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Crypto

Genesis Global Capital

Genesis Global Capital Reportedly Heading for Bankruptcy

Genesis Global Capital, a subsidiary of Digital Currency Group (DCG) is reportedly preparing to file for bankruptcy as soon as this week. This crypto lending

January 19, 2023
Kevin O'Leary Forecasts More Crypto 'Zeroes' Ahead

Kevin O’Leary: Future of Crypto Industry Includes ‘Many More Zeroes

Kevin O’Leary, a Canadian investor and host of the TV show Shark Tank, believes that the unregulated cryptocurrency market will lead to the collapse of

January 19, 2023
Amber Group has cut its Hong Kong staff by half

Singapore-based Crypto Unicorn Amber Group Cuts Hong Kong Workforce

Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half, from 80 to 40 people, as it tries to weather the

January 19, 2023
CoinDesk is reportedly exploring options for a partial or complete sale of the company

CoinDesk Reportedly Considering Sale Options: Report

Digital Currency Group (DCG), the parent company of CoinDesk, is reportedly exploring options for a partial or complete sale of the company. This news comes

January 19, 2023
Poloniex

Poloniex celebrates its 9th anniversary

Panama City, Panama, 18th January, 2023 Poloniex is celebrating its 9th anniversary this year as one of the most well-established global crypto exchanges, with more

January 19, 2023
Fasttoken holds the public sale of its cryptocurrency, FTN

Fasttoken holds the public sale of its cryptocurrency, FTN

Tortola, British Virgin Islands, 18th January, 2023 Fasttoken (FTN) is excited to announce its initial exchange offering (IEO), set to take place from Jan. 18

January 18, 2023
Digital fashion brand Syky has raised $9.5 million

Seven Seven Six Leads $9.5 Million Investment in Digital Fashion Company Syky

Digital fashion brand Syky has raised $9.5 million in a Series A funding round led by Seven Seven Six with participation from other investors such

January 18, 2023
Court documents reveal FTX executives raised concerns about client fund usage

FTX executives expressed worries about client fund usage, court papers reveal

Sam Bankman-Fried is facing allegations that he siphoned billions of dollars in customer funds and used the money for personal gain. According to authorities, the

January 18, 2023
FTX has defended its decision to retain law firm

FTX defends decision to engage Sullivan & Cromwell as advisor

FTX, a cryptocurrency exchange, has defended its decision to retain law firm Sullivan & Cromwell (S&C) as an advisor, in response to objections raised about

January 18, 2023
Coinbase

Coinbase ends Japan operations, asks customers to withdraw assets

Coinbase Global Inc, one of the largest cryptocurrency exchanges in the world, has instructed its customers in Japan to withdraw their crypto and fiat holdings

January 18, 2023
Intella X, a web3 gaming platform

Intella X, a web3 gaming platform built on Polygon, raises $12 million in funding

Intella X, a web3 gaming platform, has raised $12 million in funding ahead of its launch on the Polygon blockchain. The platform was developed by

January 18, 2023
DeSo launched DeSo DEX

Coinbase-Backed DeSo DEX Launches as World’s Fastest On-Chain Order Book Exchange

Los Angeles, CA, 17th January, 2023 Takeaways: Until recently, few believed a fully on-chain order-book exchange was technologically possible. As a result, users were forced

January 18, 2023
FTX.com revealed that it had lost around $415 million

FTX reveals it had lost around $415 million worth of crypto to hacks

On Tuesday, FTX.com, the bankrupt cryptocurrency exchange, revealed that it had lost around US$415 million worth of cryptocurrencies to hacks since it filed for bankruptcy

January 18, 2023
Digital Currency Group (DCG)

Digital Currency Group prioritizes liquidity over dividends

Digital Currency Group (DCG), a venture capital firm, has informed shareholders that it will be halting its quarterly dividend payments for the time being in

January 18, 2023
Vauld crypto lender

Vauld Given Additional Time to Propose Financial Recovery Plan

The Singaporean authorities have reportedly granted Vauld, a cryptocurrency lender, an extended period of creditor protection. According to reports, Vauld has until February 28th to

January 18, 2023
Silvergate Capital Corp.

Silvergate blames “crisis of confidence” for $1 billion loss in crypto sector

Silvergate Capital Corp., a U.S.-based cryptocurrency bank, reported a loss of $1 billion for the fourth quarter of 2022, due to a “crisis of confidence”

January 18, 2023
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