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.
The Fool's Game Of Annual Crypto Price Predictions
Cryptocurrencies operate on different fundamentals from traditional investments, and investor sentiment plays a much larger role in determining prices. Human sentiment is notoriously unpredictable and can be significantly impacted by unforeseen events.
Mark Cuban Warns of Potential New Crypto Scandal and Fraud
The billionaire investor tells TheStreet that a new scandal will soon rock the cryptocurrency industry.
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.
French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloomberg
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said.
Silvergate Tumbles After FTX Implosion Prompts $8.1 Billion Bank Run
(Bloomberg) -- Silvergate Capital Corp. slumped in early trading after the bank said the crypto industry’s meltdown triggered a run on deposits, prompting...
Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon
Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via structured products that offer enhanced coupon with downside protection, Marex Solutions' Ilan Solot said.
Silvergate Stock Plunges As FTX Collapse Triggers $8.1 Billion In Customer Withdrawals
Silvergate Capital shares plunged lower Thursday after it said the collapse of FTX lead to a rush of withdraws at the crypto lending specialist amid what it called a "crisis of confidence across the digital asset ecosystem."
2 more alarms just went off, signaling a dire year ahead for crypto
The rock-bottom mood of the crypto space was apparent on Thursday after shares of Silvergate Capital crashed 48%, while Coinbase fell as much as 13%.
Federal agencies team up for a joint statement on crypto risks to the banking industry
A handful of regulators issued a formal warning to banks—but a few key agencies were nowhere to be found.
FTX Debacle Endangers Sam Bankman-Fried Loved Ones, Lawyers Claim
Bankman-Fried's lawyers disclosed that SBF parents, both professors at Stanford Law School, have been on the receiving end of physical threats since the epic collapse of FTX.
U.S. authorities to seize US$460 mln of Robinhood shares in FTX fraud case
U.S. prosecutors are moving to seize the US$460 million worth of Robinhood Markets Inc., shares linked to Sam Bankman-Fried, the former chief executive officer of Bahamas-based bankrupt cryptocurrency exchange FTX.com.
