Genesis’ Lending Arm Halted Withdrawals After Failing To Raise $1B
Genesis said the 3AC debt “negatively impacted” the liquidity of its lending arm. The firm said it will have to halt withdrawals from its lending arm on Wednesday.According to a…
‘Metaplex’ Solana NFT Protocol Maker Lays Off Employees
The firm got off to a great start having raised $46 million from investors.The business even released its native governance token, MPLX, in September.A wave of layoffs at Metaplex, a…
Crypto Exchange Gemini Back Online After Hit by Outage
Gemini guaranteed its customers that their money is secure. Gemini advised clients earlier today that there may be delays for withdrawals on its Earn product.Gemini, a cryptocurrency exchange, said on…
Uniswap Reportedly Down Due to Some Technical Glitch
It was also noted that the alternative version might be used until the first one is fixed. It was emphasized by users that the front end was the primary source…
Crypto Lender Vauld Eyeing Merger Post $10M Exposure to FTX
Vauld relied heavily on FTX to process transactions for its users.It said that if the transaction falls through, they would investigate alternative options.According to recent reports, Vauld, a major crypto…
Binance Reportedly To Resubmit Bid to Acquire Voyager Digital
The court granted preliminary clearance for the sale of Voyager Digital’s assets to FTX. Although the deal could not be completed due to the fall of FTX. Binance U.S is…
‘RIP Twitter’ Trends Following Twitter Staffs Resignation Due to Musk’s Hard-work Ultimatum given to staffs
Many Twitter employees have resigned from the firm, after Musk’s ‘hardcore’ ultimatum.Twitter’s internal chat groups are flooded with farewell messages and saluting emojis from the staff.Following Elon Musk’s implementation of…
Bahamas Authorities ordered Sam Bankman-Fried to Hack FTX
On November 11, FTX filed for bankruptcy and Bankman-Fried resigned as CEO. The co-founders and top executives of FTX, had borrowed $1.6 billion from Alameda.According to court documents filed on…
Investors File Lawsuit Against Shaquille O’Neal and other Celebrities Who Promoted FTX
The investors describe FTX and its linked businesses as a real ponzi scheme.The lawsuit was filed in Florida’s Southern District Court by two major law firms.To recoup their losses, a…
Binance CZ shine in Abu Dhabi Finance Week!
CZ participated in the Abu Dhabi Finance Week. CZ signed about 8 investment deals in the day.Secures Financial Services Permission from Abu Dhabi’s FSRA. The Abu Dhabi Finance Week has…