Media startup says it will buy back $10 million SBF stake: Report
The company had disclosed the investment on Dec. 2, but had previously not committed to returning the funds. Go to Source Powered by WPeMatico
Month: January 2023
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community. Go to Source Powered by WPeMatico
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail … Read more
Ethereum price rally under question after ETH slams into resistance at $1.6K
ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum. Go to Source Powered by WPeMatico
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
Professionals working within the NFT space spoke about the NFT gaming trends to watch out for in 2023. Go to Source Powered by WPeMatico
Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Positive U.S. economic data initially propped up crypto and stock markets, but it appears that bulls lack the might to keep the rally rolling. Go to Source Powered by WPeMatico
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros. Go to Source Powered by WPeMatico
Genesis is planning to file for bankruptcy: Report
Another one bites the dust? Reports suggest the initial filing could come later this week. Go to Source Powered by WPeMatico
Binance registers as virtual assets service provider in Poland
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland, in order to continue using the company’s services. Go to Source Powered by WPeMatico
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan & Cromwell is “extremely misleading” and that FTX US is solvent … Read more
