Crypto Assets

The bank is currently hiring a Product Director for tokenization use cases and digital assets.

The use of Quickbooks in keeping track of finances is popular among small and medium businesses but not in multi-billion dollar companies.

In a filing with the Securities and Exchange Commission on Jan. 31, Tesla disclosed that it had recorded a gross impairment loss of $204 million to Bitcoin in 2022.

"Beware, projects of 2 weeks or less that appear trying to sell you a token and have no product are very suspicious," the Twitter account of the Shib Army fighting for fudders said.

Kusama said they are "working on that and some other final details to ensure a smooth launch based on the above info."

A report said that Musk has already formed a small team to look into the possibility of Twitter pivoting toward digital payments and processing that could include cryptocurrency.

The DOJ reportedly requested that a bail condition preventing Sam Bankman-Fried from accessing or transferring assets at FTX and the crypto hedge fund he founded, Alameda Research, be left in place.

United States District Judge Lewis Kaplan ruled that the identities of the persons who helped Bankman-Fried with his $250 million bail bond would be revealed next month.

"Stop following, cotweeting, or replying to random NFT accounts just bc of their pfp, followers, and engagement," the online sleuth advised his followers.

Bankman-Fried's lawyers said the prosecutors' move was "an apparent effort to portray our client in the worst possible light."

Shibarium is not precisely a blockchain but an additional layer that runs on top of the Ethereum blockchain network with the basic aim of taking an extra load of Shiba Inu transactions.

Kwasteniet, Celsius' lawyer, told US Bankruptcy Judge Martin Glenn that the bankrupt crypto lender has been talking with its creditor groups on how to create a new company and launch a new token to creditors as part of its payout plan.

The money was seized from a little-known bank named Farmington State Bank, which is located in rural Washington state, court filings revealed.

"It's very early days, but we continue to believe that stablecoins and central bank digital currencies have the potential to play a meaningful role in the payments space, and we have a number of initiatives underway," Visa CEO Kelly revealed.

One of the founders of the hedge fund who used to work at Jane Street, is believed to be Sam Bankman-Frid ex-lover .

"Our holders have spoken. We're going to cut our supply and stop the mint to move forward with creating the best experience for an exclusive community," Porsche said in a tweet.

BlockFi lawyers previously said that the crypto lender's exposure to Alameda Research was valued at $671 million and an additional $355 million digital assets frozen in FTX.

The lawsuit was filed by Connecticut-based law firm Silver Golub & Teitell against Silbert and DCG "on behalf of individuals and entities who entered into digital asset lending agreements with Genesis Global Capital, LLC."

The issue between CZ and Sam Bankman-Fried dates back to November when the Binance CEO announced his exchange would slash all of its FTT tokens.

The said house was used by Bankman-Fried's lobbying team as a headquarters at the time when his political influence in Washington started growing.

The sudden surge in the price of FTX's native token FTT baffled many investors since FTX filed for bankruptcy in November 2022.

The report revealed that based on a court filing, U.S. prosecutors seized $700 million in assets from Bankman-Fried this month, mainly in the form of Robinhood stock.

The recent achievement, alongside its active community and use cases, could position the meme coin as a viable financial instrument.

Since the start of the new year, Bitcoin showcased an impressive price rally soaring from its previous price of below $17,000 to around $23,000 these days.

The Shiba Inu coin saw an uptrend since the start of this year, with investors placing their bets in the dog-themed altcoin to make a profit in anticipation of Shibarium's launch.

Aside from the poll, various social media influencers, content creators, developers and key personalities within the Shiba Inu ecosystem also pledged their support to Kusama.