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    1. Business News
    2. About
    3. crypto

    Page 58 of crypto

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    In an order on Saturday, Kaplan gave prosecutors until Monday to address Bankman-Fried's concerns.
    FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him

    In an order on Saturday, Kaplan gave prosecutors until Monday to address Bankman-Fried’s concerns.

    January 29, 2023 12:08 IST
    Many in crypto have been looking to Cheyenne-based Custodia Bank's more than 2-year-old application as a bellwether for crypto banking.
    Wyoming crypto bank’s Federal Reserve application denied

    The rejection adds to doubts about crypto banking’s viability, particularly in Wyoming, a state that has sought to become a…

    January 29, 2023 11:04 IST
    Cohen also assured the judge that Bankman-Fried has turned off the disappearing messages option in his Signal account.
    FTX’s Sam Bankman-Fried, DOJ tussle over his communications

    Kaplan told federal prosecutors to respond to Cohen’s claims in his seven-page letter by Monday.

    January 29, 2023 10:38 IST
    Investors, wary of wading far into digital asset space after the collapse of major exchange FTX in November
    Silvergate suspends dividend payments on some preferred shares

    The company, however, said it had cash in excess of deposits.

    January 27, 2023 18:28 IST
    Jassy predicted that the NFT market would expand further and that Amazon might accept crypto payments
    Amazon to launch NFT initiative focusing on gaming

    In addition to the new NFT initiative, Amazon launched its loyalty-based coins programme in 2013.

    January 27, 2023 16:15 IST
    Even though USDT continues to be the most popular stablecoin, its market share fell noticeably from 11% to 4%.
    NFTs accounted for 28% of the ETH gas usage in Jan: Research

    Gas usage shares for significant stablecoins at the start of 2018 are shown in the graph below.

    January 27, 2023 12:54 IST
    NFT initiatives from ArtStation, Discord, Ubisoft, Sega, and CNN are a few examples of past controversy.
    Porsche to halt NFT minting amid backlash

    The business hinted that it will still cooperate with holders of minted tokens.

    Updated: January 25, 2023 14:49 IST
    Chainalysis, which is used by U.S. authorities to track illicit crypto flows, had warned in February of last year that Bitzlato was high risk.
    Binance moved $346 mln for seized crypto exchange Bitzlato, data show

    Bitcoin worth about $175 million was transferred to Binance from Bitzlato in that period, making Binance its largest receiving counterparty,…

    Updated: January 25, 2023 12:02 IST
    Grayscale Bitcoin Trust has $14.5 billion assets under management, according to Grayscale's website.
    Grayscale would appeal lawsuit against SEC if court rejects case, CEO says

    Oral arguments in the case are scheduled to occur March 7 and Grayscale expects a final ruling on the case…

    January 25, 2023 11:25 IST
    Liberal Justice Elena Kagan noted that no federal appeals court until 2014 had suggested a different standard should apply.
    U.S. Supreme Court spurns attorney-client privilege fight in crypto tax probe

    The law firm says it prepared the client’s tax returns and also provided legal advice on how to determine ownership…

    January 24, 2023 11:46 IST
    Crypto firms are off to a rocky start in 2023, with major players such as Coinbase Global Inc cutting jobs and Genesis Global Capital, the lending arm of Genesis, seeking bankruptcy protection.
    Gemini is laying off 10% of staff – The Information

    Genesis owes $765.9 million to Gemini, its largest creditor, according to its bankruptcy filing from last week.

    January 24, 2023 10:43 IST
    Reuters in June reported that North Korean hackers were most likely behind the attack on Harmony, citing three digital investigative firms.
    FBI says N. Korea-related hacker groups behind US crypto firm heist

    The FBI said North Korea’s theft and laundering of virtual currency is used to support its ballistic missile and Weapons…

    Updated: January 24, 2023 10:16 IST
    Due to the resilience of high inflation, equity markets may continue to tremble, but Bitcoin's divergence from the stock market may help BTC turn into an investment hedge.
    Is the worse over for Bitcoin as value of the coin starts to rise again

    BTC volume has more than doubled over the past week, reaching $10.8 billion, a 114% increase over the previous seven…

    Updated: January 24, 2023 09:40 IST
    Coinbase Global said it would slash nearly 950 jobs,
    Tech firms, Wall Street lead job cuts in corporate America

    The cryptocurrency firm has cut 30% of its workforce in a second round of layoffs in less than six months,…

    Updated: January 23, 2023 18:23 IST
    . As a result, Maple ended the fourth quarter with $58 million in total active liquidity as opposed to $326 million at the start of the quarter.
    Maple Finance records a loss of $7M at end of 2022

    However, the prolonged bear market and FTX collapse’s knock-on effects have diminished borrowers’ interest in its loan offerings.

    January 23, 2023 16:59 IST
    FTX also is authorised to permanently keep secret the addresses and email addresses of individual creditors and equity holders.
    Judge approves FTX choice of law firm as bankruptcy counsel

    Lawyers for FTX have argued that its customer list is both a valuable asset and confidential commercial information.

    January 22, 2023 11:21 IST
    All of these signal that blockchain technology could very well be a key driver of the next phase of transformation for the banking sector.
    Powering banking dynamics with blockchain technology

    One of these investments includes blockchain technology, which has become extremely popular in the banking sector.

    January 22, 2023 10:31 IST
    Earlier this week, FTX said in a report to creditors that hackers stole about $415 million in crypto from its international and U.S. exchanges
    New FTX chief says bankrupt crypto exchange could restart – WSJ

    The future of customer funds, however, remains unclear. Earlier this week, FTX said in a report to creditors

    Updated: January 20, 2023 10:40 IST
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