Business News
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Singapore-based crypto exchange ByBit will lay off 30% of its workforce
Bybit, ranked 3rd exchange for derivatives and 8th for spot by CoinMarketCap, announced in an internal company statement preparing to…
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Sber, Russia’s largest bank, announced the compatibility of its blockchain with Ethereum
Sber, which counts the Russian government as his main shareholder, announced that its proprietary blockchain platform will be compatible with…
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Asset manager BlackRock lost $24 million in FTX collapse
BlackRock is one of the biggest hedge funds around the world, with an estimated $10 trillion in assets under management…
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Indonesian central bank published a whitepaper for digital rupiah
Bank Indonesia, the island country’s central bank, published a whitepaper outlining plans to develop and launch a digital rupiah, under…
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“I didn’t knowingly commingle funds” said SBF during his DealBook Summit Interview
The FTX collapse has led many to lose vast amounts of money and we probably haven’t yet seen all the…
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Binance acquires Japan-based exchange SEBC
In order to increase its reach, and despite ever growing fear in this crypto winter, Binance decided to acquire licensed…
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Crypto bank Seba expands with new offices in Hong Kong
The Switzerland-based bank, which was the first bank to introduce NFT custody services into its offering, is expanding to the…
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Brazil adopts crypto as legal mode of payment
A few weeks ago, we announced that Tether would be made available at 24,000 ATMs across the Latin-American country. The…
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Kraken pays around $362,000 in fine to U.S. regulators to settle in Iranian sanctions’ violations affair
On Nov. 28, an official statement from the U.S. Department of the Treasury announced that cryptocurrency exchange Kraken and the…
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Amazon is reportedly working on a docuseries on the FTX collapse
The FTX debacle has media all over the world spending time and energy trying to cover any new piece of…
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Fidelity Investments now allows retail investors to trade BTC and ETH
“The wait is over”. Those are the words Fidelity Investments sent in an email to users who signed up for…
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Blockfi files for bankruptcy and sues SBF over collateral
Three weeks after they suspended user withdrawals because of a “lack of clarity”, Blockfi filed for Chapter 11 bankruptcy. The…
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Putin wants to create a blockchain-based international payment system
Speaking at a conference on artificial intelligence, Russian President Vladimir Putin expressed his point of view on the creation of…
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Binance transferred $2 billion in BTC to an unknown wallet
127k Bitcoin, worth more than $2 billion, were moved from Binance to an unknown wallet earlier today. The large move…
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Binance’s Industry Recovery Initiative funds reportedly holds $2 billion from Binance
Binance Changpeng Zhao had announced the launch of an emergency fund for projects facing a liquidity crunch a few days…
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Sam Bankman-Fried is supposed to be a guest speaker at the Dealbook Summit
It must seem like a joke, but Sam Bankman-Fried is supposed to be a guest speaker at the New York…
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As of Sept. 30, Coinbase held 2,000,000 Bitcoin
Most exchanges are publishing their Proof-Of-Reserves, motivated by the need for transparency, underlined in so many tweets by Binance‘s CEO…
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The Bank Of Japan launches a pilot program for its digital yen
Central banks around the world are working on issuing their own Central Bank Digital Currencies (CBDC). Several countries have already…
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J.P.Morgan enters the world of crypto wallets
After a successful first transaction in DeFi at the beginning of the month, through the Polygon blockchain, J.P.Morgan Chase is…
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SBF claims “There is still a chance to save the company”
In a letter to FTX’s staff, shared by finance journalist Liz Hoffman, FTX’s founder apologized once again for the situation…
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Genesis is allegedly owed $2.8 billion in outstanding loans
Recent reports led to believe that Genesis Global was on the brink of bankruptcy. A report from Bloomberg stated that…
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Ark Invest buys more GBTC and Coinbase shares
The prices of digital assets continue to drop as the news keep on coming out in the FTX story and…
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CoinMarketCap launches Proof-of-Reserves tracker
The need for transparency is ever more important in the crypto industry. As such, CoinMarketCap, the leading market price aggregator,…
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Binance Labs invests in cold wallet maker NGRAVE
Binance Labs, the investment branch of the popular exchange, announced that it would take the lead in the upcoming Series…
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FTX hacker starts to dump ETH, markets could suffer
The author of the FTX hack, who is reportedly close to FTX, has started to dump large amounts of ETH,…
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Customers who lost funds need to file Proof of claim before January 3rd
Amid the FTX debacle, the Celsius bankruptcy case is still ongoing. An official statement from the United States Bankruptcy Court…
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FTX owes $3.1 billion to its 50 biggest creditors
FTX announced in a court filing on Saturday that the exchange owes about $3.1 billion to its 50 biggest creditors,…
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Elon Musk issued an ultimatum, employees resign
After firing Twitter’s top executives and half of the workforce, Elon Musk sent an email to all remaining employees, issuing…
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Genesis looked for a $1 billion loan before halting withdrawals
According to a confidential fundraising document cited by the WSJ, Genesis was looking for an emergency loan of $1 billion…
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Blockfi received a $250 million loan in FTT tokens
Recent filings to the United States Bankruptcy Court for the District of Delaware reveal that on Sept. 30, FTX loaned…
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