The crypto lender was previously “rescued” by FTX following the LUNA stablecoin collapse. BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the…
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout. Bitcoin (BTC) hovered above $16,000 on the Nov. 28 Wall Street open as analysts diverged…
There are a number of benefits associated with tokenized government bonds, yet adoption may take time. A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize…
Former AAX executive Ben Caselin said that his role in the firm became hollow and that the trust in the brand is broken. Weeks after the AAX exchange started halting…
It’s been quite some time now since the FTX collapse struck the crypto markets, and led to an overextended crypto winter. Although, since then, as Go to Source
Summary: Crypto lender BlockFi declared bankruptcy on Monday after exposure to FTX. The company had some 100,000 creditors and around $256 million in cash when chapter 11 was filed. FTX…
Summary: Singapore’s parliament has questions for Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong after FTX blew up. Lawmakers also queried Temasek’s due diligence after the state-backed…
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend,…
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that…
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with…
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several…
Sellers’ pressure may increase in EURUSD market EURUSD Price Analysis – 28 November In case the daily candle close above the resistance level of $1.04, Go to Source
The President of Jump Crypto, Kanav Kariya, has called out the former CEO of FTX, Sam Bankman-Fried. Kariya likened SBF to a “false messiah, adding Go to Source
Russia’s President, Vladimir Putin, has called out the monopoly of the global financial system. Putin said there was a need for an independent and blockchain-based Go to Source
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear. When new technologies and platforms are created,…
