#billions

11:59pm, 11th June, 2023

Binance CEO CZ responds as data points to billions in exchange outflows

Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao.

Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

8:24am, 16th May, 2023

Crypto Wiki

Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

The vulnerability was located in a file that translates human-readable code into machine language for storage.

Bitcoin single-day price surge linked to billions in USDC inflow

4:01am, 16th February, 2023

Crypto Wiki

Bitcoin single-day price surge linked to billions in USDC inflow

Bitcoin proponents called it the start of another bull run, while a few other analysts believe it's a bear trap.

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

2:21pm, 13th February, 2023

Crypto Wiki

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.

U.S. home-loan banks lent billions of dollars to crypto banks: Report

12:43pm, 21st January, 2023

Crypto Wiki

U.S. home-loan banks lent billions of dollars to crypto banks: Report

Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.

Companies and investors may need to return billions in funds paid by FTX

2:04pm, 30th December, 2022

Crypto Wiki

Companies and investors may need to return billions in funds paid by FTX

Billions of dollars paid in the months leading up to the crypto exchange's bankruptcy may be returned to pay FTX's creditors, according to an insolvency attorney.

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

2:54pm, 23rd December, 2022

Crypto Wiki

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal.

FTX hires forensics team to find lost customers’ billions: Report

9:55pm, 7th December, 2022

Crypto Wiki

FTX hires forensics team to find lost customers’ billions: Report

Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.

Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?

3:52pm, 11th November, 2022

Crypto Wiki

Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?

Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk's reported net worth has dropped by more than $86 billion in recent days.