Stagflation – What Is It And How Does It Affect Crypto Markets?
Over several years, economic experts believed that stagflation was impossible because of the dominance of economic laws. The phrase firstly…
FTX US Finds Another $90M Missing
The epic of the bankrupt crypto exchange FTX is continuously unfolding with discoveries. The United States Department of Justice has…
Midas Capital Publishes Post Mortem On $660,000 Hack
Earlier this week, Midas Capital, a DeFi lender, suffered an attack and lost over $660,000. However, the team has published…
Silvergate’s Interaction With Crypto Firms Pays Off as Seen With the Surge In Its 2022 Report
Silvergate Capital, a bullish crypto supportive bank, recently released its financial report for the fourth quarter of 2022, revealing positive…
Bank Of Thailand To Legalize Virtual Banks In 2025
The Bank of Thailand announces its plans to legalize virtual banks by 2025 in an effort to boost the country's…
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Argo Blockchain Sells Cutting-Edge, Renewable Energy Mining Facility to Galaxy Digital
Argo Blockchain, a mining company listed on the NASDAQ, has recently made a bold move to shake up the industry…
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French Bank Société Générale Secures $7 Million in Stablecoin Loans from MakerDAO
Leading French investment firm Société Générale, announces it has successfully minted $7 million in stablecoin loan from MakerDAO, a decentralized…
Hodlnaut Creditors Dismiss Proposed Restructuring in Support for Liquidation
The Singaporean crypto lender Hodlnaut is mulling liquidation following creditors' stance to dismiss the proposed restructuring of assets. The new…
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SEC Charges Gemini and Genesis for Trading Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit on January 12 alleging Gemini Trust Company LLC and Genesis…
Nexo Facing Investigation by Bulgaria Authorities for Alleged Money Laundering and Tax Offenses
Bulgarian authorities announced subjecting crypto lender Nexo to large-scale investigations alleging computed-related fraud, money laundering and tax offenses. The Bulgarian…
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DeFi: Ondo Finance Sets Up Initiative Giving Stablecoin Holders Access To Invest In Bonds
Ondo Finance, a decentralized finance platform, has established a new initiative that introduces some products to its platform. These products…
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Court Allows Binance.US Acquisition Bid for Voyager Assets to Proceed
The court ruling delivered on Tuesday, January 10, a hearing concerning Binance.US' proposal to acquire Voyager's assets made the acquisition…
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Investment Bank Jefferies Downgrading Bitcoin Mining Firm Marathon Digital
The Investment bank Jefferies notified investors on January 8 decision to downgrade Marathon Digital, citing its inability to honor the…
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Bitcoin Will Suffer More Price Dip In 2023, CryptoQuant Analyst Predicts
After the FTX implosion, Bitcoin, the most widely used cryotocurrency in the world, is still struggling to scale above its…
Genesis Trading Lays Off 30% Staff as Financial Crisis Persist
Ailing crypto lender Genesis Trading confirmed reducing its headcount by 30% as part of its strategy to lower costs. The…
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Silvergate Capital Announces 40% Layoffs and Abandons Diem Project
The crypto-friendly bank witnessed a sharp decline in Silvergate stock price since the confidence crisis in the crypto industry following…