NFT protocol Metaplex laid off staff due to to the "indirect impact" of the collapse of crypto exchange FTX.
While the company said its treasury was not directly impacted and that its fundamentals remain strong, it will take a more conservative approach moving forward, CEO and co-founder Stephen Hes...
Genesis Block HK, a crypto over-the-counter (OTC) trading firm based in Hong Kong, has funds stuck in the now-bankrupt crypto exchange FTX, two people with knowledge of the matter told The Block.
The exposure is worth more than $50 million, one of the sources said. The impact is significant enough t...
Crypto payments company Ripple is seeking a virtual asset service provider license from the Irish regulator as it expands its operations in Europe, according to CNBC.
When new laws on crypto regulation in the European Union come into force, expected in 2024, Ripple would then be able to “passport” ...
Willemstad, Curaçao, 18th November, 2022, ChainwireTo mark the FIFA World Cup 2022, online gaming platform BC.GAME is offering multi-million dollar prizes via its Coco's Carnival portal. Crypto Casino BC.GAME is a major World Cup advocate thanks to its sponsorship of the Argentine Footb...
Cardano developer Emurgo announced plans to issue a U.S. dollar-pegged stablecoin called USDA on the network in early 2023.
Emurgo, which functions as Cardano’s official commercial arm, said USDA will be the first regulated stablecoin on the blockchain that is backed by a fiat currency. The Cardano ...
Silvergate CEO Alan Lane said that bitcoin stands out from other digital currencies even amid the ongoing turmoil in crypto markets.
He pointed, as evidence, to the breakdown of volumes of the Silvergate Exchange Network (SEN).
“I do think that bitcoin is separate from everything and that’s evident...
The World Cup fever starts to hype up in Qatar. As one of the sporting industry's most anticipated major football leagues, fans are excited about the intense competition among the participating teams. This year, the World Cup will have 64 intense matches in different cities in Qatar, the first c...
Genesis sought an emergency loan of $1 billion from investors before telling clients it was suspending redemptions in the wake of the collapse of FTX, The Wall Street Journal reported.
Genesis sought access to the credit facility by 10 a.m. Monday, citing a liquidity crunch, according to the Journal...
Bankruptcy lawyers for crypto exchange FTX filed 41 pages of legal documents full of fresh details about how ex-CEO Sam Bankman-Fried ran — or didn’t run — the company and the myriad of flaws in the firm’s balance sheets.
Lawyers filed two sets of documents, one in which new CEO John J. Ray III laid...
FTX has named Kroll Restructuring Administration as its agent as it navigates the federal bankruptcy process and cited dozens of companies and people affected by its collapse, a petition filed by the exchange shows.
Kroll is to act as a claims and noticing agent, often assigned to cases where cred...
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