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
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
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
(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
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
(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...
Trillions of Dollars!
An investing rule of thumb like "if anyone pitching an investment ever uses the word 'trillion,' hang up" would probably serve most people reasonably well. Bloomberg's Matt Levine takes a close look at a wild scam. [ungated] [CW: crypto]
The Metaverse Could Be Better Than The Best Internet Game—Or Simply A Security Pipe Dream
The jury is still out on what the metaverse could be.
Crypto investments hit a 2-year low at the end of 2022
In 2022 venture capital investments into crypto startups fell dramatically between the first and second half of the year according to an end of year report...
New York AG sues former Celsius CEO Alex Mashinsky for defrauding investors
Alex Mashinsky, former CEO of the bankrupt crypto lender Celsius Network, is facing a new lawsuit from accusing him of defrauding investors in New York.
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...
Crypto losses in 2022 dropped 51% year on year to $4B
Crypto losses are defined as a combination of hacks and alleged fraud incidents, Adrian Hetman, tech lead of the triaging team at Immunefi, previously told...
