Genesis Global Trading, a prominent crypto lender, filed for Chapter 11 bankruptcy protection in New York on Jan. 20, becoming the latest company to declare bankruptcy in the wake of FTX’s collapse. However, the focus […]
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto […]
Rarely is a business so flush with cash that it can forgo all forms of financing. Whether your business is just getting started or is well-established, you’ll likely need to seek out some form of […]
JPMorgan Chase CEO Jamie Dimon dissed Bitcoin (yet again) on the sidelines of the World Economic Forum’s annual summit in Davos, Switzerland. In an interview with CNBC, Dimon said, “Bitcoin itself is a hyped-up fraud, […]
Crypto News: Here are the most popular stories from across the cryptosphere as featured in BeInCrypto this past week. Top 5 IOT Projects in 2023 One of BeInCrypto’s most popular articles over the past week […]
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Ethereum price momentum waned on Wednesday as investors reacted to the improving market conditions. ETH surged to a high of $1,612, the highest level since November 6 last year. It has jumped by more than […]
Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will be exiting the crypto space and returning to its “original mission” […]
Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) for failing to register the offer and […]
Our weekly roundup of news from East Asia curates the industry’s most important developments. Samsung’s new Bitcoin ETF On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed […]
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