CoinDesk sale rumors offer hope for truthful Bitcoin coverage
While Digital Currency Group shareholders were bracing for impact, Wall Street Journal revealed that DCG’s wholly-owned CoinDesk subsidiary was exploring a possible sale.
While Digital Currency Group shareholders were bracing for impact, Wall Street Journal revealed that DCG’s wholly-owned CoinDesk subsidiary was exploring a possible sale.
Mamoru Yanase's arguments are coming following the collapses of high-profile firms in the industry like FTX, Three Arrows Capital (3AC), and Celsius.
Silvergate cites the industry's "transformational shift" as the reason behind its massive losses in Q4, while Signature Bank appears to be distancing itself from Binance.
In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks the digital asset industry poses and laying out the three possible roads forward.
Chainalysis says 2022’s estimates are further complicated by the year’s unprecedented carnage that followed the collapse of major crypto firms, such as Celsius, Three Arrows Capital (3AC), and FTX.
The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had outside of the space was to put the concept of systemic risk back onto the agenda.
Sam Bankman-Fried launched a Substack account and insisted that FTX's U.S.-facing exchange "remains fully solvent" and would "return all customers' funds."
New filings in the FTX bankruptcy case have revealed the full list of investors, and among Tom Brady and Gisele Bundchen sits Coinbase, which holds the bag on millions of FTX shares.
Binance.US will assume control of $1 billion in digital assets frozen last July when Voyager filed for Chapter 11 protection.
A favorable plea deal awaits former FTX engineering chief Nishad Singh if he could offer insight on Sam Bankman-Fried's campaign finance that could be key to solving the exchange's alleged crimes.
Cameron Winklevoss says some 340,000 Gemini Earn users have been “defrauded” by DCG subsidiary Genesis Global Capital and, by extension, by Silbert “and other key personnel.”
The DoJ and the SEC are probing DCG’s transactions with Genesis, while prosecutors in New York are seeking documents as well as interviews with staff.