“[We’re] going through what feels to be a little bit like a Long Term Capital Management moment in crypto,” said the founder and CEO of investment management firm Galaxy Digital in an interview. LTCM nearly…
LONDON, June 15 (Reuters) - U.S. cryptocurrency dealer Genesis Trading said on Wednesday its balance sheet is strong and its lending business continues to meet client demand, days after rival lender Celsius Network sparked a…
Smoke billowed from the Freeport LNG plant in Quintana, Texas, after an explosion last week.Credit…Maribel Hill, via ReutersHOUSTON — Ever since Russia invaded Ukraine in February, Europe has desperately tried to find new sources of…
On Tuesday, Coinbase announced that it plans to lay off 1,100 employees. Miguel Cuevas, a learning and development program manager, was one of those affected. He says the company broke its promise to employees and…
Bitcoin tumbled again, driving the token to the brink of $20,000 as evidence of deepening stress within the crypto industry kept piling up. There’s a growing sense of anxiety about…
The buzz around crypto currencies seems to have attracted the attention of cyber fraudsters. Cyber security experts have seen a whopping 2,00,000 phishing attacks in the last five months to steal the digital currencies from…
Marketing in the cyber finance world is a unique type of advertising. So many factors influence the blockchain industry, from market volatility and innovation to community feedback. All of those factors pose a challenge that…
“Because of Slack being this virtual workspace that you can’t ever actually get out of, like 24 hours a day the anti-committee … at 3 in the morning would post,” Wes McEnany, one of the…
Even while MicroStrategy’s CEO remains optimistic despite the crypto market’s current dire condition, these times have proven to be the most agonizing for all stakeholders, including the software company. Michael Saylor, the chief executive officer…
Aiming to empower creators and users, Chingari, the short-video sharing social media app, has announced the GARI mining program under which the platform will offer cryptocurrency with the same name. GARI, the social tokens, will…
Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is the key, and the rewards will…
Good morning. Britain’s tech sector has been given a welcome boost this morning after it emerged SoftBank is planning to list some of its stake in chip designer Arm in London. The Japanese conglomerate had…
As some crypto exchanges are cracking under pressure and sending employees packing, Binance’s CEO said the company is on a hiring spree. Binance if offering 2,000 positions to qualified talents, according to co-founder Yi He.…
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. The world’s largest cryptocurrency…
Companies Coinbase slashes 1,100 jobs as crypto downturn worsens Wednesday June 15 2022 Coinbase Global Inc will cut about 1,100 jobs, or 18 percent of its workforce, the cryptocurrency exchange said on Tuesday, the latest…
The Financial Industry Regulatory Authority plans to increase its resources to understand and monitor cryptocurrencies as more of the Wall Street watchdog’s members trade digital assets, Chief Executive Officer Robert Cook said on Tuesday. “We…
Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports CoinDesk
Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets. “Obviously,…
Crypto markets have recently crashed as part of a global sell-off in risky assets. Bitcoin has fallen by 25% in the past month, while Luna has lost 99% of its value. Three crypto experts told…
Following Bitbuy acquisition, WonderFi has reduced staff by at least 15 to 20 percent. The cryptocurrency market has been getting crushed in recent months, amid what has also been a tough period for tech firms…
