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11 best high-interest CDs and savings accounts today: 6-month CDs paying up to 4.50% APY
11 best high-interest CDs and savings accounts today: 6-month CDs paying up to 4.50% APY

MySavingsDirect, UFB Direct, CFG Bank, Popular Direct, Alliant, Crescent Bank, and Quorum FCU have some of the best high-interest accounts today.

CME Crypto Trading Volume Slumped to 2-Year Low in December
CME Crypto Trading Volume Slumped to 2-Year Low in December

Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines.

US stocks fall as strong jobs data dashes hopes for a swift change to aggressive Fed policy
US stocks fall as strong jobs data dashes hopes for a swift change to aggressive Fed policy

The US dollar spiked to a four-week high as traders place bets on more Fed rate hikes after the strong ADP jobs report.

Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors

New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in.

Crypto Layoffs: Here's the Grim Count Since April
Crypto Layoffs: Here's the Grim Count Since April

As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.

Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules

Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit last October, a Puerto Rico judge said.

New Solution Simplifies Tax Time For Crypto Funds
New Solution Simplifies Tax Time For Crypto Funds

DOWNERS GROVE, Ill., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Crypto Fund Tax, a full suite of tax services, including tax allocations, reporting, and filings for...

MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate's Woes
MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate's Woes

Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition.

Crypto Lender Genesis Lays Off 30% More of Its Staff
Crypto Lender Genesis Lays Off 30% More of Its Staff

The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies.

Silvergate’s ‘Worst-Case Scenario’ Fuels Wider Concern on Crypto
Silvergate’s ‘Worst-Case Scenario’ Fuels Wider Concern on Crypto

(Bloomberg) -- Silvergate Capital Corp. made one of the US banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss...

Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules

A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender...

Crypto Brokerage Genesis Eliminates 30% of Staff in Latest Cuts
Crypto Brokerage Genesis Eliminates 30% of Staff in Latest Cuts

(Bloomberg) -- Genesis Global Trading Inc. has laid off more than 60 employees in its latest round of job cuts, amounting to roughly 30% of the troubled...

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