Shari Glazer, who sued Aptos Lab CEO Mo Shaikh and claimed she had been cheated out of of an equity stake in the new firm, now says the case is resolved. “I am happy to resolve this matter and am deli...
Tag: people
Grayscale’s GBTC discount to NAV hits all-time low of 47%
The price of Grayscale Bitcoin Trust (GBTC) versus the bitcoin it actually holds hit an all time low on Wednesday, with the discount ratio reaching 47.3%, according to data from The Block. The G...
Judge dismisses crypto lawsuit against Kim Kardashian, Floyd Mayweather Jr.: CNBC
A federal judge dismissed a proposed class-action lawsuit against EthereumMax founders and celebrity promoters, including Kim Kardashian and boxer Floyd Mayweather Jr., CNBC reported. Plaintiff ...
Robinhood gaining crypto market share after FTX collapse, CEO says
Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...
Bitcoin, crypto assets drop, Silvergate shares hit two-year low as stocks trend lower
Crypto and related assets slumped alongside traditional markets. Bitcoin slid 1% below the $17,000 mark to $16,845 at 10:15 a.m. EST, according to data via TradingView. Ether slipped 1.4% in th...
House committee weighing subpoena for Sam Bankman-Fried
Senior members of the House Financial Services Committee are weighing a subpoena to compel embattled former FTX CEO Sam Bankman-Fried to testify, though little time remains to enforce one during this ...
What Is It, Why Did People Protest And What Comes Next?
Topline China announced broad changes to its zero-Covid policy on Wednesday, a major policy shift and a significant step towards reopening as pressure on officials to reassess the increasingly unsusta...
Crypto market has experienced an ‘education by fire,’ says Loomdart
Episode 122 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Larry Cermak, and Loomdart, co-founder of eGirl Capital. Listen below, and subscribe to The S...
Death In Crypto: People Want To Know Why 3 Top Crypto Execs Died Just Weeks Apart
Three of the most prominent figures in the cryptocurrency industry have all inexplicably died in recent weeks. News of the unbelievable and surprising demise has caused a frenzy on social media in the...
Cawthorn violated ethics rules around ‘LGB Coin,’ House Ethics Committee says
The U.S. House of Representatives Ethics Committee has ordered Rep. Madison Cawthorn, R-N.C., to pay more than $15,000 in punitive donations and fines as a result of his violation of congressional and...
Coinbase slips 7%, Silvergate sinks over 4% as equities have another down day
Bitcoin and ether were little changed amid a plunge in equities. Bitcoin was trading just below $17,000, up about 0.2% by 4:00 p.m. EST, according to TradingView data. The leading cryptocurrency...
Billionaire Chamath Palihapitiya Calls FTX Implosion a Sophisticated Con Perpetrated on Millions of People
Billionaire venture capitalist Chamath Palihapitiya says collapsed crypto exchange FTX was an “enormous financial fraud” that impacted tens of millions of people. In a new interview on the All-In Podc...
Litecoin, dogecoin lead declines in crypto prices, Silvergate plummets pre-market
Altcoins led the drop in crypto markets as bitcoin and ether also slid. Silvergate sank over 11% in pre-market trading despite the CEO’s efforts to reassure the market. Bitcoin slipped 1....
From 70% drop to 1,300% jump, Novogratz, Draper and more chime in on future
Trying to figure out where bitcoin’s going to go in 2023? You’re probably better off asking a Magic 8 ball. Bitcoin is down some 65% over the past year and the outlook for 2023 is &#...
Holiday Air Travel Is Changing As More People Are Working Remotely
Traveling by air at holiday times has typically been associated with peaks and valleys.Over the past … [+] years, and proving more true in 2022, travelers are spreading out traditional holiday t...
Silvergate CEO seeks to reassure investors over crypto contagion
Silvergate Bank, which specializes in service to fintech and crypto clients including failed crypto exchange FTX and its sister hedge fund Alameda Research, published a letter from its CEO to reassure...
Bitcoin, ether both trading lower as crypto stocks lead Monday declines
Cryptocurrency prices traded down on Monday, with bitcoin slipping below $17,000. Crypto-related stocks fell across the board, with declines lead by Silvergate. Bitcoin was trading at $16,932 sh...
Maple token down more than 24%, cuts ties with Orthogonal Trading following $36 million default
Maple Finance’s token, Maple (MPL), plummeted on Monday following the revelation that Orthogonal Trading defaulted on $36 million of loans on the crypto lending protocol. Orthogonal Trading inte...
Cryptocurrencies rise as shares of Block and Silvergate decline with traditional markets
Crypto prices were in the green on Monday while stocks declined across the board. Grayscale’s ether trust hit a new low. Bitcoin has been trading above $17,000 since about noon EST on Sun...
Even The Most Gullible People Should Not Believe SBF
Samuel Bankman-Fried took Do Kwon’s spot by becoming the most talked-about and arguably hated person in the cryptocurrency industry in November when his empire collapsed, and the community found out a...
Ethereum’s Vitalik Buterin Urges People to Focus on Tech Instead of Price
Alex Dovbnya The Canadian programmer believes that the community should make a “positive” pivot toward the tech and the application ecosystem As the cryptocurrency bear market continues to rage on, Et...
Dave Ramsey just blasted US universities for promoting online gambling to students — and reaping millions in fees. Why young people are the perfect prey
‘You freakin’ idiots’: Dave Ramsey just blasted US universities for promoting online gambling to students — and reaping millions in fees. Why young people are the perfect prey Sports...
Bitcoin, ether, crypto stocks plummet following bumper U.S. jobs figures
Cryptocurrencies dropped in line with equities, while U.S. Treasury yields rose after U.S. jobs data for November beat expectations. Non-farm payrolls for the month came in above estimates at 2...
Galaxy Digital to acquire custodian GK8 from bankrupt Celsius
Galaxy Digital agreed to purchase high-security custodian GK8 from bankrupt crypto lender Celsius. Galaxy will support GK8’s self-custody solution in the ongoing development of GalaxyOne,...