A few weeks after leaving Mythical Games, the Trio launched their new publishing platform for Blockchain games called the Fenix Games. They also claimed to have raised capital from Cypher and Phoenix ...
Tag: Firm
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments....
Blockware Customer Accuses Bitcoin Mining Firm of Fraud
The case, filed in U.S. federal court in the Northern District of Illinois on Dec. 17, centers around an allegation that Blockware sold Faes & Co. 50 mining rigs for $525,000. But, Faes said in th...
Is Crypto Firm Block Fi Next in Line to File Bankruptcy?
2022 has been an atrocious year for cryptocurrency. Many digital asset companies have been forced into dark places and filed for bankruptcy, and it looks like leading blockchain firm Block Fi might be...
Investor Mike Alfred claims Binance has no CFO, in talks with W. Buffett’s firm for funding
Value investor and Bitcoin (BTC) enthusiast Mike Alfred has recently made a number of (so far unconfirmed) claims about the crypto trading platform Binance, including that it has a ‘decentralized’ chi...
Traders Should Keep an Eye on One Little-Known Ethereum-Based Altcoin, Says Crypto Analytics Firm Santiment – Here’s Why
Blockchain insights platform Santiment is pointing out anomalies recorded on one under-the-radar crypto asset after it recently rallied to a local top. Santiment says that the Ethereum (ETH) scaling s...
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years. Ng Kit-C...
Crypto firm Bullish calls off $9bn SPAC deal
Crypto exchange Bullish, which aimed to go public on NYSE, has declined the $9bn merger citing the market conditions and the SEC’s new rules on crypto. The crypto winter has affected business relation...
Third parties could return FTX funds directly to customers: Law firm
More than one million creditors of failed crypto exchange FTX have been waiting to be made whole since before the firm’s bankruptcy filing on Nov. 11, but according to one expert, recipients of donati...
FTX Creditors Hire Law Firm Paul Hastings as Representation
“They can be contacted,” said Sarkessian, a U.S Department of Justice (DoJ) official charged with overseeing bankruptcy cases, of the lawyers that were yet to be appointed. “They do ...
Hidden Road’s UK entity receives digital asset firm registration
Global credit network Hidden Road’s UK entity has been granted registration as a digital asset firm by the Financial Conduct Authority (FCA). The institutional-focused Hidden Road is curre...
XRP Whales Are Rapidly Accumulating As 2022 Comes to a Close, Says Crypto Analytics Firm Santiment
Crypto whales are gobbling up XRP as the digital asset market continues to suffer through an ongoing bear market. Whale and “shark” addresses holding between one and 10 million XRP now hold 7.23% of t...
Nigma Galaxy Signs Lucrative Sponsorship Deal With Abu Dhabi Real Estate Firm Aldar
Nigma Galaxy has a new sponsor. Credit: Nigma Galaxy Esports team Nigma Galaxy has announced a new multi-year sponsorship deal with Aldar, a real estate development company based in Abu Dhabi. The dea...
California watchdog issues cease order on crypto firm
Due to potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency lending platform MyConstant to stop marketing ...
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt – Mining Bitcoin News
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, ...
Bitcoin Mining Firm Core Scientific Filing Chapter 11 Bankruptcy
Bitcoin News B. Riley wanted to forestall a Chapter 11 bankruptcy filing. The US-based mining corporation sold off 1576 BTC during the month of September. Numerous companies operating in various subse...
Crypto firm Auros discloses provisional liquidation, thanks to FTX
Auros suffered from a $20 million exposure in the FTX debacle. The company found itself in a situation where immediate liquidity was insufficient to meet lender recalls. The troubled global crypto tra...
Decentraland, The Sandbox and Two Ethereum-Based Altcoins in ‘Opportunity Zone’, According to Crypto Analytics Firm
Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA)...
Tim Draper-backed Blockchain-Based Real Estate Firm Unveils First Investment Property Offering
– Advertisement – The Tim Draper-backed investment entity will allow investors to get exposure to the investment property for as low as $1. mogul, an American blockchain-based real estat...
Crypto Mining Firm Canaan Has Seen Its Profits Collapse
Canaan – a large manufacturer and distributor of bitcoin and crypto mining equipment – has seen its profits and revenue plunge over the course of the last several months. Thus far, net income for the ...
Staggering $3,200,000,000 in Stablecoins Exit Crypto Exchange Binance in 30 Days: Analytics Firm Glassnode
Leading analytics firm Glassnode says billions of dollars worth of stablecoins are being withdrawn from top crypto exchange Binance. Glassnode says that Binance has witnessed $3.2 billion in combined ...
Bankrupt Crypto Firm Voyager Announces Agreement With Binance US To Acquire Its Assets
As Binance makes itself at the top of the headline in the crypto market by raising concerns regarding its proof-of-reserves audit, the crypto giant now attracts fresh attention after signing a deal wi...
PayPal Partners With Crypto Firm ConsenSys To Create Convenient Way To Buy Ethereum (ETH)
Crypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH). According to a recent company announcement, MetaMa...
Boris Johnson’s brother resigns as advisor of Binance subsidiary firm
Joseph Edmund Johnson, brother of former UK Prime Minister Boris Johnson, resigned from his advisory role to a subsidiary company of the crypto exchange Binance, the Telegraph reported. Joseph ...
Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm
Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries. CoinShares officially announced on Dec. 19, the first ...
Benchmark Treasury yields firm but near recent lows on slowdown fears.
Longer-term bond yields rose on Monday, but remain near 3-month lows as investors continue to fret about a global economic slowdown. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.18...
Quant Analytics Firm Warns of Potential Mass Sell-Off Event for Ethereum (ETH) – Here’s When
Quantitative analytics company CryptoQuant says that Ethereum (ETH) is potentially on the edge of another large sell-off event due to a number of on-chain factors. The firm says that the Shanghai Hard...
$5,000,000,000 in Crypto Exits Binance in 48 Hours As Solvency Concerns Grow: Analytics Firm
Binance, the world’s largest crypto exchange by volume, is being tested by a wave of large outflows as traders seek to withdraw their coins. According to crypto insights firm Delphi Digital, Binance s...
Is the Crypto Bottom In? Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal
The leading crypto analytics firm Santiment says one metric they track is signaling a bullish turn in the market based on historical performance. According to Santiment, fear, uncertainty and doubt (F...
Warner Music Group Invests in Digital Clothing Firm ‘DressX’
Warner Music artists will be able to work with DressX directly creating virtual clothing. The music and entertainment giant collaborated with The Sandbox in January. Warner Music Group, an American me...