Brooks Entwistle, Senior Vice President of Global Customer Success, and Managing Director for Asia-Pacific (APAC) and Middle East and North Africa (MENA) at Ripple, has stated that the blockchain comp...
Tag: Firm
ConsenSys CEO confirms layoffs, firm to focus on scaling core offerings
ConsenSys Advisory, Development, Education, Technology, Venture Capital Company in North America ConsenSys is a venture production studio and custom software development consultancy building decentral...
Accused Bitfinex Thief Lands Marketing Gig at Tech Firm
Accused Bitfinex thief Heather Morgan will soon start work as a tech company’s marketing and business development manager at their New York office, despite facing $4.5 billion in money laundering char...
Crypto Firm Vauld Gets Creditor Protection From Singapore Court
The crypto space witnessed the bankruptcy of some firms due to the prevailing bearish trend in 2022. Without much warning, the crypto winter swept off lots of funds as the value of most crypto assets ...
Court Docs Reveal FTX Allowed Alameda to Borrow $65,000,000,000 for Trading, Made Firm Exempt From Liquidation
Newly released court documents reveal a “$65 billion back door” that FTX had set up for Alameda, the now-defunct crypto exchange’s trading arm. A case docket with a deck detailing FTX’s assets and lia...
SEC violates privacy law while investigating dubious crypto firm Green
Crypto miners involved in dubious crypto startup Green say they’re easier targets for hackers, after their personal data was unintentionally leaked by the Securities and Exchange Commission (SEC). The...
FTX defends move to appoint law firm Sullivan & Cromwell as advisor
Bankrupt crypto exchange FTX filed a Jan. 17 response — authored by Sullivan & Cromwell (S&C) lawyers — to the objections surrounding its retention of the law firm as an advisor. FTX said the ...
Credit Suisse CEO says ‘money is coming back into the firm’
Credit Suisse Group AG (NYSE: CS) is executing well on the strategic overhaul that it announced in the final quarter of 2022, says Ulrich Koerner – Chief Executive of the Wall Street bank. Highlights ...
Ripple CEO optimistic crypto firm will get SEC XRP lawsuit ruling soon
The head of cryptocurrency and blockchain company Ripple, Brad Garlinghouse says he is hopeful a resolution will be reached in its spat with the U.S. Securities and Exchange Commission within the firs...
Andreessen Horowitz gaming partner James Gwertzman exiting VC firm
After a little more than a year as a general partner at Andreessen Horowitz, one of the most prolific investors in web3 technologies, James Gwertzman announced he is stepping down at the end of the mo...
Top crypto firm suspends investor dividends citing liquidity distress – Cryptopolitan
Multiple crypto firms are still contending with tight liquidity despite the market recovery to the $1 trillion mark. The 2022 crypto winter and industry shortcomings forced many firms to limit expense...
Analytics Firm Issues Alert, Says Bitcoin and Ethereum Witnessing Highest Profit-Taking Level in Over a Year
New data from crypto analytics firm Santiment suggests that traders may believe the top two leading digital assets by market cap are about to find their local tops. According to Santiment, crypto trad...
Distressed Crypto Firm Vauld Receives More Time to Present a Restructuring Plan (Report)
The Singaporean authorities have reportedly granted Vauld an extended period of creditor protection. The cryptocurrency lender has until February 28 to introduce a revival plan. Vauld is one of the w...
US tax law firm wants to help crypto users
The law office of David W. Klasing has urged crypto market participants who haven’t been filing taxes to come forward and seek assistance before the IRS and the Department of Justice clamp down. David...
Insurance Stock Tanks After Firm Warns Catastrophic Winter Storm Last Year Dealt $459 Million In Losses
Topline Shares of Travelers, one of the nation’s largest insurance companies, wiped out more than a month of gains Tuesday after the company warned fourth-quarter profits took a worse-than-expec...
Tokyo Brokerage Firm Monex Group To Buy Crypto Exchange FTX Japan
The implosion of the crypto exchange FTX sent shockwaves across the crypto space. Before its fall, FTX was one of the top exchanges in the world. It had millions of users with several products and ser...
Ex-FTX US President to Launch Crypto Firm & Skybridge’s Anthony to invest
After stepping down as FTX, US President Brett Harrison announced a new venture in September 2022. Brett also berated SBF and worked at FTX in a Tweet thread recently. FTX bought a 30% stake in Skybr...
Scaramucci To Invest In A Firm Founded By Ex-FTX US…
Anthony Scaramucci, the founder of SkyBridge Capital, has announced that he will be investing in a new crypto firm founded by the former president of FTX US. The new crypto software company will allo...
SkyBridge Capital founder to invest in crypto firm founded by former FTX US president
Anthony Scaramucci, the founder of SkyBridge Capital, told Bloomberg that he is going to invest in a crypto company founded by the former president of FTX US. This new venture was announced only three...
Scaramucci to invest in crypto firm founded by former FTX US boss
SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. According to an email to Bloomberg, Scaramucci said he would be investing his o...
FTX Collapse: Bankman-Fried Takes On a Powerful Law Firm
Sam Bankman-Fried faces a series of criminal and civil charges, including alleged fraud. The trial of the disgraced founder of cryptocurrency exchange FTX and its sister company Alameda Research, a he...
Bitcoin Dominance at 2-Month High as BTC Stands Firm Above $20K: Weekend Watch
Bitcoin’s dominance has recovered more than 2% in the past week or so and tapped a multi-month high as the asset maintains above $20,000. This comes even though the altcoins experienced notable gains ...
Scaramucci Invests in Crypto Firm Set Up by Ex-FTX US Head
(Bloomberg) — Anthony Scaramucci said he is investing in a company set up by Brett Harrison, the former president of defunct cryptocurrency exchange FTX US. Most Read from Bloomberg Scaramucci w...
FTX investigation proposed Law Firm rejected
The US Department of Justice has rejected FTX’s hiring of Sullivan & Cromwell, the law firm now in charge of the exchange’s inquiry because of potential conflicts of interest. The US T...
Crypto Mining Firm Greenidge Generation Hints at Potential Bankruptcy
Another crypto mining firm is in trouble. This time, the alleged victim is Greenidge Generation (GREE), which has hinted that it could file bankruptcy in the coming weeks if its present deal with NYDI...
Are high car prices the new normal? If you’re waiting to buy a car, stand firm, experts say—it may pay off.
The roller coaster economic ride that began with the emergence of COVID-19 in early 2020 has reshaped how car buying works. Will it ever get back to what we might call “normal?” Brian Finkelmeyer, sen...
Core Scientific Is Next Crypto Firm to Go Bankrupt
Core Scientific – one of the largest digital currency mining firms in the world – has announced it’s filing for chapter 11 bankruptcy protection. The proceedings took place in a federal bankruptcy cou...
Investment firm Société Générale mints $7 million in stablecoin loan from MakerDAO
Société Générale, a French multinational investment bank and financial services company, minted $7 million as a loan of dai stablecoin from its issuer MakerDAO. Société Générale was approved to ...
FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario
Former CEO Sam Bankman-Fried tweeted that FTX has the best recovery scenario for customers. Bankman-Fried added that the firm was a few weeks away from getting there in November. FTX has reportedly re...
Bed Bath & Beyond reportedly selling assets to private equity firm, retailer says no comment
Bed Bath & Beyond is selling off assets to private equity firm Sycamore Partners ahead of a possible bankruptcy filing, the New York Times reported on Friday. Alongside other key assets, the retai...