Episode 112 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, F9 Research General Partner Jim Greco, and Crocodile Labs Founder Douglas Colkitt. Listen below, and...
Tag: The Block
Democrats hold Senate, House still too close to call
Democrats will keep control of the Senate after tight races in Arizona and Nevada were called for the party, but as vote counting continues in several races, control of the U.S. House of Representativ...
Paradigm marks down FTX investment to zero: Sources
Crypto investment firm Paradigm has told its limited partners that it marked down its investment in now bankrupt exchange group FTX to zero following its liquidity meltdown, according to two persons f...
The Block: Bitcoin mining stock report: Friday, November 11
Bitcoin stocks were mostly up on Friday, Nov. 11. The price of bitcoin was around $16,616 when markets closed. (BTCUSD chart by Trading View) Stocks with the biggest gains in...
Six days that rocked the crypto industry
The past week may well be the most tumultuous the crypto world has seen yet. In less than seven days, FTX went from industry darling to bankruptcy protection, with its crashing native token FTT spurri...
Alameda promised ‘high returns with no risk’ in 2018 pitch
Regulatory red flags tied to Sam Bankman-Fried’s crypto trading firm Alameda Research may date all the way back to 2018. The quantitative crypto trading firm — which served as the liquidit...
Matrixport reveals FTX exposure; 79 users incurred losses as result
Matrixport, a crypto financial services platform that bills itself as a neo-bank, revealed to clients that two of its products have exposure to FTX. Matrixport’s bitcoin fixed income prod...
Making the Cosmos Hub more relevant with Cosmos Co-founder Ethan Buchman
Episode 111 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Cosmos Co-Founder and CEO of Informal Systems Ethan Buchman. Listen below, and subscribe to The S...
Coinbase layoffs more than 60 recruiting, onboarding employees
Coinbase said it is laying off more than 60 employees amid a turbulent market startled by the possible demise of fellow cryptocurrency exchange FTX.The U.S.-based Coinbase said in a statement the plan...
Binance hires UK director, invokes need to comply with regulators
While flagging efforts to remain above board in the United Kingdom, Binance announced it hired a new director. In a LinkedIn post, Binance Regional Manager of Europe and the UK Ilir Laro said his comp...
FTX.US warns ‘trading may be halted’ in coming days
FTX.US said that it may halt trading in the coming days. “[T]rading may be halted on FTX US in a few days. Please close down any positions you want to close down. Withdrawals are and will ...
FTX lent Alameda billions of dollars in customer assets: WSJ
Crypto exchange FTX lent about $10 billion to sister company and trading firm Alameda Research, according to The Wall Street Journal. The report, citing a conversation with CEO Sam Bankman-Fried...
FTX appears to be processing withdrawals again, on-chain data show
Beleaguered crypto exchange FTX appears to have begun processing withdrawals again, following a more than 48-hour shutdown. Block explorer Etherscan shows that withdrawals began leaving the exch...
Gensler pressed on FTX failure, warns investors to ‘be careful, beware.’
Securities and Exchange Commission Chair Gary Gensler continued to raise red flags about the crypto industry, and responded to questions about whether his agency has failed to go after large actors in...
Instability hits FTX website during crypto market tumult
Embattled crypto exchange FTX is struggling to stay online. FTX’s international website is online at the time of publication. “We’re sorry, something went wrong while processin...
Bitcoin losses continue after Binance quits FTX deal
Crypto markets continued to fall Wednesday, with news that Binance won’t buy FTX, fueling additional declines as U.S. equities markets closed. The day’s losses have been fueled by gr...
Miner Marathon Digital Q3 results miss estimates across the board
Bitcoin miner Marathon Digital posted a net loss of $75 million in the third quarter, more than three times the average analyst estimate for a loss of $18.7 million. Shares were down just under ...
FTX implosion has U.S. regulators on watch
U.S. regulators are monitoring the implosion of crypto exchange giant FTX, which announced earlier today that it is selling FTX.com to rival exchange Binance. The Commodity Futures Trading Commi...
Crypto lender BlockFi says products are ‘fully functional’ in wake of Binance, FTX deal
Crypto lending firm BlockFi says all of its products are “fully functional” following Binance’s announcement that it plans to acquire crypto firm FTX. FTX, which had been navi...
FTX’s token falls sharply amid Binance controversy
FTT, the token created by crypto exchange FTX, dropped sharply the past hour. The token’s price fell 19%, from roughly $22 to below $18 shortly after 10:00 p.m. ET, according to data tracked by ...
Crypto market sentiment could hinge on Solana and FTX’s native tokens
The price of Solana and FTT might end up being the most important data points for the trajectory of the crypto market this week, according to B2C2. In a note published Monday, the market maker ...
FTX token shows signs of resilience after CZ tiff
The price of FTX’s native token FTT showed signs of resilience after a dramatic weekend for the exchange operator and its biggest rival, trading in the green earlier on Monday before declining s...
eGirl Capital and Larry Cermak on the dynamics shaping the crypto bear market
Episode 108 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Larry Cermak and eGirl Capital Co-Founder, Hedgehog. Listen below, and subscribe to The Scoop on ...
Traditional finance is diving deeper into crypto
Traditional financial firms are working their way further into crypto and deeper down the rabbit hole, according to Fireblocks Head of Web3 Omer Amsel. Fireblocks custodies funds on behalf of mo...
Former BitGo, Curv exec launches new crypto wallet security firm
Even in the crypto bear market, new companies are springing up to tackle old problems. Fordefi — which offers a wallet platform that allows institutions to engage across various chains — is eme...