Desk
by Fintech News Desk0
Patterson Belknap Webb & Tyler LLP announced the launch of an interdisciplinary FTX Task Force to assist market participants in navigating the fallout from the recent collapse of the FTX Crypto Exchange and its affiliates. The group is led by a cross-disciplinary team of attorneys from Patterson Belknap’s Business Reorganization and Creditors’......
BankLine Expands Partnerships in Wake of FTX
Banking News

BankLine Expands Partnerships in Wake of FTX

Fintech News Desk
by Fintech News Desk0
New Partner Banks Provide Crypto Businesses With Banking Stability In light of the recent bankruptcy of FTX and their affiliated companies, which may have repercussions for banks with similar liquidity exposure, BankLine ensures its clients maintain stable banking by increasing its portfolio of crypto-friendly partner financial institutions. BankLine recently added......
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