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Crypto Lender Genesis Lays Off 30% More of Its Staff
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for cryp...

Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
Silvergate today announced it was cutting down 40% of staff, amid major outflows from its platform.

Crypto Lender Vauld Seeks to End Nexo's Purchase Agreement After Rejecting Revis...
Cryptocurrency lender Vauld has rejected Nexo's revised acquisition proposal and is seeking to terminate the negotiation between the two fir...

Bankman-Fried’s Alameda Joins Chorus Objecting to Binance Voyager Buy
The $1 billion transaction has also been opposed by the Securities and Exchange Commission and Texas regulators

Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by...

Crypto Layoffs: Here's the Grim Count Since April
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on sta...

The Fool's Game Of Annual Crypto Price Predictions
Cryptocurrencies operate on different fundamentals from traditional investments, and investor sentiment plays a much larger role in determin...

First Mover Americas: A Win for Celsius in Court
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 5, 2023. First Mover is CoinDesk’s daily newsletter that cont...

Crypto Infrastructure Firm Securrency Hires State Street's Nadine Chakar as CEO
Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street's head of digital Nadine Chakar as...

Telegram-Related TON Foundation Enters Crypto Storage Market
The foundation aims to solve large-scale data storage problems with its new project.

Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the...

Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon
Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via stru...

Silvergate Cuts 40% Jobs, Writes Off Diem Asset Acquisition
The crypto-focussed bank is writing off its acquisition of Diem's assets.

Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Ri...

Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt cr...

Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Fam...
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, th...

First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country, whose regulations about anything...

Crypto Bank Juno Tells Customers to Self-Custody or Sell Amid Custodian Wyre's T...
Juno's current custodian, Wyre, will liquidate in January.

Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks
CloneX COO Nikhil Gopalani and prominent NFT collector CryptoNovo lost NFTs estimated to have been worth hundreds of thousands of dollars to...

SEC Pursues $45M Scam Based in Fake Blockchain Technology
The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to g...

Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience
ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green.

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