Geneva-based Tyr Capital Partners is facing a $22 million setback due to the collapse of a cryptocurrency exchange. FTX. The Cayman Islands legal action, led by investor group TGT, accuses Tyr Capital of overlooking important risk management measures and investor cautions associated with its participation in FTX. These alleged oversights of cryptocurrency hedge funds have had significant financial implications. FTX bankruptcy leaves hedge fund in legal trouble The lawsuit focuses on allegations that Tyr Capital failed to respond quickly to FTX’s financial problems. TGT alleges that the company raised concerns with Tyr’s Chief Investment Officer between November 7 and 10,…
Author: Crypto Flexs
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According to Lookonchain’s analysis, bankrupt FTX/Alameda’s cryptocurrency holdings are at $1.19 billion, with FTT tokens leading the way with $482.98 million. As the cryptocurrency market experiences a bull market, these holdings, including BTC and ETH, could have a significant impact on the outcome of a bankruptcy. Lookonchain’s latest analysis provides a surprising look at FTX/Alameda Holdings’ remaining cryptocurrency assets, worth $1.19 billion as of February 20, in the context of the company’s ongoing bankruptcy proceedings and the recent bull market in the cryptocurrency market. The holdings reflect a snapshot of a once-mighty empire within a blockchain industry that is currently…
February 19th Bitcoin Stamp, what is it? Posted at 15:45h education by admin Bitcoin Stamps introduces a new way to embed art within the Bitcoin blockchain by leveraging the Counterparty protocol to integrate Base64-encoded image data directly into Bitcoin’s blockchain. This method stands in sharp contrast to traditional NFTs, which are often linked to external images that can be altered or lost. By encoding works of art directly on the blockchain, Bitcoin Stamps ensures that works of art are permanently recorded and immutable, establishing a fixed presence within the blockchain’s historical record. The process of creating a Bitcoin stamp involves…
STRK, the native token of Starknet, is scheduled to begin trading on centralized exchanges later today after distribution claims opened for nearly 1.3 million wallets.Once liquidity requirements are met, trading will begin on centralized exchanges including Binance, Bybit, Bitfinex, and OKX. Binance has confirmed that it will open trading for select pairs at 8 AM ET.Starknet is an Ethereum Layer-2 network that leverages the ZK-Rollup solution for decentralized application scaling. The tokens will help decentralize and govern the network, according to the Starknet Foundation’s token offering plan last week.“The STRK token was created to allow STARK-based scaling to occur in…
Dubai, 19 February 2024 – Think you understand DeFi? Jalapeño Finance (https://jalapeno.finance) plans to flip the script with Volatility Vaults. Forget about chasing boring yields by locking up your crypto and praying that the market holds up. Now it’s time to play the volatility game. Launching $JALA token pre-sale on February 20, 2024, this vault will test your market prediction skills. (Note: Token sale is not available to citizens/residents of the United States or Canada.) $JALA: Not found on Uniswap What is the point of $JALA token? Access to volatility storage. With $JALA, you bet on whether the volatility of…
Global digital asset investment products recorded significant inflows last week, totaling $2.45 billion.CoinShares’ latest weekly report confirms that inflows into digital asset investment products have surged, with assets under management reaching a high not seen since early 2022 (currently $67 billion). The US spot ETF market played a pivotal role in these developments, securing $2.4 billion in inflows last week.Bitcoin remains the clear market leader, accounting for approximately 98% of total inflows last week. The increased confidence also seeped into Ethereum, which received $21 million in inflows. Altcoins such as Litecoin and XRP saw minimal but consistent inflows during the…
Cryptocurrency mining is rapidly gaining popularity and adoption around the world. The cryptocurrency mining market has seen tremendous growth in recent years as more people look to capitalize on the rising value of digital currencies such as Bitcoin. Industry analysts predict that the global cryptocurrency mining market will expand at a CAGR of 7.8% to reach a value of over $2.26 billion by the end of 2029. Rollman Mining emerges as an innovative ecosystem in an expanding market. Rollman Mining aims to democratize access to Bitcoin mining as interest in cryptocurrency mining grows. Their innovative platform allows even individuals without…
Digital asset investment products saw record inflows of $2.45 billion, pushing total assets under management to $67 billion, with Bitcoin dominating, benefiting major players such as Avalanche, Polygon, and Chainlink. Digital asset investment products saw record inflows last week, totaling $2.45 billion, according to a recent report from CoinShares Research. These large inflows, along with recent price increases, have pushed total assets under management (AuM) to $67 billion, the highest level since December 2021. The United States accounted for 99% of the total inflow, at $2.4 billion. This represents a significant acceleration in net inflows that are widely dispersed across…
A widely respected cryptocurrency analyst believes that Bitcoin (BTC) is peaking, but that Ethereum (ETH) and other altcoins will rise soon. Michael van de Poppe says The 694,300 followers on social media platform The DePIN project involves using cryptocurrency assets and blockchain technology to encourage the construction of real-world infrastructure. Van de Poppe said: “Strong weekly candle in ETH/BTC. It seems very likely that the rotation has begun. DeFi/DePin will perform significantly better. Bitcoin is close to its peak. “Other ecosystems are also starting to work well.” ETH/BTC is trading at 0.05700 BTC ($2,953) at the time of writing, up…
Running an LND node. I experimented for another almost two years. I then started a small (2 people) consulting firm. This node is now used to build and try out expertise. So it is now part of the company. -> I need to do accounting properly : 1 – Set the exact state of the node on the company’s founding date ( 4 months ago …) 2 – From then on, you will receive detailed reports of all transactions (on-chain, off-chain, routing, fees…) with dates. 3- From now on, it is the same as item 2. I tried using the…