Genesis Holds Liabilities Totaling Over $5 Billion
According to documents signed by interim CEO Derar Islim, the crypto lending firm Genesis had $5.1 billion in outstanding debts in the weeks after it...
Category : Crypto
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South Korea to Launch Crypto Monitoring Tools
South Korea’s Financial Supervisory Service (FSS) is committed to safeguarding the crypto-space, Governor Lee Bok-Hyun revealed at a conference Monday. He announced plans to create...
FTX US Crypto Exchange is Solvent: Sam Bankman-Fried
Sam Bankman Fried, a suspected fraud crypto entrepreneur facing trial charges in the United States has reiterated his charges saying that the FTX US is...
The Prices of Cryptocurrencies, including Bitcoin, Dogecoin and Ethereum, have Fallen Today
Despite the fact that the world’s largest and most popular digital asset was trading down roughly 1% at $21,102, the Bitcoin price was still trading...
Samsung’s Asset Management Unit Introduced Bitcoin Futures ETF In Hong Kong
A bitcoin futures exchange-traded fund(ETF) has been debuted by Samsung’s asset management unit to aid Hong Kong to become a hub for a cryptocurrency. Since...
Ethereum’s “Shanghai Hard Fork” Has Already Attracted the Bets of Crypto Traders
The “Merge” of the Ethereum blockchain from last year became the focus of irrational speculation in the cryptocurrency markets. Before Ethereum reaches its next significant...
Coinbase Terminates 950 Employees
The CEO of Coinbase, Brian Armstrong, announced in a public blog post that he has made the difficult choice to reduce their operating costs by...
Nepal Regulators warns ISPs to Block Cryptocurrency Websites or Risk Legal Action
The Nepalese government is gearing up taking action to block crypto-related activities. The Nepalese Telecommunications Authority(NTA) warned all internet service providers (ISPs) on January 8...
How does Proof of Reserve bring Increased Transparency
Proof of Reserve is a vetted technique that employs Merkle-Tree-based data structures to ensure real assets back cryptos. This helps address transparency concerns on centralized...
Breaking out of a three-week trading range, Bitcoin exceeds $17,000
The largest cryptocurrency briefly surpassed $17,000 following data that suggested U.S. services businesses were slowing down. Traders in both traditional and digital asset markets interpreted...