Crypto bank Silvergate shares tanked 12% as the ripple effects of FTX’s collapse continue. Last week, the La Jolla-based crypto bank said its exposure to FTX was limited to deposits, but ...
Tag: Organizations
Stablecoins are … stable again
The stablecoin market has stabilized since the collapse of TerraUSD as confidence is returning to larger coins, Fitch Ratings said. Tether and Circle, the issuers of USDT and USDC stablecoins, ...
Uniswap token gains as trading volumes jump; bitcoin, ether slip
Mainstream cryptocurrencies traded marginally lower on Tuesday morning on the U.S. East Coast, while some altcoins bucked the trend. Bitcoin was down 1.7% at $16,883 over the past day, while et...
Ark Invest picks up $2.8 million worth of Grayscale Bitcoin Trust shares
Cathie Wood’s Ark Invest bought shares in Grayscale’s Bitcoin Trust (GBTC) on Monday, days after the trust’s discount reached a new low. Ark purchased 315,259 shares of GBTC o...
The Block: Bitcoin mining stock report: Monday, November 14
Bitcoin stocks broadly traded down on Monday, Nov. 14. Bit Digital clocked the biggest gains on Monday, adding 3.64%. Elsewhere, TerraWulf and Mawson Infrastructure Group also added modest gain...
An Initial Look at The Fallout from FTX’s Collapse
November 14, 2022, 4:37PM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
FTX collapse to trigger structural change in crypto markets, away from centralization
The collapse of FTX last week will trigger significant market structure changes, namely moving away from a model of all-in-one platform centralization, crypto trading firm Cumberland said. The v...
Bitcoin, ether move higher as Goldman Sachs see negative outlook for Coinbase
Crypto prices increased even as Wall Street banks predicted more gloom for the industry amid the FTX debacle. Bitcoin was trading at $17,060, up 3% over the past day, while ether added 4% to tr...
Analysis of FTX’s Balance Sheet
November 12, 2022, 7:30PM EST • 2 min read Quick Take Financial Times publishes leaked FTX balance sheet dated to Thursday, November 10, 2022 ~$900mm liquid assets to ~$8,860mm liabilities, a ~9.85x ...
Analysis of Alameda and FTX Chapter 11 Bankruptcy Filing
November 11, 2022, 11:39AM EST • 5 min read Quick Take November 11, 2022 Alameda files for Chapter 11 Bankruptcy Protection Alameda estimates there will be funds left over to distribute to the more th...
Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
Cathie Wood buys Coinbase dip, crypto stocks rise
Crypto-related stocks rose, far outpacing the broader crypto market and slightly outpacing the S&P 500, following positive inflation data in the U.S and news that Ark Invest bought the Coinbase di...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Grayscale Bitcoin Trust trading at discount of more than 40% amid market tumult
The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low on Wednesday. GBTC is currently trading at a discount of -40.7%, its lowes...
Bitmex to proceed with token launch, says no exposure to FTX
Crypto exchange Bitmex, which says it has no FTX or Alameda exposure, plans to launch a native crypto token for traders on Friday, regardless of market volatility amid the collapse of Sam Bankman-Frie...
The Block: Bitcoin mining stock report: Tuesday November 8
Most bitcoin mining stocks tracked by The Block declined on Tuesday after news that crypto exchange Binance will acquire FTX rocked the markets. According to data from TradingView, Bitcoin was t...
Crypto markets initially buoyed by Binance’s deal to buy FTX
Crypto prices popped following the announcement of Binance’s blockbuster deal to acquire rival FTX.com. FTX’s FTT token jumped 38% to almost $20 at 11:12 a.m. The price of the nativ...
Endava Releases State of the Industry Payments Report; Data Shows Organizations Rethinking Conventional Business Processes and Practices
Report reveals the top focuses for companies in the next year are strengthening security, digitizing payments, and improving usage of analytics LONDON–(BUSINESS WIRE)–Endava (NYSE: DAVA), a global pro...
Trump Organization’s Criminal Trial For Tax Fraud Starts—Here Are The Consequences It Could Face
Topline Jury selection begins Monday in the Trump Organization’s criminal trial for alleged tax fraud—which will only result in the company having to pay monetary damages if it’s found guilty, though ...
UAE Is Home to Nearly 1,500 Active Web3 Organizations
Notably, UAE’s government focuses on Web3, metaverse, NFTs, and blockchain technology at large. A new report has revealed that the United Arab Emirates (UAE) is one of the fastest-growing destinations...
UAE Web3 ecosystem houses almost 1.5K active organizations: Report
A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology. United Arab Emirates (UAE) has...
Ripple CEO Denies Funding Law Firm to Target Organizations
15 seconds ago | 2 mins read Altcoin News SEC has filed an action against Ripple, arguing that the XRP coin is a “security.” It was reported that Kyle had approached the CEO about becoming an angel in...
BC.GAME Partners With Cloud9–One of the Most Recognizable Esports Organizations in the World – crypto.news
BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all...
BC.GAME partners with Cloud9 – One of the most recognizable Esports organizations in the world
BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all...
BCGAME Partners With Cloud9 – One of the Most Recognizable Esports Organizations
[PRESS RELEASE – Please Read Disclaimer] BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful p...
BC.GAME Partners With Cloud9–One Of The Most Recognizable Esports Organizations In The World
BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all...
BC.GAME Partners With Cloud9 – One Of The Most Recognizable Esports Organizations In The World
Last Updated on Aug 25, 2022 at 11:43 BC.GAME is thrilled to announce its partnership with Cloud9 – one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful pa...
Organizations look toward multiparty computation to advance Web3
Protecting user data and private keys is crucial as Web3 advances. Yet, the number of hacks that have occurred within the Web3 space in 2022 alone has been monumental, proving that additional security...