November 11, 2022
“The crisis sparked by the collapse of Sam Bankman-Fried’s FTX crypto empire ensnared BlockFi, a troubled digital-asset lender once worth $3 billion but which has now limited activity on its platform… The Jersey City, New Jersey-based company asked customers to… Continue Reading…
November 11, 2022
“Since 1990, the Ontario Teachers Pension Plan has managed hundreds of billions of dollars in assets for nearly 200,000 education workers, holding stakes in traditional investments from airports to shopping centers. The Canadian pension fund is just one of many… Continue Reading…
November 11, 2022
“Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the U.S., according to a company statement posted on Twitter. Bankman-Fried has also stepped down as CEO and has been succeeded by John J. Ray III, though the outgoing… Continue Reading…
October 25, 2022
“In contradiction to its usual tempestuousness, Bitcoin and some other cryptocurrencies have become less choppy, stupefying market-watchers who’ve long known them for their volatility. The average spread between the past month’s peak and trough across the 10 largest digital assets… Continue Reading…
October 18, 2022
“On Tuesday some 48,000 bitcoins moved off Coinbase Pro, a favored exchange among institutional investors, according to data provider CryptoQuant. The outflow was the biggest among crypto exchanges since crypto’s big crash in June of this year and the second-largest of all… Continue Reading…
September 22, 2022
“…Since Sept. 15, the date the merge was completed, to Tuesday, ether is down 15.2%. Bitcoin has dropped 4.4% in the same period. Ahead of the network upgrade, the price of ether roughly doubled from the lows of the year in… Continue Reading…
September 8, 2022
“GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. Shares of the company rose more than 6% in premarket trading Thursday.… Continue Reading…
August 30, 2022
“For crypto enthusiasts, a big change is in the air – and it’s not just a change of seasons. It’s the phrase on everyone’s lips: The Merge. It would be the Ethereum blockchain’s most ambitious software upgrade ever, coming after years of… Continue Reading…
August 22, 2022
“FTX rode the crypto craze to a billion dollars in revenue last year while expanding its global footprint through a flurry of acquisitions, according to internal documents seen by CNBC…. The crypto exchange’s revenue soared more than 1,000% from $89… Continue Reading…
August 4, 2022
“Shares of Coinbase soared on Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients to buy bitcoin. Coinbase shares were last up by 25.2%. Earlier in the day they jumped as much as about 40%…… Continue Reading…
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