Altcoins Could Recover Further After months of bleeding out, altcoins have recently started to mount a comeback. Led by Ethereum and XRP, a multitude of non-Bitcoin crypto assets have managed to gain at least 5% in the past week, as BTC has posted a 3% loss. This has resulted in...
Summary: FTX’s crypto derivatives exchange LedgerX instructed customers to make local wire transfers through Signature bank instead of the firm’s usual banking partner, Silvergate bank Bloomberg reported that LedgerX users will have to send wire transfers via Signature bank beginning Wednesday. LedgerX remains one of the few remaining solvent entities...
Two ETFs tracking the stock picks of Mad Money star Jim Cramer have made their debut in the U.S. The Inverse Cramer Tracker ETF ($SJIM) will allow investors to short the finance pundit's recommendations.
OpenSea’s co-founder Devin Finzer announces that they are laying off 20% of the OpenSea staff. The firm will be helping its employees find a new jobs and will also be offering them several benefits including a generous severance pay option. The dreaded crypto winter has finally struck the leading NFT...
Bitcoin Satoshi’s Vision (BSV) was no doubt the crypto market’s flavor of the week last week. For those who missed the memo, the altcoin was at a point up around 250% on the week, outpacing effectively all other multi-billion-dollar assets on any market. This rally has allowed BSV to become...
Binance has announced an online learning program in association with Founderz Business School. Students will lean about the functioning of blockchain and the crypto industry.
Celsius network has hired a new legal firm for restructuring purposes The firm will now be seeking legal assistance from Kirkland & Ellis LLP. Celsius Network is reportedly hiring new lawyers to carry out its restructuring process. Per a report published by WSJ, the firm will now be seeking legal...
Constance Zhe Wang, previously recognized as Sam Bankman-Fried's right-hand woman in capital raising, has resurfaced in the crypto space months after crypto exchange FTX collapsed last winter.
Summary: Abu Dhabi’s Royal Group plans to deploy more capital into the crypto industry and commodities, Bloomberg reported citing people familiar with the matter. The investment firm led by United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan has poured billions into a short position on US...
