Crypto Lender Genesis Cuts 30% Workforce Amid Liquidity Crisis
Genesis Global Trading, one of the leading crypto lenders, has just slashed 30% of its workforce amid severe liquidity crisis following the collapse of Three Arrows
Companies (Latest Publications)
Latest news about Blockchain and Cryptocurrencies focused on companies in the sector.
More and more companies are starting to use blockchain and are entering the world of cryptocurrencies, which makes this technology increasingly closer to being used by the people.
In this section, we will publish the latest news about the companies that use or want to start using blockchain in their day to day, the mergers and collaborations of these and all the news of interest always under the journalistic rigor that characterizes us.
Crypto Bank Silvergate Reports Major Asset Sell-Off to Deal with Market Meltdown
Just like other firms, the collapse of FTX greatly affected Silvergate as well. As per a recent update, the bank had to sell its assets at
Animoca Brands Cuts Metaverse Fund Target to $1 Billion
Animoca Brands has established a name for itself as one of the leading web3 and blockchain investors. In a recent development, Animoca has drastically lowered the
LG Partners with Tech Platform Oorbit to Launch Interoperable Metaverse
South Korean electronics juggernaut, LG has joined forces with Oorbit, a cloud technology company, to bring an interoperable metaverse experience directly to LG smart TVs.
FTX Crisis Continues: $465M Robinhood Shares Seized
The United States Attorney’s Office is currently seizing shares of Robinhood Markets Inc, whose names are associated with Sam Bankman-Fried, as part of its investigation into
Coinbase $100M Settlement with US Regulators Affects the Stock
As part of a settlement with New York state’s Department of Financial Services, cryptocurrency exchange Coinbase agreed to pay a $50 million penalty to resolve accusations
Sam Bankman-Fried pleads “not guilty” to all charges
Just previously, Sam Bankman-Fried was arrested on criminal charges after the development of investigations of the FTX collapse. He spent days in a Bahamian jail where
Arcane Research: Binance Dominates the Crypto Market
According to the latest report published by Arcane Research, Binance is the leader in the crypto market, and Arcane is confident that it can continue to
Crypto Exchange Bithumb Ex Chair Acquitted of Fraud Charges
Lee Jung-hoon, the South Korean crypto exchange Bithumb’s former chairman who was accused of fraud charges totaling $70 million, was found “not guilty” by the 34th
DCG and FTX Connived to Attack Terra LUNA and stETH; 3AC Co-Founder
The co-founder of 3AC claims that DCG and FTX conspired against Terra LUNA and stETH. Zhu has also claimed that DCG is worthless, as Genesis creditors
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