Genesis Claims $5.1B in Liabilities in First Day Bankruptcy Filing
Three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. Source
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Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs
Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums. Source
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First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged. Source
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Blockchain’s Non-Crypto Applications Take Center Stage on Davos Day 2
Just across the street from the forum’s main congress center, in a historic church transformed into a neon hub for hosting discussions about the future, Carmen Hutt, treasurer for the United Nations High Commissioner for Refugees, detailed such an application – a recently launched blockchain payment solution for distributing humanitarian
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Cronos (CRO) Prints Over 9% Gains In A Day While Market Sees Correction
As crypto assets recover from the 2022 crypto winter, Cronos (CRO) has recorded massive gains in 24 hours. Cronos’ trading volume has spiked by 301.28%, showing that the coin has attracted more trading activity. Generally, the crypto market has seen a slight price increase. Bitcoin, the number one cryptocurrency, has enjoyed
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President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird
Basically, Silvergate is the bank for a lot of crypto businesses (1,300+, according to the company website, if you include “fintechs”), which tend to have problems maintaining banking relationships. As such, it’s probably not surprising to learn that Silvergate’s assets under management (AUM) has grown quickly the last few years.
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Huobi delists 33 tokens in one day citing trading risk, low volume
According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 tokens consisting of tickers ABT, ATP, APN, AST,DIE, DHT, DFA, EDEN, GEAR, HC, INDI, IOI, INV, IRIS, GCOIN, GOF, KMA, MTA, NAS, OPUL, PEARL, PRIMATE, QASH, SMT, SLC, SKU, SOC, STC, TALK, VALUE, WHALE, WILD
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SHIB Surges to 5-Week High, APE up for Fifth Straight Day – Market Updates Bitcoin News
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today’s session, as it rose to its strongest point since
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SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
After Sam Bankman-Fried was handed over to United States officials last month, his top lieutenants — Caroline Ellison and Gary Wang — had already been cooperating with the feds. The two pleaded guilty to a slew of charges and agreed to assist the Southern District of New York to investigate
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BTC Nears $17,000 Ahead of Christmas Day – Market Updates Bitcoin News
Bitcoin rose closer to the $17,000 level on Saturday, despite crypto markets mostly consolidating to start the week. The global cryptocurrency market cap is down 0.32% as of writing. Ethereum was also higher earlier in the day, with prices nearing the $1,230 level. Bitcoin Bitcoin (BTC) remained under the $17,000 level to
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