The Effects of FTX’s Bankruptcy America’s economic evolution should not be dependent on the erratic character of news headlines. They should not be forever constrained by problems in particular industries …
Cryptocurrencies
According to a filing made on Monday with the US Securities and Exchange Commission (SEC), Tesla suffered losses of $140 million last year on its Bitcoin bet. Converting bitcoin last …
Bank Run Caused Crypto Lender Genesis To Fail; Imminent Bankruptcy Anticipated
Genesis Global Holdco LLC Seeks Quick Bankruptcy Exit with Restructuring Plan Genesis Global Holdco LLC, a crypto lender, wants to get out of bankruptcy court as quickly as possible after …
Smart Stake has become the latest to announce that it would no longer be supporting Secret Network, the privacy-focused layer-1 solution. This news comes after details of an internal conflict …
Rapid Increase Of Crypto Assets By $250 Billion Has Benefited Even “Sam Coins”
Bitcoin Is Only the Starting Point Even tokens that lost value last year because they were tied to disgraced businessman Sam Bankman-Fried have gone up in value, with some more …
After Client Withdrawals Rise, Signature and Silvergate Resort to Government-Chartered Lenders Two of the biggest banks for cryptocurrency companies are borrowing billions of dollars from Federal Home Loan Banks, a …
The Securities and Exchange Commission (SEC) has once more turned down applications for a Bitcoin spot exchange-traded fund (ETF) to be issued in the United States. The latest proposal for …
After Spending Just 2 Years In Japanese Market, Coinbase Has Decided To Get Out
Coinbase, which is based in the United States, started doing business just two years back in Japan. But the exchange has decided to stop doing business there because of how …
An Unsuccessful Bitcoin Exchange Had $413 Million Worth Of Cryptocurrencies Stolen From It, Says FTX
According to FTX, approximately 413 million dollars worth of cryptocurrencies were stolen, which resulted in the cryptocurrency exchange going out of business. In a report that was made public on …
Second-Largest Crypto Exchange By Trading Volume Publishes Its Proof Of Reserve
The second-largest cryptocurrency exchange by trading volume, OKX has recently published a report pertaining to the Proof of Reserves (PoR). OKX Publishes its PoR This is not the first time, …