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Bitcoin Miner Argo Blockchain Faces Class Action Suit Over U.S. Share Sale
27.1.2023
Argo failed to disclose that it suffered from significant capital constraints, electricity and network difficulties, the suit says
After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration
26.1.2023
On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart...
British authorities split on banning sale of crypto investment products
24.1.2023
The policymakers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned
Big Switch Eshop Sale: Discounts On Lego, Resident Evil, And More
21.1.2023
This week, all at once, a perfect storm of deals, discounts, and sales has hit the Nintendo Switch eShop. Batten down the hatches, open up your wallets, and check out some of these limited-time deals, including massive savings on numerous Lego titles, Mortal Kombat games, and hits from Capcom...
Popular Steam Game Raises Price After Seven Years Without A Sale
20.1.2023
Critically-acclaimed base-building hit Factorio is an odd duck. Since its 2016 Steam release, the game has never gone on sale. And now, the developer behind Factorio is changing the price of its popular game, but it ain’t getting a discount. Instead, the price is jumping up $5 next week. The devs...
Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy
20.1.2023
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This...
GTA Trilogy Arrives On Steam, Still Broken (But On Sale)
19.1.2023
Today, after some leaks and rumors, Rockstar Games released Grand Theft Auto: The Trilogy - Definitive Edition on Steam. The good news: It’s on sale, meaning you can grab all three classic games for cheap. The bad news: It’s the same infamously messy remaster that hasn’t received a substantial...
1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting
19.1.2023
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch...
Top Crypto Media Site CoinDesk Puts Itself Up For Sale - Is This A Sign of How Deep DCG’s Liquidity Problems Are?
19.1.2023
Crypto news website CoinDesk has tapped advisors at Lazard, a leading financial advisory and asset management firm, to explore a full or partial sale of its business. The move comes as CoinDesk's sister company Genesis has been hit with a liquidity crunch following the collapse of FTX....
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Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Justin Sun Says He's Interested in Putting Up to $1 Billion for a DCG Asset Fire Sale
14.1.2023
Justin Sun, founder of TRON Foundation, has revealed he is willing to spend up to $1 billion of his own money to buy assets of embattled cryptocurrency lender Genesis’ parent firm, Digital Currency Group (DCG).
In an interview with Reuters, the Chinese crypto entrepreneur said he is willing...
Celsius' mining arm announces $1.3M sale of equipment
13.1.2023
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”
Breaking: DCG owes creditors over $3B, considering $500M VC portfolio sale
12.1.2023
Crypto broker Genesis allegedly owes $900 million to clients of cryptocurrency exchange Gemini alone
You Should Get In On This Big Nintendo Switch eShop Sale
5.1.2023
Happy New Year! It’s 2023 now and while I’m nervous that this year won’t be any better than the last two pandemic-filled years, at least it’s starting off with a big ol’ Nintendo Switch eShop sale. Included in this New Years’ sale are some good deals on newer games like Sonic Frontiers and Lego...
Judge rules Celsius owns funds in Earn accounts, paving the way for stablecoin sale
4.1.2023
Judge Martin Glenn found the terms of use for the Earn program “unambiguous,” and besides that, treating account holders as unsecured creditors was more equitable
Tax attorney breaks down the MicroStrategy Bitcoin sale
3.1.2023
MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight
OpenSea witnesses sale of 1.3 M Polygon NFTs in Dec 2022
2.1.2023
OpenSea recently announced that the platform sold over 1.3 million Polygon NFTs in December 2022. The transactions amounted to over 15.3 million dollars from 116,000 active traders. Thus was the third-highest month in 2022 (based on NFTs sold for every active trader.) It amounted to 11.24 NFTs...
SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
26.12.2022
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at...
400M Twitter users' data is reportedly on sale in the black market
26.12.2022
The private contact information of Ethereum co-founder Vitalik Buterin, shark tank host Kevin O'Leary and Mark Cuban are among those purportedly for sale