Bitcoin mining firm Bitfarm promoted Geoffrey Morphy to the position of CEO after Emiliano Grodzki resigned from the post. Morphy, who previously served as chief operating officer, will also rem...
Tag: people
Grayscale’s GBTC’s beating this year very likely to persist
Grayscale’s flagship product, the Grayscale Bitcoin Trust (GBTC), grabbed headlines throughout the year — typically for the wrong reasons. Grayscale foresees a limited possibility of relief over...
Bitcoin, ether dip as crypto stocks trade higher
Crypto prices dipped after a week of relatively flat trading, while crypto-related stocks traded higher with Coinbase adding 2%. Bitcoin traded at around $16,700 at 9:30 a.m. ET, dropping about ...
Bitcoin plunged 65% in 2022 as Terra, FTX went up in flames
In case you missed it: Crypto prices plunged this year thanks to industry gaffes and the wider — and very damaging — macroeconomic environment. The global crypto market capitalization plunged to...
Sam Bankman-Fried criminal case assigned to new judge: Reuters
The criminal case against former FTX CEO Sam Bankman-Fried was reassigned to U.S. Judge Lewis Kaplan after U.S. District Judge Ronnie Abrams recused herself on Friday, Reuters reported, citing a court...
Biggest crypto c-suite departures of 2022
This was the year of exchange collapses, bankruptcies and the executives leaving their positions mid-scandal. Trouble started in May when the TerraUSD stablecoin de-pegged from the dollar befo...
Changpeng Zhao Names Seven Reasons Why People Are Spreading FUD About Binance
Binance CEO Changpeng Zhao (CZ) is addressing what he calls FUD (fear, uncertainty and doubt) surrounding the world’s largest crypto exchange. In a lengthy thread on Twitter, CZ lists seven “non-exhau...
New Users Feel Confident With Oryen, Tron (TRX) Puts People Off. ORY Presale Live
Oryen Network is the new kid on the block in the cryptocurrency world, offering staking and trading options for users to earn rewards from within their own wallets. The automated staking system makes ...
IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.
To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required e-commerce sites and payment platforms like eBay EBAY, +0.12%, Etsy ETSY, -0.32% and PayPal ...
Jim Cramer Says People Who Own Litecoin Are Idiots
Alex Dovbnya CNBC’s superstar host said that he wouldn’t touch cryptocurrencies in “a million years” Earlier today, CNBC host Jim Cramer spoke out against cryptocurrencies, cal...
Caroline Ellison tells court she knowingly misled lenders: Bloomberg
Caroline Ellison, the former CEO of Alameda Research, told a federal court in New York that she knowingly misled lenders about how much the firm had been borrowing from the collapsed FTX crypto exchan...
Why do people criticise CPI as a measure of inflation?
Are you sick of reading inflation articles yet? Perhaps. I’m nearly bored of writing them, anyway. The CPI, for the uninitiated, is the Consumer Price Index, which is the most commonly used metric in ...
Ellison and Wang guilty pleas unsealed as Bankman-Fried granted bail
U.S. prosecutors released more details on the criminal charges that former Alameda Research CEO Caroline Ellison and FTX co-founder and former CTO Gary Wang pled guilty to earlier this week. The...
Democrats split on Gensler’s crypto approach post-FTX
As Congress weighs the FTX collapse, Democrats appear split on how much more the Securities and Exchange Commission and its chair, Gary Gensler, could have done to stave off what the agency now calls ...
Bankman-Fried extradition to U.S. approved: WSJ
Sam Bankman-Fried is headed back to the U.S. to face criminal charges over the collapse of FTX after a judge approved his extradition from the Bahamas, the Wall Street Journal said. Bankmnan-Fri...
Bitcoin, crypto prices little changed as Coinbase, Block trade higher pre-market
Crypto prices were little changed over the past day while Coinbase and Block shares traded higher in pre-market hours. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.2% over the past...
All Crypto People Are ‘Dimwits’
Alex Dovbnya Prominent mathematician claims that cryptocurrency proponents have ‘miswired’ brains Nassim Taleb, a renowned mathematician, recently took to Twitter to express his negative v...
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Coinbase, Binance enjoy market share gains after FTX demise
The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included. Binance’s market...
If People Withdrew Everything from Binance US, We Would Still Have Millions in Assets, CEO Says
Binance US chief Brian Shroder assured his followers on Monday that his exchange is prepared to process every last withdraw customer withdrawal – unlike certain competitors. He also expanded on his c...
Bankman-Fried will agree to extradition to U.S.: reports
Former FTX CEO Sam Bankman-Fried on Monday decided to agree to be extradited to the U.S. to face fraud charges, Reuters reported, citing his lawyers. The report came several hours after one of B...
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 ...
Peter Brandt Calls Michael Saylor “A Fo*lish Man” For Asking People to Believe in Bitcoin
– Advertisement – Brandt slams Saylor for asking his followers to believe in Bitcoin. Veteran market analyst Peter Brandt has slammed MicroStrategy co-founder Michael Saylor for calling on...
Great Leadership Means Giving People Autonomy—With 3 Limits
Giving people autonomy has positive effects on performance, retention and wellbeing. getty Great leadership is characterized by all kinds of activities and attributes, but providing employees with aut...
The Block: US prosecutors probing Bankman-Fried’s political donations: NY Times
U.S. federal prosecutors are seeking more information about political donations made to Democrat and Republican lawmakers by former FTX CEO Sam Bankman-Fried and two executives he worked with, accordi...
The UN Is Sending War-Torn People In Ukraine Aid In Crypto
A growing number of human rights organizations from around the world are turning to crypto and blockchain technology as a remedy to challenges in underdeveloped or conflict-torn countries caused by a ...