FTX spillover continues to spread as 2 more crypto exchanges initiate layoffs
As Sam Bankman-Fried's crypto saga carries on, crypto exchanges OSL and Amber have slashed costs and initiated plans for layoffs.
FTX Exploring Whether To Restart Bankrupt Exchange, New Chief Says
“Everything is on the table,” John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said in a WSJ interview Thursday.
FTX token jumps after CEO says 'viable business' could emerge from bankruptcy - Yahoo Finance
FTT, the token associated with bankrupt crypto exchange FTX, was rallying on Thursday after comments from its bankruptcy-era CEO John Ray III suggested an...
Why Hiring Freezes And Attrition Are More Favorable Than Layoffs
Putting a pause on hiring and nudging attrition without backfilling the roles are lesser-known business strategies to cut costs in an uncertain environment.
Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site
The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.
Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry
Reduced inflationary pressure fueled crypto investors' appetite for risk markets, eliminating the possibility of bears profiting from the Jan. 20, $580 million Bitcoin options expiry.
First Mover Americas: BTC, ETH Drop Amid Genesis Bankruptcy Reports
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
2023: The Year Regulators Finally Grasp Crypto?
Amid a prolonged collapse in asset prices, the digital assets space had a wild 2022. The problems may force regulators’ hands on the crypto space.
Bailout or business as usual? Home Loan bank advances to crypto ... - American Banker
Both Silvergate and Signature banks, two of the most active crypto counterparties in the banking sector, received advances from the quasi-governmental lenders to offset falling deposits.
The SEC Is Coming For Crypto + Mike Fay's Top Token For 2023
Mike Fay, founder of BlockChain Reaction, is our guest this week. Click here to listen to Mike's hot take on FTX, the recent rise in Bitcoin and crypto prices.
Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease
The recent risk revival in traditional markets and cryptocurrencies may not sustain because the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said.
Former Gagosian Head of Digital Builds Generative Art Gallery Tonic.xyz
The gallery, which will help artists mint their works on-chain, will also seek to onboard the fine art world to the Web3 space through merging the physical and digital worlds.
