Big tech giant Amazon is taking another step to solidify a position in the crypto industry. According to a report from crypto news outlet Blockworks, the company will launch a…
Continue ReadingDogecoin (DOGE) and other altcoins are stealing some of Bitcoin’s shine as the benchmark crypto stalls at its current levels. However, the recent rally could spell trouble for optimistic traders…
Continue ReadingDespite the ongoing relief rally in the crypto market, negative news seems to be never-ending. The latest to make it to the headline today is Gemini, as the crypto exchange…
Continue ReadingGenesis Global Holdco, the parent company of embattled cryptocurrency lender Genesis Global Capital, has filed for Chapter 11 bankruptcy protection, becoming the latest firm to cave in to pressure in the…
Continue ReadingAccording to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive…
Continue ReadingSpeculation on ‘Crypto Twitter’ started going wild after a Department of Justice announcement early on Wednesday regarding a following press release. With very vague and non-descriptive language, the DoJ made…
Continue ReadingThe Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain…
Continue ReadingSilvergate, the financial institution oriented to the crypto industry, released data related to its fourth quarter, 2022. Following the collapse of one of its partners, crypto exchange FTX, the bank…
Continue ReadingCrypto exchange Binance has announced that it will be supporting the network upgrade of Terra Classic (LUNC). The exchange has also provided information on what LUNC users should expect during…
Continue ReadingFTX founder Sam Bankman-Fried (SBF) reappeared on Substack on Thursday and repeated that he did not “steal funds” in what seemed to be an outline of his legal case. SBF,…
Continue ReadingReports have emerged that the offices of crypto lender Nexo have been raided by Bulgarian authorities. The Switzerland-based company has been the subject of liquidity rumors for a few months…
Continue ReadingAvalanche and its dApp ecosystem shall now be supported by Amazon Web Services (AWS), which also comprises one-click node deployment through the AWS marketplace. With this partnership with AWS, Ava…
Continue ReadingOn Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses…
Continue ReadingThe Ethereum price has been trending to the upside over the past week as the general sentiment in the market improves. The second crypto by market capitalization could extend its…
Continue ReadingCrypto exchange Coinbase (COIN) is letting go of about 1,000 employees as part of a critical strategy to weather down the crypto winter. According to a report from Reuters, this…
Continue ReadingThe U.S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U.S. and its Office of Foreign Assets Control (OFAC) changed…
Continue ReadingBitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be…
Continue ReadingAccording to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him…
Continue ReadingAccording to a report from The Street, crypto-friendly bank Silvergate (SI) retraced on a massive 27% rally following a preliminary quarter result. The financial institution recorded a steep decline in…
Continue ReadingPer a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around…
Continue ReadingFTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to…
Continue ReadingBitcoin has seen little to no action in its first two days of 2023; the cryptocurrency is bound for a spike in volatility, but in which direction? After experiencing months…
Continue ReadingCameron Winklevoss, a co-founder at crypto exchange Gemini, released an open letter for Barry Silbert, founder, and CEO of Digital Currency Group (DCG). The parent company of Grayscale and crypto…
Continue ReadingPer a Reuters report, the founder and former CEO of FTX, Sam Bankman Fried (SBF), reached a deal with U.S. authorities. Following his extradition from the Bahamas, SBF was granted…
Continue ReadingThere have been a lot of rumors lately surrounding MicroStrategy and the massive stash of bitcoin the company currently owns. Most of these have revolved around the possibility of MicroStrategy…
Continue ReadingFTX founder and former CEO Sam Bankman Fried (SBF) had his first appearance in court following his extradition from the Bahamas. According to several reports, SBF was granted bail and…
Continue ReadingRay Youssef, CEO and co-founder of Paxful, has put his plan to remove Ethereum (ETH) from the exchange, which he revealed a week ago, into action today. The exchange is…
Continue ReadingAccording to a press release, Binance US will buy Voyager’s assets as part of the bankruptcy proceedings. The company will seek legal approval for the purchase to “the value returned…
Continue ReadingAccording to The Register’s report, big tech giant Microsoft banned crypto mining from its “Azure” cloud services. The company updated its Universal License Terms for Online Services, issued in early…
Continue ReadingThe current CEO of failed crypto exchange FTX, John Ray, showed his face and shed light on the company’s operations. Ray was appointed as part of the exchange’s bankruptcy proceeding…
Continue ReadingThe first of two key events in a historic week for Bitcoin and financial markets worldwide is in the books. While the CPI release was today at 8:30 ET, the…
Continue ReadingThe crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high,…
Continue ReadingThe crypto world is still reeling from the financial collapse of the Sam Bankman-Fried empire, FTX. With major exchanges taking proactive measures to prevent an imminent implosion, no one is…
Continue ReadingThe crypto market is struggling to get out of a bearish period mainly caused by the collapse of FTX. Yet, the infamous crypto exchange continues to bring down companies and…
Continue ReadingInvestor Kevin “Mr. Wonderful” O’Leary gave more details about his participation in failed crypto exchange FTX and his insight on its former CEO Sam Bankman-Fried (SBF). The crypto trading venue…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke about the FTX collapse, the state of crypto regulation, and its cooperation with international regulators. The SEC Chair has…
Continue ReadingBinance has been at the center of attention in the crypto industry following the collapse of its competitor FTX. The company’s CEO, Changpeng “CZ” Zhao, took to Twitter to finally…
Continue ReadingRumors are circulating on Twitter in the last few hours that Elon Musk could soon launch his own cryptocurrency, a Twitter Coin. What this means for Dogecoin (DOGE) or even…
Continue ReadingBitcoin is retracing and might be at the end of the short-term bullish momentum; the macroeconomic data might have shifted once again against it. The cryptocurrency saw profits after weeks…
Continue ReadingCrypto lender Celsius Network is undergoing the auction of its assets as part of the bankruptcy proceedings. The company was affected by the collapse of the Terra (LUNA) ecosystem and…
Continue Reading