On Wednesday morning, Genesis announced to clients that it would pause withdrawals from its lending arm, citing “unprecedented market turmoil” due to the now-bankrupt crypto exchange FTX. ...
Tag: Client
Crypto exchange Gemini reports broad outage, says client funds ‘secure’
UPDATE (1:35 p.m. ET): Gemini says its services have been restored following the outage. Gemini’s crypto exchange is offline. The outage is affecting a number of services, including its tr...
New Huo Technology unit gets $14M loan from ex-Huobi CEO Leon Li to cover client funds stuck on FTX
Hbit Limited, a fully owned subsidiary of New Huo Technology, has approximately $18.1 million worth of assets stuck on FTX, which filed for bankruptcy last week, according to Nov. 14 press release. Hu...
BlockFi pauses client withdrawals – the details
Crypto news this week has had one major headline: FTX. And under that could be numerous subplots – one of which is BlockFi, a crypto lender with ties to the collapsing crypto exchange FTX and wh...
Crypto trading firm GSR will cover client losses from FTX collapse, will no longer trade on Huobi
Crypto trading firm GSR told employees that the firm has no exposure to Alameda Research and “manageable exposure” to FTX following the crypto exchange’s collapse. “We re...
US Regulators Probe FTX for Mismanagement of Client Assets: Report
United States financial regulators have reportedly launched a probe into FTX – one of the world’s largest crypto exchanges that is now unable to process customer withdrawals. The investigators intend...
Rivian Stock: Earnings On Tap As Key Client Amazon Rolls Out More Electric Delivery Vans Rivian Stock: Earnings On Tap As Key Client Amazon Rolls Out More Electric Delivery Vans
Electric-vehicle startup Rivian (RIVN) will report earnings late Wednesday, as key client Amazon (AMZN) rolls out more than 1,000 of its electric vans just in time for holiday deliveries. Rivian stock...
Are FTX Client Funds Doomed? SBF Sends Email To Investors
Events surrounding the FTX and Binance drama spilled over yesterday. With the demise of FTX, the second largest exchange in the world and one of the supposed flagships of the industry, the crypto mark...
Bank of New York Mellon CEO Says Recent Entry Into Bitcoin and Crypto Services Driven by Client Demand
The CEO of Bank of New York Mellon Corporation (BNY Mellon) says that America’s oldest bank is launching Bitcoin (BTC) and crypto custody services in response to rising demand from clients. Last week,...
Arbitrum Developer Acquires Ethereum Consensus Client Prysmatic Labs
Ethereum smart contract scaling solution developer Offchain Labs announced that it is acquiring Prysmatic Labs, one of the core engineering teams that architected the Merge and built Prysm. According ...
Arbitrum Acquires Prysmatic Labs, Leading Ethereum Client Team
Vladislav Sopov Competitors from Optimism (OP) have already called this acquisition “biggest test in a long time” for Ethereum (ETH) governance Contents Arbitrum acquired team of Prysm: Wh...
Arbitrium’s Offchain Labs acquires leading Ethereum client
Arbitrum’s parent company Offchain Labs has announced its acquisition of Prysmatic Labs, a core Ethereum development team. Prysmatic Labs is the engineering team behind Prysm, Ethereum’s leading conse...
Offchain Labs Acquires Ethereum Consensus Client Prysmatic Labs
The financial terms of the acquisition have not been disclosed Scaling will be a primary focus for the team moving forward Ethereum smart contract scaling solution developer Offchain Labs has acquired...
Arbitrum team buys Prysm client, promises to remain “neutral”
Offchain Labs, the company primarily responsible for developing the Arbitrum scaling solution for Ethereum announced that it’s acquired Prysmatic Labs, the company responsible for developing the Prysm...
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’ – Finance Bitcoin News
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund...
NY bank ordered to share client user data in IRS crypto tax probe
The Internal Revenue Service (IRS) has issued a court summons forcing M.Y. Safra Bank to share the details of a client’s users in order to crack down on tax evasion in relation to crypto transactions....
Ethereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’ – Technology Bitcoin News
Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers,...
Vitalik reminds node operators to update client before the Bellatrix upgrade
Ethereum co-founder Vitalik Buterin is reminding node operators to upgrade their clients before the Bellatrix “hard fork,” slated for Sept. 6. Buterin said that the scheduled upgrade will be the final...
Bybit Collaborates With Circle to Provide USDC Spot Pairs And Client Integrations
To facilitate the expansion of Bybit as a gateway for retail and institutional USDC-settled products, the third largest crypto derivatives exchange by volume, Circle Internet Financial, a global digit...
Crypto.com accidentally transfered $10.5M to client instead of $100 refund
According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.co...
AntPool won’t maintain client assets on Ethereum after The Merge amid ‘risk of censorship’
AntPool, operated by mining giant Bitmain, said that it will not maintain clients’ assets on Ethereum after the blockchain moves to proof-of-stake next month in The Merge. The Merge will transition Et...
AntPool to Stop Maintaining Ethereum (ETH) Client Assets Post-Merge
Crypto mining pool AntPool has said it will no longer manage Ethereum accounts after the Merge and has asked customers to provide their private ETH addresses. AntPool made the announcement in a blog p...
Ethereum 2.0 Client Teku Rolls Out New Version For Merge
Preparations are on the high side as the date for Ethereum Merge draws closer. The Ethereum ecosystem has been putting in an excellent effort for the final launch of its long-awaited upgrade. This upg...
Putting The Focus Back On Client Goals
“Blueprints, ruler set and divider. Mechanical engineering concept.Similar images:” getty Key Takeaways · Investors’ goals are unique and should always come first · Market regime changes h...
Ethereum 2.0 Client Teku Releases New Version for Merge
Ethereum 2.0 client Teku has released version v22.8.1, considered as another major step toward the Merge. As per the official announcement, it is a required update that keeps the Bellatrix upgrade on ...
Ethereum Merge Officially Starts, Client Releases Bellatrix And Mainnet Update
The Ethereum 2.0 client Teku releases required update v22.8.1 for all Mainnet users to prepare for the Merge. The update contains the Bellatrix upgrade and Merge transition configuration. All Ethereum...
Jump Crypto To Make Solana Validator Client Software To Enhance Performance
Solana network and Jump Crypto has recently collaborated to improve Solana network’s stability. Solana network especially this year has fallen prey to numerous network outages and congestion which has...
Jump Crypto announces plan to build new validator client for Solana
Jump Crypto announced today it is building a new open-source validator client for the Solana network. This new initiative’s main goal is to boost the scalability and reliability of the Solana ne...
Solana looks to beat network outages with new open source validator client
The Solana network has been plagued by outages and slowdowns this year, especially during periods of congestion due to high demand but the Solana Foundation is now looking to add stability and through...
Jump Crypto to build new validator client for Solana
Jump Crypto has announced that it will work with the Solana Foundation to build a new validator client for Solana (SOL/USD). The collaboration between Jump Crypto and the non-profit organisation helpi...
Celsius Network Client Data Breach Confirmed by Customer.io
The crypto lender said it has gotten the affirmative from Customer.io that none of its other data is involved in the breach so all users are to rest assured that no other surprise is on the way. Embat...