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FTX Creditor Claims Going for 13 Cents on the Dollar on Bankruptcy Marketplace Xclaim
11.1.2023
Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX
Argo Blockchain's Bitcoin Mining Margin Widens Most In at Least a Year
11.1.2023
The London-based miner's production fell 29% in December as it powered off during a Texas storm
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...
Judge Allows Binance US Bid to Buy Voyager Assets to Advance
11.1.2023
The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled
Binance pushes back against report stablecoin isn’t fully backed
10.1.2023
The crypto exchange said there was a "timing mismatch in backing Binance-Peg BUSD with BUSD" seemingly showing data in which the stablecoin was not fully backed at times
Market Maker Group One Discloses 13.5% Stake in MicroStrategy
10.1.2023
Alongside a big drop in the price of bitcoin, MicroStrategy slumped more than 70% in 2022
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
10.1.2023
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at an alleged proffer session...
Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO
10.1.2023
The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams
Analysts ‘Encouraged’ by Coinbase Layoffs as They Show Company Is Being Financially Disciplined
10.1.2023
The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step
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