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Tag: $40 Million

Defi Crypto Fund Raised $40 Million

The Gadze Finance USD Market Neutral Crypto Yield Fund has raised $39.9 million from 70 investors since it launched in October 2021 according to...

FTXUS Losses Revealed; SBF Responds

Conor Grogan tweeted about the millions of dollars funneled out of FTXUS. He tweeted in response to SBF’s claim that FTX was always solvent...

Financial Giant Société GénÉrale Withdraws $7 Million in DAI From MakerDAO Vault

France-based multinational financial services giant Société Générale has withdrawn $7 million in the cryptocurrency-backed stablecoin DAI from MakerDAO, out of a vault that has...

US Congress Halts Orders of Microsoft AR Combat Goggles Amid Reports of Headaches & Eyestrain

In 2021, Microsoft won a United States Army defense contract worth up to $22 billion which would support the development of an...

Five Tales from the Crypto: A Look at Recent Fundings, Payments, and Partnerships

Our first Five Tales from the Crypto column of 2023 takes a look at cryptocurrency firms receiving funding, launching new payments solutions, and...

FTX Blew $40 Million On Meals, Private Jets, And Luxury Hotels In Less Than Nine Months Before Its Collapse

Advertisement &nbsp &nbsp New court filing reveals troubled FTX splurged $40 million on luxury meals and flights before its collapse. A large chunk of...

FTX Allegedly Gave Just as Much Money to Republicans as It Did to Democrats

The drama surrounding FTX is getting a lot worse. Initially, it was believed that Sam Bankman-Fried – the man behind the now failed digital...

FTX spent $40M on food, flights, and hotels in just 9 months: Court filings

FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse,...

Codoxo Establishes Position as Healthcare Payment Integrity and Fraud,…

“For healthcare payers, agencies, and PBMs, we’re leading the way with innovation and education, especially around how advanced AI can drive down...

Crypto Contagion Lesson For Lenders: Stay Out Of Bitcoin Mining

“Contagion” is the most popular word in crypto after the disastrous fallout of the past year. And dominos keep falling as investors painfully realize...

Did FTX’s Sam Bankman-Fried Just Violate House Arrest By Cashing Out $648,000 In ETH?

Advertisement &nbsp &nbsp Recent reports by on-chain analyst, BowTiedIguana, now suggest that Sam Bankman Fried, the embattled FTX co-founder, may have pulled out 570ETH...

Raiders to Bench Derek Carr in Week 17

The Las Vegas Raiders have chosen to bench their starting quarterback in Week 17’s game against the 49ers. This is a potential money-saving move,...

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