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Crypto Bank Silvergate Lays Off 40% of its Staff
The crypto winter continues to affect firms as we move into 2023. According to reports, Silvergate Capital has…
Over 200M Twitter Accounts’ data leaked after $200K demand goes unheard
Back in December, rumors about a Twitter breach caused uncertainty among users. The fear of 400 million personal…
Ripple Lawsuit: MoneyGram Files Motion To Seal ‘Detrimental’ Information
The SEC’s lawsuit against Ripple has entered its third year of legal proceedings. Along with the involved parties,…
Celsius Gets Ownership Rights Of $4.2B Customer Crypto Deposits
According to reports, a US bankruptcy judge has granted the Celsius Network ownership rights to $4.2 billion in…
Amazon Layoffs To Affect 17,000 Employees
In the beginning of Q4 2022, Amazon halted hiring amidst rising economic concerns. Right after that, it was…
Tesla to Reportedly Begin Making Electric Motors for Airplanes, Boats, and More
Tesla has been going through a rough patch by the end of 2022. The automotive firm had implemented…
Genesis CEO Derar Islim Addressed That Solution Requires Additional Time
Genesis Global Capital [GGC], Genesis Trading’s lending division, began halting redemptions in November. The business then applied for…
With Ferrari Terminating its Velas Sponsorship, Are F1 teams done with Crypto?
The Scuderia Ferrari F1 team recently ended its sponsorship deal with crypto firm Velas and chip manufacturer Snapdragon.…
Should Bitcoin, Ethereum Investors Fret Over The Grayscale-DCG-Genesis Saga?
The collapse of Sam Bankman-Fried’s crypto empire impacted several divisions of the crypto ecosystem. The retrospective liquidity crunch…
Gemini Clients File For Class Action Against Genesis, DCG
With every passing day, Genesis’ wounds are getting deeper. In November, Genesis Global Capital [GGC], the lending business…