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General Crypto
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16M ETH Is Now Staked on the Ethereum Proof-of-Stake Chain
2022 was significant for a lot of reasons. While bad actors were eliminated from the industry, certain networks…
Cryptocurrency Attack Victims Lost ~$457M in 2022
A recent analysis report by Chainalysis revealed that 2022 was an “impactful year” in the fight against “ransomware.”…
Central African Republic is Drafting a Cryptocurrency Bill
In the Central African Republic, officials are reportedly working on drafting a bill for the use and tokenization…
US Government Seizes Nearly $700 Million in Assets Belonging to Sam Bankman-Fried
CNBC reported that US Federal Prosecutors have seized nearly $700 million in assets belonging to FTX co-founder Sam…
Top Cryptocurrency Companies that Went Bankrupt in 2022-2023
This week saw Genesis officially file for Chapter 11 Bankruptcy, joining what seems like a long line of…
The Federal Reserve Is Investigating Goldman Sachs
The Wall Street Journal reported that The Federal Reserve has launched an investigation into Goldman Sachs. The probe…
Genesis Interim CEO Says Firm Wants to Exit Bankruptcy “Quickly and Efficiently”
According to a letter obtained by The Block, Genesis Interim CEO Derar Islim told clients the firm wants…
Former FTX US President Raises $5 Million From Coinbase and Circle for Crypto Startup
Bloomberg reported that former FTX US President, Brett Harrison, has raised $5 million from both Coinbase Ventures and…
Google’s Parent Company To Lay Off 12,000 Employees
Along with firms from the cryptocurrency space, even companies from the traditional technology industry have been laying off…
Genesis Officially Files For Bankruptcy
With news of the crypto firm’s preparing for insolvency coming on Jan 18, cryptocurrency lender Genesis has officially…