Coinbase is seeing a terrible year with its stock down 86% to $42 dollars from a peak of $370 in November 2021. Their bonds have also crashed to $52 for the 2028 maturity from $100, giving it a yield ...
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US SEC Seeks to Stop American CryptoFed from Registering Algorithmic Stablecoin and Stabilizing Asset
The American CryptoFed DAO is said to have failed to thoroughly inform the SEC about its business, management, and financial condition. The United States Securities and Exchange Commission (SEC) has a...
Polkadot (DOT ) Snags The No. 1 Spot In Dev’t Activity This Month
Certainly a welcome change for those who work in crypto. Despite widespread doom and gloom, Polkadot native coin, DOT, has become the most discussed cryptocurrency in the community. Still, that’s not ...
Jim Cramer reacts to Disney ‘renaming’ Bob Iger as its CEO
Walt Disney Co (NYSE: DIS), on Monday, renamed Bob Iger as its Chief Executive, replacing Bob Chapek after less than three years in that role. Shares opened nearly 10% up. Cramer sees it as a positi...
FTX showed the value of using DeFi platforms instead of gatekeepers
The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end. But, an understanding of history points not to crypto’s...
Customers of Bankrupt Lender Celsius Can File Proofs of Claim by January
Celsius’ motion, approved by U.S. Bankruptcy Court of the Southern District of New York last week, requires customers to submit proofs of claim on or before Jan. 3, 2023. Any person or entity – ...
Elizabeth Holmes and Sam Bankman-Fried: How wunderkinds go wild
Elizabeth Holmes and Sam Bankman-Fried are two former wunderkinds whose names will be remembered for scandal. How did they go from rising to fallen stars? One business leader and authority on executiv...
Ethereum Whale Worth 720,000 ETH Wakes up to Make These Manipulations: Details
Gamza Khanzadaev Ethereum whale worth $817 million reactivates after being dormant for two years An unknown Ethereum whale holding 720,000 ETH, equivalent to $817 million, has “woken up” a...
Armstrong holds no Coinbase stock but who has GBTC’s bitcoin?
Brian Armstrong has sold every last share of Coinbase common stock that he held since IPO. The last sales were recorded on November 11, quietly occurring as crypto markets focused almost exclusively o...
E-Commerce Aggregator Society Brands Has ‘Robust’ Pipeline Of Acquisitions; Rolls Out Tech Stack
Society Brands, an Amazon aggregator, is aggressively growing its portfolio. Getty Images Tech-enabled consumer products company Society Brands, which acquires e-commerce native brands that primarily ...
IOTA Makes It To Final Phase Of European Blockchain Pre-Commercial Procurement
– Advertisement – IOTA is one of only three firms to make it to the final phase of the EU’s cross-border service blockchain initiative. IOTA has made it to the final phase of the European ...
Is It Over? One Simple Reason It Is Not
The headquarter of Standard and Poors in Manhattan. getty Depending on how you define a crash, we’ve had one. In the old days a crash was any fall from the high of 25% or more. The S&P 500 fell 26...
INFINT Acquisition Corporation Announces Plan to Make Additional Contributions to Trust Account in Support of Extension Amendment Proposal
NEW YORK–(BUSINESS WIRE)–INFINT Acquisition Corporation (“INFINT”) (NYSE: IFIN, IFIN.WS), announced today that it affirmed its intention to support the proposal to amend the Company’s Amended and Rest...
BoE speculates FTT token fire sale may have sparked FTX collapse, calls for widespread regulation
Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on Nov. 21, where he said that the FTX collapse was triggered by an FTX Token run and that the crypto sp...
Potential in India Workers Despite Market Doubts
Binance sees India as a source for a new generation of employees, despite its doubts about business developments in the country. Binance chief technology officer Rohit Wad said that India would be one...
JPMorgan officially registers a cryptocurrency wallet trademark
American banking giant JPMorgan (NYSE: JPM) continues to advance in the cryptocurrency sector, with the lender showing its intent to explore different products through trademark filings. In this line...
Caroline Ellison and the secrets behind the collapse of FTX
The once obscure figure of Caroline Ellison has recently emerged as a major figure behind the apparent success and then surprising collapse of FTX. The exchange, whose token is FTT, has suffered colla...
Tether Or Binance’s Failure Could Mark The End Of Cryptocurrency – Dogecoin Founder
To allay the concerns of global investors Dogecoin’s founder, Shibetoshi Nakamoto believes that the collapse of either the cryptocurrency exchange Binance or the stablecoin issuer Tether might drastic...
Bitcoin Interest Spikes – Trustnodes
Interest in bitcoin has suddenly spiked recently to 50 out of 100 according to Google trends. Searches for bitcoin were on a downwards spiral since June 2022 when they peaked for this year, falling to...
Is the return of dollar longs the trade for the rest of the year?
The trading week started with the US dollar gaining ground across the FX dashboard. EUR/USD dropped more than -0.8%, AUD/USD as well, and USD/JPY traded above 141 again. The return or Dollar long trad...
Orbeon Protocol Setting New Highs by Bringing Venture Capital and Crowdfunding to the Blockchain
[PRESS RELEASE – Please Read Disclaimer] Venture capital has powered some of the most disruptive companies in the world. From Facebook to Airbnb and Uber, some of the most innovative startups got thei...
Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs
Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stocks struggling, oil tumbling and the dollar higher as Monday’s session gets underway. In a shortened w...
Filecoin is back at near-term range lows but can traders look to buy FIL
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The one-hour timeframe order block has served well in the past Ind...
Coinbase clears the air about Grayscale’s Proof of Reserves
Grayscale Investment admitted last Friday that investors of its cryptocurrency investment products are becoming more inquisitive about the safety of the assets. Not surprisingly, this follows the stor...
FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities
The FTX insolvency case has placed the crypto exchange in shambles, leading to the Chapter 11 bankruptcy filing. While the proceedings remain on course, customers whose assets are stuck on the platfor...
SEC’s Fault In Grayscale (GBTC) Bitcoin Proof Of Reserves Issue?
Grayscale Proof Of Reserves: Grayscale Investments, the world’s largest crypto asset manager, is facing backlash from the crypto community for not revealing its proof of reserves. Meanwhile, industry ...
Legal Personhood For AI Is Taking A Sneaky Path That Makes AI Law And AI Ethics Very Nervous Indeed
Should AI be granted legal personhood is perhaps being replaced with the fact that apparently AI can … [+] already garner legal personhood via a bit of corporate trickery. getty Would you like t...
What Does FTX Tell Us About The State Of Venture Capital?
Sam Bankman-Fried dons a tie to speak at a congressional hearing on digital assets, December 2021. The Washington Post via Getty Images Much has been written about the implications of FTX’s collapse f...