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Crypto Services Firm Prime Trust Has Fired CEO Tom Pageler
29.11.2022
Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned
Ukraine-based blockchain firm blasts 'fake news' for crypto donation rumors amid FTX collapse
29.11.2022
Sergey Vasylchuk, the CEO of Everstake, said individuals behind Russian propaganda used the fall of FTX "to spin yet another tale about money laundering."
Following BlockFi Bankruptcy, This Company Just Revealed Its Exposure to the Firm – NEXO Next?
29.11.2022
The crypto-friendly US-based bank Silvergate had less than $20m in exposure to the now-bankrupt US-based crypto lender BlockFi. But with yet another bankruptcy in the space, more people are now asking if Nexo – one of the last major crypto lenders still standing – will be the next to...
Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff
29.11.2022
With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the...
Firm Behind FTSE 100 Unveils Crypto Index Series
29.11.2022
FTSE Russell, the company behind the benchmark index of the U.K. stock market, has rolled out a set of eight indices covering the digital asset market
Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million
29.11.2022
Bankrupt crypto lender BlockFi is suing FTX's founder Sam Bankman-Fried to seize shares in the US trading platform Robinhood, allegedly pledged as collateral by the former FTX CEO just days before the exchange notoriously imploded....
Read More: Bankrupt Crypto Firm BlockFi Sues FTX Founder...
Firm with $4.5 Trillion Worth of Assets Under Management Enables Bitcoin Trading
29.11.2022
U.S. asset manager Fidelity Investments has decided to launch Bitcoin (BTC) trading for retail investors, catering to the needs of a growing number of the company’s clients.
"The wait is over," the company said in an email m sent to a group of its users on November 28, declaring that a Fidelity...
LBRY alleges Apple forced it to censor certain terms during COVID-19
29.11.2022
After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
28.11.2022
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
28.11.2022
Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
Co-Founder of $3 Billion Crypto Firm Dies at 30 – Here’s What You Need to Know
26.11.2022
Tiantian Kullander, co-founder of $3 billion crypto finance service provider company Amber Group, passed away in his sleep on November 23.
The company’s official website now displays a pop-up that confirms the death of Kullander and also shares some details about his achievements. ...
Read More:...
Co-Founder of $3 Billion Crypto Firm Dies at 30 – Here’s What You Need to Know
26.11.2022
Tiantian Kullander, co-founder of $3 billion crypto finance service provider company Amber Group, passed away in his sleep on November 23.
The company’s official website now displays a pop-up that confirms the death of Kullander and also shares some details about his achievements. ...
Read More:...
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
25.11.2022
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion....
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
25.11.2022
Several regulators, including the Alabama Securities Commission, are looking into whether Genesis may have violated securities laws, according to Barron’s
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
25.11.2022
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while...
Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust
24.11.2022
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring...
This Exchange Enables Users to Self-Audit the Firm’s Crypto Reserves – This is How it Works
24.11.2022
Major crypto exchange OKX said it launched a self-audit feature, which currently supports three cryptoassets.
"You can now verify your assets are backed 1:1 on OKX," said the announcement. The new feature supports bitcoin (BTC), ethereum (ETH), and the USDT stablecoin, with more assets to come...
Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP
24.11.2022
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms...
Ethereum Software Firm ConsenSys Reveals it Collects User Data
24.11.2022
The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected