Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain
Emily Nicolle / Bloomberg :
In a Tucker Carlson interview, Sam Bankman-Fried says he was becoming closer to the GOP in the lead-up to his arrest and that played a role in his sentencing
where Luigi Mangione is also being held Bluesky: Dotto / @idott : I can haz pardon? Bernie Michalik / @berniemichalik.ca : I think I'm going to have to start a website called: isSB...
A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention
It is sometimes useful to think that the shareholders of a bank are not its owners; they are just renting it from its creditors.
Binance closed some derivative trading accounts in Australia after an investigation found the customers didn't meet the criteria for wholesale investors
Osato Avan-Nomayo / The Block :
Binance shut down the derivative trading accounts of retail users in Australia after an investigation found customers were misclassified as wholesale investors
Binance closed the derivative trading accounts of some wholesale investors in Australia after an investigation found that they didn't meet the criteria for such investors.
Crypto lender Genesis Global files for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities as between $1B and $10B
the parent company of Genesis - continue to refuse to offer creditors a fair deal. Fred Walton / @fredwalton216 : 1) Crypto thread on January 19. DCG allegedly has received offers ...
Crypto lender Genesis Global Capital files for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities between $1B-$10B
Cryptocurrency lender Genesis Global Capital filed for bankruptcy, the latest firm to collapse in the aftermath of FTX's swift downfall.
Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and have discussed a plea deal
Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation …
Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and have discussed a plea deal
Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation …
Sources: Genesis Global has $2.8B in outstanding loans, including ~30% of its lending made to related parties like its parent company DCG
Bloomberg :
Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos' Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos' Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput
The price of Aptos has crashed more than 40% a day after launch as investors remain wary of the network's widely-panned mainnet rollout.