Genesis Global Files For Chapter 11 Bankruptcy in New York
The report comes just two days after the rumor was first made public. Genesis has $175 million of its own stranded on FTX.Genesis Global, a cryptocurrency lender, officially filed for…
FTX US Discovers Another $90 Million Missing.
While mapping out assets to be repossessed by its creditors, FTX US identified about $180 million, over half of which were already gone.As the bankruptcy and restructuring saga of FTX…
US DOJ arrested Bitzlato Co – Founder for a $700M Crypto Crime allowed in their platform.
$700 million worth of cryptos moved via Bitzlato were linked to illicit trades.Bitzlato is a not-so-famous exchange with just 1.5k Twitter followers.Hong Kong-origin crypto exchange Bitzlato is shut down by…
Genesis Crypto Lender about to File for Bankruptcy.
Crypto Lender Genesis is planning to file for bankruptcyThe DCG officially confirmed that it had quit paying dividend payments. According to reports, Genesis , a cryptocurrency lender, plans to file…
Floki collaborate With Binance Pay.
Binance Pay will be the main crypto payment service provider for Floki’s merch store.Floki will structure a special Shop Floki campaign for Binance Pay users.Shop Floki is to go live…
Shiba Inu Price moved up Over 16%.
Shibu Inu’s price has exploded by over 16% in the past 24 hoursA Layer 2 network Shibarium will be launched soon.The memecoin Shibu Inu price has exploded by over 16%…
Ethereum Validators Reach 500k Milestone.
Staking 32 ETH is required to become a validator. With the upcoming upgrade validators may cash out their staked ETH. According to BeaconScan statistics, the number of Ethereum (ETH) validators…
Microsoft wants to sack 11k staffs.
The software company is looking to lay off about 5% of its current staff. The precise number “cannot be verified” at this time. Reportedly in the next few days, Microsoft…
Saudi Arabia say it’s Open to Trade with Other Currencies.
Saudi Arabia has no issues with discussing how they settle trade arrangements.Al-Jadaan stated that the country plans to invest $10 billion in Pakistan. The kingdom of Saudi Arabia, whose currency…
UK Central Bank Governor Queries the Need for Digital Pound
As per Andrew Bailey, the UK has a wholesale central bank money settlement system.The euro-zone finance ministers recently conveyed their support for the continuing development of a digital euro.Andrew John…