Genesis is temporarily suspending withdrawals and new loan originations, after it took large hits from Three Arrows Capital and FTX.
Genesis will continue to offer over-the-counter trading for spot and derivatives trading, plus its custody services. The comments were made by Genesis Interim CEO Dera...
Crypto exchange Gemini said its Earn program "will not be able to meet customer redemptions within the service-level agreement of five business days" following the announcement that lending partner Genesis Global Capital has paused withdrawals.
"The past week has been an incredibly challenging and s...
Luna Foundation Guard (LFG), a non-profit created in January to grow the Terra ecosystem, has published an audit stating that it spent $2.8 billion in bitcoin and stablecoins to defend the TerraUSD (UST) stablecoin peg during the May collapse.
LFG was set up to defend the UST peg as one of its manda...
A crypto wallet connected to the suspected drain of FTX accounts swapped a total of 34,000 BNB for 4,500 ether (ETH) and three million Binance USD (BUSD) this morning. It is now the 34th largest holder of ether.
Yesterday, the same wallet swapped large amounts of the decentralized stablecoin dai for...
Former President Donald Trump is running to reclaim his old job, the Republican announced after months of openly flirting with another run.
"In order to make America great and glorious again, I am tonight announcing my candidacy for president of the United States,” Trump said during an event at Mar...
Coinbase CEO Brian Armstrong sold more than 30,000 Class A Coinbase shares for $1.6 million on Nov. 11, according to a filing with the U.S. Securities and Exchange Commission reported by Coinbase.
He also converted Class B shares into Class A shares.
Coinbase shares were trading over $340 when the...
Bitcoin appeals to any aggressive investor for being the most valuable and prominent cryptocurrency by market shares. The group that invented Bitcoin mimicked the availability of physical gold by setting the maximum number of coins that users can ever mine, including a possible worldwide adoptio...
Since its launch, Bitcoin has quickly and firmly gained a reputation as the most robust cryptocurrency in the world. Hardly can the digital news circulars fail to mention Bitcoin. Bitcoin has become a force in the global economy, which is hard to ignore. If you're interested in investing in Bitc...
The cryptocurrency industry is growing faster than anyone could have anticipated. With the past, current, and upcoming developments, there is no doubt that cryptocurrency will dominate the traditional currency. One of the developments in the crypto sector is yield farming. Like conventional loan...
An outspoken proponent of digital assets just won a high-ranking post in Congress.
Rep. Tom Emmer, R-Minn., won the race for House GOP whip, according to multiple reports. The Minnesota congressman will be responsible for keeping Republicans in line on key votes when the new Congress begins in Janu...
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