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Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Silvergate gets more bad news as Moody’s slashes its ratings
6.1.2023
The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets
6.1.2023
The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face
Macroeconomic data points toward intensifying pain for crypto investors in 2023
6.1.2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
6.1.2023
After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing
December DeFi exploits were the lowest in 2022: Finance Redefined
6.1.2023
The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone
Crypto Experts Predict the Price of These New Altcoins to Explode 10x in 2023
6.1.2023
In 2022, the cryptocurrency market underwent a massive transformation with leading companies like FTX and Luna collapsing. This new reality has sparked numerous debates about transparency and control in this rapidly expanding industry. How will nations across the globe regulate these currencies?...
Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
6.1.2023
A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
US authorities launch page to notify FTX's victims about SBF's case
6.1.2023
According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification
Huobi net outflows crossed over 60M within the past 24 hours: Report
6.1.2023
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week
Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
6.1.2023
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX
MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users
6.1.2023
Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency market in 2022 and the development of MEXC...
Sam Bankman-Fried's lawyers claim he needs Robinhood shares 'to pay for his criminal defense'
6.1.2023
The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares, but said SBF was “compelled to reply” given other claims
Best Crypto to Buy Today 6th January – FGHT, XMR, D2T, LRC, CCHG, HNT
6.1.2023
US unemployment applications declined to the lowest amount in more than three months today, January 6, displaying an incredibly robust job market despite the Federal Reserve's efforts to reduce high inflation by moderating economic activity....
Read More: Best Crypto to Buy Today 6th January...
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
6.1.2023
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating...
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
6.1.2023
Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers
5 Best Penny Cryptos Under $1 If Bonk Token Bull Run is Over
6.1.2023
The bull run in Bonk!, the first Solana-based dog meme coin, may have run its course. BONK, a token issued on the Solana blockchain that was airdropped a few weeks ago for free to Solana investors across the ecosystem, is sliding rapidly on Friday.
According to DEX Tools, BONK/USD was last...
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
6.1.2023
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high....
Marathon Digital experiments with overclocking to increase competitive advantage
6.1.2023
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC