CeFi News

Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures.

Some cryptocurrencies will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to Arca’s chief investment officer, Jeff Dorman.

The exchanges are yet to finalize the potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price.

The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval.

Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022.

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.

The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds.

Binance’s US arm has rolled out a feature called "Pay" that was launched by its global parent to users outside the US in 2021.

Sam Bankman-Fried has been the subject of many lawsuits and investigations since the collapse of FTX, with more likely to follow.

The funds are made up of crypto held within custody accounts on Celsius that had not been transferred to Earn accounts.

Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.

Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market.

While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF.

Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.

The former CEO had a wide-ranging interview in which he made a number of startling remarks.