These events followed a surge in redemption requests from investors wanting to cash out. The $69 billion real estate income[…]
According to some, this concept is a potential solution to the problems faced by traditional fiat currencies. However, CBDCs have[…]
After a series of attempts to keep the company afloat, Genesis Global Holdco and two of its subsidiaries, Genesis Global[…]
The cryptocurrency exchange is backing out on its deal to save troubled competitor FTX – which may have a huge[…]
Yesterday, BlockFi announced its voluntary Chapter 11 filing, citing FTX’s fall as the primary reason. “Maximizing value for all customers[…]
According to Changpeng ‘CZ’ Zhao, Binance’s creator and CEO, this could help solve the liquidity crisis. This afternoon, FTX asked[…]
The exchange says that customer funds are safe, but any losses are being covered by the company’s reserves. The company[…]
The multi-billionaire closed a $44 billion deal to buy the social media company. He also began his ‘purge’ as at[…]
The Toronto-based firm filed for Chapter 11 bankruptcy protection Tuesday in the Southern District of New York. It estimates it[…]
According to a Bloomberg report, the move will protect its assets in the U.S. while the liquidation takes place in[…]