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Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
10.1.2023
The news comes the same day crypto exchange Coinbase said it was cutting almost 20% of its workforce
DCG's Barry Silbert Talks About Genesis in Letter to Shareholders
10.1.2023
A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg
10.1.2023
The company acknowledged to Bloomberg that the process of maintaining the peg “has not always been flawless,” but said the problem has now been fixed
Gemini Terminates Its Crypto Yield Product, Amping Up Battle With Genesis
10.1.2023
The move, which Gemini says requires Genesis to return all locked-up assets, sunsets the exchange's nearly two year-old Gemini Earn program
Euro Stablecoin EURR Issuance Ceased
10.1.2023
Stablecoin issuing protocol e-Money has ended its issuance of EEUR, a coin pegged to the euro, citing current market conditions as the reason
Cameron Winklevoss: 'There is no path forward as long as Barry Silbert remains CEO of DCG'
10.1.2023
Recursive trades between Grayscale trust and the Three Arrows Capital hedge fund allegedly inflated assets and fees, according to open letter from the Gemini president
Gemini's Cameron Winklevoss Calls for Barry Silbert's Ouster From DCG
10.1.2023
Winklevoss, on behalf of Gemini, called for Silbert's removal for his involvement in the disagreement between Genesis and its creditors
Coinbase Cuts Around 20% Workforce as Crypto Winter Rages
10.1.2023
Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023
FTX’s Former Engineering Chief Nishad Singh Looking for Deal From Feds: Report
10.1.2023
Singh may hold information key to showing how Sam Bankman-Fried violated numerous federal campaign finance laws
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
10.1.2023
Newly-named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients
BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
9.1.2023
The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022
Voyager tells court Binance acquisition plan is ‘sound business judgment,’ urgently needed
9.1.2023
The bankrupt brokerage answered objections from a host of interested parties, claiming its information disclosures are adequate and so is its decision making
Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
9.1.2023
The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts
Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business
9.1.2023
The cut to hold by the formerly bullish analyst team comes after the stock has suffered a 67% year-over-year decline
CoinDesk Research’s 2022 Annual Crypto Review
9.1.2023
Even though 2022 was a bear market, it was an eventful year for all facets of the crypto industry
Metropolitan Bank Heads for Crypto Exit
9.1.2023
New York-based Metropolitan Commercial Bank (MCB) is to end its cryptocurrency offering, citing recent developments in the crypto industry
Hive Earned 184 BTC From Curtailing Its Power Use in December — That's Almost As Much As it Mined
9.1.2023
The miner has also installed the first Buzzminers, computers it designed using Intel's new bitcoin mining chip
Jefferies Downgrades Bitcoin Miner Marathon Digital on Construction Delays
9.1.2023
The asset-light crypto miner won't reach its 23 EH/s hashrate target by mid-2023, the bank said, while also lowering its price target to $4
Robert Kiyosaki: SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review
8.1.2023
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and Exchange Commission is going to “crush”...
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
7.1.2023
Authorities have not yet brought charges against the company, which has faced intense scrutiny following competitor FTX's collapse in November