According to a declaration filed by Genesis interim CEO Derar Islim, the company has more than $5 billion in liabilities – a sum considerably larger than its assets which, according to a presentation to the […]
FTX’s FTT token was up 8% for the day. Equities closed up. Source link
On-chain data shows the annual rate of change in the Bitcoin Puell Multiple has exited the bear market zone, a sign that a bull rally may be here. Bitcoin Puell Multiple 365-Day Rate Of Change […]
Bankrupt crypto lender BlockFi is willing to offer certain employees a 10% to 50% retention bonus as it seeks to prevent a mass employee exodus. According to BlockFi Chief People Officer Megan Cromwell, BlockFi risks […]
On one side: Democrats (some, not all) say SBF’s misdeeds are a function of crypto, highlighting its supposed laxness and irresponsibility. How else do you explain the rise of a hugely rich and powerful man-child? […]
After crypto exchange FTX’s bankruptcy proceedings revealed poor segregation of customer funds, the New York regulator is reminding service providers to keep clean records. Source link
Krug sees the “end state” of crypto as a world where the “average person will have apps on their phone that give them access to DeFi, where they’ll be able to engage in financial transactions […]
Bitwise Chief Compliance Officer Kathrine Dowling is optimistic on stablecoin regulation in the US in 2023. According to Dowling, stablecoins will the first to be regulatory as what needs to be done is mostly straightforward. […]
Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency. Source link
Loosely inspired by Damian Hirst’s NFT project The Currency, Butcher has decided to introduce a burn mechanic that allows holders to remove their edition from circulation and trade it in for an on-chain original featuring […]
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