CRYPTO LENDING UNIT OF GENESIS FILES FOR BANKRUPTCY

CRYPTO LENDING UNIT OF GENESIS FILES FOR BANKRUPTCY

The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi. Genesis Global Capital, one of the largest crypto lenders, froze customer...
VITALIK BUTERIN SAYS FTX SAGA OFFERS LESSONS FOR CRYPTO

VITALIK BUTERIN SAYS FTX SAGA OFFERS LESSONS FOR CRYPTO

The collapse of FTX contains lessons for all of crypto, according to ethereum co-founder Vitalik Buterin. Buterin emphasised the stability of crypto’s so-called underlying technology, the blockchain, while acknowledging the heavy impact of the meltdown of the Sam...
GAME OVER FOR SAM BANKMAN-FRIED AS FTX GOES BUST

GAME OVER FOR SAM BANKMAN-FRIED AS FTX GOES BUST

Crypto exchange FTX is to start US bankruptcy proceedings and CEO Sam Bankman-Fried is to step down, after a liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed cryptocurrency trading...
VITALIK BUTERIN SAYS FTX SAGA OFFERS LESSONS FOR CRYPTO

TOP CRYPTO PRICE LOSERS THIS YEAR

Cryptocurrencies have suffered a massive hit in 2022, losing more than $1,9-trillion in value since the height of last year’s rally. Although Bitcoin was at the center of the crypto price crash, many other coins have suffered more severe price drops than the world’s...