Crypto lender Genesis files for bankruptcy in biggest industry failure since FTX
Latest collapse comes after trillion-dollar sell-off of digital assets in 2022
Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock
The token unlock, which takes place on Feb. 2, will release 150 million coins worth about $200 million and 15% of the total supply.
Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure
The Chicago-based firm was listed among Genesis' creditors in the amount of $18 million, but Cumberland said that's too high. The document includes...
How Are P2P Scams Carried Out? 5 Ways to Avoid P2P Scams
Cryptocurrencies are unregulated and come with little protection. The risk for scams is even higher when you're exchanging money peer-to-peer.
FTX Collapse Claims Big Victim: Genesis Goes Bankrupt
The crypto lender, a subsidiary of billionaire Barry Silbert's crypto empire, has filed for bankruptcy after weeks of speculation.
Architect Announces $5M Funding Round to Develop Trading Infrastructure for Global Digital Asset Markets
Architect Financial Technologies Inc. ("Architect") today announced the closing of a $5M pre-product financing round to develop adaptable infrastructure...
Ex-FTX US Head Raises $5M for Startup Months After Exchange Collapse
Investors included the venture arms of Coinbase and Circle, a former FTX portfolio company.
3 Reasons Bitcoin Is a Screaming Buy Today
Bitcoin's most recent move could be more than just a breath of fresh air.
2023 Tech Layoffs Roundup - The Cuts So Far
Other than November 2022, which saw 52,135 workers downsized, that’s by far the largest monthly figure we’ve seen since the beginning of Q3 2020.
Three Men Tried Breaking Into Home Of Sam Bankman-Fried’s Parents, Lawyers Claim
Bankman-Fried has been staying at his parents’ multimillion-dollar Palo Alto home for the last month after posting bail.
US stocks rise but eye weekly losses as wave of tech layoffs continues
Alphabet follows Microsoft, Meta, and others tech giants in announcing mass layoffs as Wall Street continues to brace for an economic downturn.
Genesis bankruptcy filing sparks various community responses
A crypto analyst illustrated how crypto firms were potentially connected throughout all the recent bankruptcies.
