Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry confidence caused by the FTX implosion,” according […]
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX. Source link
The Treasury Committee held a hearing on Monday to question officials from crypto companies in the aftermath of FTX’s collapse, and Daniel Tinder, offered to send the document after Member of Parliament Harriett Baldwin, who […]
Investments that are reported on Schedule D of your tax return include stocks, bonds, crypto, collectibles and homes. So you can use losses from any of these asset classes to offset each other and get […]
Other companies in addition to Matter Labs, like the research-oriented Scroll platform and the Ethereum juggernaut Polygon, are progressing on their own ZK-rollup platforms. Together, these firms represent the first cohort of a new class […]
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs. Source link
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added […]
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The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions. Source link
Ark Investment Management purchased 315,259 shares worth about $2.8 million in the Grayscale Bitcoin Trust (GBTC) with GBTC currently trading near a record discount to net asset value (NAV) following FTX’s collapse. Grayscale and CoinDesk […]
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