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Silvergate Capital Announces 40% Layoffs and Abandons Diem Project

Stephen Causby Jan 6, 2023 0 Comments

The crypto-friendly bank witnessed a sharp decline in Silvergate stock price since the confidence crisis in the crypto industry following…

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Robinhood Shares in Contested Ownership Seized by Regulators from FTX

Stephen Causby Jan 5, 2023 0 Comments

The US Justice Department (DoJ) confirmed taking custody of the $450 million Robinhood shares in disputed ownership between BlockFi and…

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DeFi (Decentralized Finance) Staking – A Complete Guide For Beginners

Mubashar Nawaz (United Arab Emirates) Jan 3, 2023 0 Comments

In recent years, many opportunities for investment were introduced by staking, which bypassed regular financial instruments. This new approach to…

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3AC Founder Accuses FTX And DCG Of Conspiring Towards Terra Luna Collapse

Jimmy Kelly Jan 3, 2023 0 Comments

Three Arrows Capital (3AC) founder Su Zhu has thrown accusations on FTX and Digital Currency Group (DCG) of conspiring to…

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Gemini’s Founder Claims Barry Silbert Owes Genesis Global $1.7 Billion

Jimmy Kelly Jan 2, 2023 0 Comments

Cameron Winklevoss, founder of Gemini, accuses Digital Currency Group of owing Genesis Capital $1.6 billion. This comes after both founders…

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Is It Possible To Earn Passive Income With Decentralized Finance?

Mubashar Nawaz (United Arab Emirates) Dec 31, 2022 0 Comments

Decentralized finance, or DeFi, is a promising new way to do financial transactions that uses blockchain technology. It is a…

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Former Chinese Central Banker Complains About Low Digital Yuan Adoption

Bradley Nelson Dec 30, 2022 0 Comments

According to reports, a former executive at China's central bank, the People's Bank of China (PBoC), unveiled a hidden truth…

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BlockFi Requests Court To Move Disputed Robinhood Shares To A Neutral Broker

Bradley Nelson Dec 29, 2022 0 Comments

Following the ongoing legal brawl between FTX and BlockFi over controversial Robinhood shares, BlockFi requested the court to move the…

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CertiK Under Fire As DeFi Platforms Still Suffer Hacks Despite Audits

Bradley Nelson Dec 28, 2022 0 Comments

The recent spate of hacking incidents involving decentralized finance (DeFi) platforms is making headlines, although there were a series of…

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Galaxy Digital’s $100M Bailout Saves Bitcoin Miner Argo from Filing Bankruptcy

Stephen Causby Dec 28, 2022 0 Comments

Galaxy Digital's $100 million injection is timely to save Argo Blockchain from seeking bankruptcy protection. The Bitcoin mining company announced…

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Alameda Research Funded Bankman-Fried to Purchase $546 Million Robinhood Shares

Stephen Causby Dec 28, 2022 0 Comments

Bankman-Fried's filing to the Eastern Caribbean Supreme Court illustrates that Robinhood shares valued at $546 million were funded by loans…

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Argo Blockchain Asks For Suspension Of Nasdaq Trading

Bradley Nelson Dec 27, 2022 0 Comments

Argo Blockchain, an international leader in the crypto mining sector, has asked for the suspension of its ADS shares on…

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Alameda’s Ex-CEO Admits Her Wrongdoing, Further Implicates SBF

Alexander Fyodorov (Ukraine) Dec 27, 2022 0 Comments

Caroline Ellison, the ex-CEO of the fallen trading company Alameda Research, has told the court that she accepted the FTX…

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Nexo Rules Out Terminating Crypto Lender Vauld Bailout

Stephen Causby Dec 27, 2022 0 Comments

Nexo dismissed rumors of ending talks of acquiring troubled Vauld. The update by Nexo confirmed that the negotiations were ongoing.…

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BitKeep Wallet Breached as $8M Crypto Assets Withdrawn

Stephen Causby Dec 26, 2022 0 Comments

BitKeep's preliminary assessment revealed that hackers breached several of its APK package downloads. The wallet's investigating team observed that $8M…

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Crypto Lender Nexo Terminates Deal To Acquire Vauld

Jimmy Kelly Dec 26, 2022 0 Comments

The two crypto lending companies Nexo and Vauld have broken off their long-running negotiations over a potential merger. Since July…