Genesis creditors file securities lawsuit against Barry Silbert and DCG
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class...
Day: 24 January 2023
This $25K BTC price target would spell misery for Bitcoin shorters
Serious BTC short liquidations are just a stone's throw away, but Bitcoin has so far failed to beat resistance. Bitcoin...
British authorities split on banning sale of crypto investment products
Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied...
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%
Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month. Cathie Wood's...
Crypto becomes second most widely-owned asset class for young women: eToro survey
While crypto is dubbed the worst-performing asset class in the last year, global investors owning crypto rose from 36% to...
Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain...
Terra lending protocol Mars to launch mainnet
The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...
Binance SWIFT banking partner set to ban USD transfers below $100K
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still...
SEC Commissioner reminds ‘the point of crypto’ as market aims recovery
SEC Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn....
BlockFi to sell $160M in Bitcoin miner-backed loans: Report
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24. Bankrupt crypto lending firm...
Wormhole hacker moves $155M in biggest shift of stolen funds in months
Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds...
Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule
Bitcoin mining firm Argo regained compliance with Nasdaq's listing rule, which requires a company to maintain its common stock's minimum...
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams...
Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022
Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be...
