Circle – the company behind the second-largest stablecoin by market cap, USDC – reiterated its positive financial position amid a rumor calling the company on the brink of collapse. As the reports wen...
Tag: firms
Investments in U.S.-based biotech firms shrink 46% YoY
A notable increase in venture financing in the U.S. biotech private sector was seen in 2021, with company stocks only increasing. Thus it is conceivable to make the case that a bubble was growing in t...
Crypto Firms In The US Have Paid Over $3 Billion In Fines
Crypto firms have paid more than $3 billion in fines to US specialists since Satoshi Nakamoto sent off Bitcoin BlockFi was banged with the biggest fine after it paid $100 million from the get-go in th...
Crypto Firms In The US Have Paid Over $3 Billion In Fines With The SEC Being The Largest Collector ⋆ ZyCrypto
Advertisement     Crypto firms have paid over $3 billion in fines to US authorities since Satoshi Nakamoto launched Bitcoin. BlockFi was slammed with the largest fine ...
Top 10 VC firms have ownership in 38% of all unicorns
In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns. The overall number of companies that exceed $1 billion in valu...
More Crypto firms to fail in upcoming time says FTX CEO Sam Bankman Fried
Looking at the ongoing crypto market downturn and heavy liquidation problems, there are chances FTX CEO’s hunch comes out to be true. Amidst the ongoing market crash, where many crypto exc...
Hong Kong’s OSL and US-Based Abra Become the Latest Crypto Firms to Announce Layoffs
Abra, a California-based crypto trading and lending platform, and OSL, a licensed crypto exchange based in Hong Kong, are the latest in a string of crypto start-ups that have announced layoffs followi...
FTX Exchange CEO Reveals More Crypto Firms on Brink of Collapse
11 hours ago | 2 mins read Exchange News BlockFi received a $250 million line of credit from FTX. Massive leverage is the root of many problems afflicting the crypto community. The current bear market...
Asian crypto technology solutions firms ChainUp and HS88 team up to grow market » CryptoNinjas
ChainUp, an end-to-end blockchain technology solutions provider, today announced the signing of a Memorandum of Understanding (MoU) with Korean blockchain company HS88. Both parties will join forces i...
PayPal’s Dan Schulman on Macro Issues and His Firm’s Flurry of Innovations
For PayPal Holdings Inc., the financial services and payment system company, it’s been a heady period of portfolio growth. Additional checkout choices including buy now, pay later and pay monthly; the...
Crypto’s Second-Richest Billionaire Issues Dire Warning, Says More Digital Asset Firms Will Collapse: Report
The second-richest crypto billionaire is warning that some digital asset companies are facing financial difficulties as the market downturn continues. Forbes reports that FTX co-founder and CEO Sam Ba...
FTX CEO Sees These Crypto Firms Becoming Insolvent
FTX CEO Sam Bankman-Fried warned in a recent interview that several small crypto exchanges are already “secretly insolvent,” and that many more are set to fail. Speaking to Forbes, Bankman-Fried warne...
Tether co-founder: FTX’s bailout of crypto firms is for the ‘good’ of the industry
Reeve Collins, co-founder of Tether and current CEO of BlockV, an NFT-focused platform, says the problems affecting crypto companies today are the “inevitable missteps” that will eventually give way t...
Top Firms Announce Drastic Changes
Be[in]Crypto has collated all the leading stories in the crypto space during the last week ranging from BlockFi’s suspension of free withdrawals, Elon Musk’s decision to keep buying Dogecoin, rising n...
Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks t...
The US has doled out more than $3.3 billion in penalties for crypto firms
US regulators have collected $3.3 billion worth of monetary penalties from crypto-related businesses since 2009, government data show — and have collected $179.7 million so far in 2022. That’s accordi...
VC Eric Li says these firms will define China’s new economy — Quartz
China’s tech crack down has made clear that Beijing wants to shift its economy away from consumer internet firms. But if these big tech firms have fallen out of official favor, what kinds of high-tech...
FTX head Sam Bankman-Fried bailed out crypto firms
In a true Samaritan fashion, FTX Head Bankman – Fried has bailed out BlockFi and another Crypto firm by injecting nearly $900 million into the ecosystem. Investors are wondering whether it was a prude...
U.S. SEC Commissioner Not In Support Of Bailout To Crypto Firms – crypto.news
The United States Securities and Exchange Commission (SEC) commissioner, Hester Peirce, sees no reason why the SEC should bail out crypto companies. Peirce believes that it is best to let things pan ...
Bitcoin: The cost of maintaining this firm’s HODL strategy? 3K BTCs…
Canadian cryptocurrency mining business Bitfarms has sold more than $62 million in Bitcoin in June, using the proceeds to settle its debt. About 3,000 Bitcoins, or roughly 47% of Bitfarms’ total holdi...
Firms Halt Multi-Million Dollar Partnership Deals with Sports Brands – crypto.news
Cryptocurrency market participants are now finding it increasingly difficult to ink new multi-million dollar partnership deals with top sports brands in the United States as compared to 2021, due to t...
Crypto Market Crash Pauses Commercial Deals With Sports Firms
The current downtrend of the crypto market has negatively affected financial institutions, particularly those dealing with digital currencies. Currently, some firms are beginning to feel the heat from...
One of Biggest Bitcoin Mining Firms in Canada to Start Selling Its Holdings
Arman Shirinyan Mining companies are intensifying their Bitcoin holdings sales as first cryptocurrency shows too much volatility on market A global Bitcoin self-mining company, Bitfarms based in Canad...
U.K Real Estate Firms Hopping on Crypto Train – Here’s How
A marketing agency has been contracted to develop a crypto portal for a real estate company and is also working on a website to improve its offerings. However, this is no ordinary website, but one tha...
FTX and other Crypto firms halt sports deals following the crypto crash
The ongoing crypto market turmoil is causing ripple effects across different industries. The sports sector benefited immensely from the bull market, seeing several crypto-related sponsorship deals. Ho...
Are FTX and other crypto firms backing off from sports deals due to the market crash?
Cryptocurrency firms have figured out lately that sports event sponsorship is an effective marketing opportunity, but now they have reported ditching them. Last year, it was like some common tre...
Ad spending by big crypto firms plunged 90% after Bitcoin’s all-time high
Following the crypto market meltdown in 2022, most companies in the space are now cutting down their marketing spending after splashing millions on different advertisement deals. The overall spending...
Cloudflare Outage Takes Down These Crypto Firms
Cloudflare on Tuesday said it is facing services and network issues, causing errors or timeouts on many websites. Moreover, the issue has been identified by the Cloudflare team, and currently implemen...
Crypto winter freezes sports sponsorships for digital asset firms
The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts. Crypto exchange FTX has ...
Smaller Firms Scoop up Crypto Demand as Large Fund Providers Still Unconvinced
Smaller, more specialized firms have been meeting retail investors’ growing demands for cryptocurrency exposure, yet major funds remain wary. In spite of the recent upheavals in the cryptocurrency mar...
Rough Times for the Biggest Crypto Firms
Be[in]Crypto has scoured the ends of the crypto ecosystem to curate the most important stories for you from the Celsius freezing withdrawals, Jake Paul’s jibe at President Biden, BlockFi and Crypto.co...