News (86637)

DCG Announces Letter To Shareholders, Owes $447.5M in USD And 4,550 BTC To Genesis Capital

Digital Currency Group (DCG) is cutting costs and streamlining operations in order to position...
Published on 3 year(s) ago

DCG Bites Back at Winklevoss as Barry Silbert Distances Company From FTX and SBF

A dispute between Digital Currency Group and Gemini over locked user funds continues to escalate.
Published on 3 year(s) ago

Silbert: DCG Borrowed Hundreds of Millions From Genesis at 10-12% Interest

The cryptocurrency industry has a “lot of hard work to do” on the heels of a brutal 2022,...
Published on 3 year(s) ago

Plaintiff Voluntarily Dismisses Lawsuit against Do Kwon and Terraform Labs: Details

The Matthew Albright vs. Terraform Labs case filed against the firm behind the development of the...
Published on 3 year(s) ago

Twitter Preparing to Launch New “Coins” Feature

Twitter is inching closer to introducing its internal token for tipping creators
Published on 3 year(s) ago

Chart Analysis Hints Avalanche Coin Is At A Make-or-Break Point; Keep Holding?

Amid the new year recovery in the crypto market, the Avalanche coin price rebounded from the $10.5...
Published on 3 year(s) ago

Ex-Coinbase manager's brother sentenced to 10 months in insider trading case

This is believed to be the first insider trading case involving cryptocurrency.
Published on 3 year(s) ago

Gemini terminates Genesis loans, officially ends Earn Program

A loan agreement from Genesis for the Earn Program is no more, and the program will officially shut...
Published on 3 year(s) ago

Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO

The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand...
Published on 3 year(s) ago

Bear Market Puts Coinbase CEO’s $3.7B Compensation in Deep Hibernation

Brian Armstrong was once on track for a quick and speedy payday worth billions after Coinbase went...
Published on 3 year(s) ago

Binance-peg BUSD stablecoin was sometimes undercollateralized - report

Cryptocurrency exchange Binance admitted that its Binance-peg BUSD stablecoin, which was designed to...
Published on 3 year(s) ago

Lido DAO (LDO) Token Outperforms Market With 62% Weekly Gains

The crypto market is still highly unpredictable and volatile in January 2023. The market generally...
Published on 3 year(s) ago

Argo Blockchain: Down But Not Out (Except From My Portfolio)

Summary Crypto miner Argo Blockchain has sold its key data centre though expects to continue...
Published on 3 year(s) ago

Thiel, Tom Brady, Gisele among list of FTX shareholders disclosed in court

A new bankruptcy filing reveals additional equity holders in crypto exchange FTX and the size SBF's...
Published on 3 year(s) ago

BlockFi to Reveal Statement of Financial Affairs on January 11th

The company had earlier laid off 20% of its workforce amidst industry headwinds in the summer of...
Published on 3 year(s) ago

Cardano’s 30% Recovery In A Week Has ADA Whales Back In Accumulation Mode

Cardano (ADA), the 8th most valuable cryptocurrency by market capitalization, experienced a colossal...
Published on 3 year(s) ago

Analysts ‘Encouraged’ by Coinbase Layoffs as They Show Company Is Being Financially Disciplined

The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts...
Published on 3 year(s) ago

Swiss Central Bank Incurs $143B Loss; Biggest Loss in 116 Years

According to Bloomberg reports, the Swiss Central Bank revealed a total loss of $143 billion for the...
Published on 3 year(s) ago

5 signs that an altcoin bull run could be underway

Record-low volatility and potentially positive macroeconomic data are providing crypto traders with...
Published on 3 year(s) ago

SEC Charges Creators of Alleged $45,000,000 Crypto Scheme That Promised 500,000X Returns

The U.S. Securities and Exchange Commission (SEC) is charging the team behind the CoinDeal scheme...
Published on 3 year(s) ago

Coinbase Lays Off Nearly 1,000 Employees, CEO Brian Armstrong Cites Crypto Bear Market Plus Economic Downturn

The largest US-based crypto exchange by volume is cutting its workforce to help survive the...
Published on 3 year(s) ago

Can Riot Platforms Weather Crypto Winter With Increased Bitcoin Production?

Summary The company mined 659 Bitcoins in December, a 26% increase from the previous month. Riot has...
Published on 3 year(s) ago

Wyre Imposes Daily Withdrawal Limit For All Users Amid Swirling Rumours Of A Winding Up

The crypto winter has stretched longer than predicted by many experts and has made several web3...
Published on 3 year(s) ago

House of Lords members call for crypto regulation beyond upcoming financial bill

UK parliamentarians debate the Financial Markets and Services Bill and call for stronger crypto...
Published on 3 year(s) ago

Ethereum bulls remain euphoric but bears will look to erase all the recent gains

Disclaimer: The information presented does not constitute financial, investment, trading, or other...
Published on 3 year(s) ago

Cardano Founder Shares His Thought On Upcoming Improvements On The Platform

ADA price is recovering after hovering around $0.25 for one month. The Cardano’s native token has...
Published on 3 year(s) ago

US lawmakers call on court to approve 'independent examiner' in FTX bankruptcy case

Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information...
Published on 3 year(s) ago

FatMan Squawks Against the Fallen Three Arrows Capital Co-founder

With many CEOs of fallen exchanges still at large, the crypto community has noticed activity from...
Published on 3 year(s) ago

Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’

Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce,...
Published on 3 year(s) ago

Twitter Developing ‘Coins’ Feature With Stripe Payments

The new feature will allow users to reward individual tweets with “Awards” using “Coins,”...
Published on 3 year(s) ago