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The American multinational investment bank – Goldman Sachs – intends to spend tens of millions of dollars to acquire or invest in cryptocurrency organizations. Goldman’s head of digital assets –…
A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of the…
Following the controversial interview between Sam Bankman-Fried and journalist Andrew Ross Sorkin at the New York Times DealBook Summit, SBF received a cordial invitation on December 13 from Congresswoman Waters…
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with severe issues…
Joe Lonsdale – Co-Founder of the software company Palantir Technologies – thinks multiple cryptocurrency companies will go bankrupt in the future since most function like Ponzi schemes. However, he believes…
The Bitcoin Hash Ribbon metric had a good run when it came down to signal a buying opportunity. However, the recent downturn of the market, induced by the FTX crash,…
The Australian cryptocurrency platform Swyftx laid off 90 of its employees, representing around 40% of its total workforce. CEO Alex Harper assured the company is “well-positioned” to cope with the…
Back on December 12th, Congresswoman Maxine Waters, representative of California’s 43rd district, openly invited the former CEO of FTX – Sam Bankman-Fried – to testify with aim of helping the…
The collapse of the cryptocurrency exchange FTX will go down as one of the darkest moments in crypto’s history. The company experienced severe liquidity issues in November and couldn’t honor…
Samuel Bankman-Fried took Do Kwon’s spot by becoming the most talked-about and arguably hated person in the cryptocurrency industry in November when his empire collapsed, and the community found out…