Ethereum
Robinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter. Source link
Ethereum
Ethereum
AI Token Search Traffic Spikes as Crypto Traders Seek Exposure
Whether their bravado should extend to crypto is up for debate. Walter Teng, vice president of Digital Asset Strategy at Fundstrat Global Advisors, said in a twitter message with CoinDesk, “Seems like fomo, boredom, degeneracy, […]
Ethereum
NFL Rivals Game Adds Hurts, Mahomes to NFT Lineup Ahead of Super Bowl
Nonetheless, Mythical aims to garner hype around its upcoming game with new player cards. The presale opens to holders of the unique Rarity League collection on Thursday, followed by a public sale Friday. The 1,000-unit […]
Ethereum
EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme
Despite Alexandre’s alleged fraud, however, many of his customers have continued to support him. At Alexandre’s plea hearing last year, supporters from around the world traveled to cheer him on, telling Bloomberg that EminiFX was […]
Ethereum
FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other ‘Insiders’
“The Movants are authorized under Bankruptcy Rules 2004 and 9016 to issue subpoenas to the any or all of the Insiders for the production of documents, electronically stored information, or tangible things, including those responsive […]
Ethereum
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Trading. Source link
Ethereum
Will the SEC Convince a Court It’s Right to Label These Tokens as Securities?
“The tokens’ value is driven by market forces, not managerial efforts – as evidenced by the fact that the tokens are almost all functional (i.e., they can operate without any centralized intermediary) and that each […]
Ethereum
FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work
The more than 151 staff assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance. Source link
Ethereum
Three Arrows’ Founder Refused to Comply With Subpoena, Stonewalling Probe, Court Told
Davies and co-founder Su Zhu “have refused to meaningfully engage,” said a filing on behalf of Russell Crumpler and Christopher Farmer, who now represent the bankrupt company. Davies and Zhu “have made only selective and […]
Ethereum
Here’s Why Artificial Intelligence Focused Cryptocurrencies Are Vastly Outperforming Bitcoin
Tokens of blockchain protocols claiming to utilize AI technology have been on a tear in the past months. Some are sold on the hype, while some remain wary. Source link