New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it into
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Genesis Crypto Lender Hires a Restructuring Adviser to Avoid Bankruptcy
The cryptocurrency lender, Genesis Global Capital has hired investment bank Moelis & Company to consider alternatives including a potential bankruptcy, according to the New York
US Lawmakers Urge Fidelity to Review its Bitcoin Services, Say Market is Chaotic
Senators Elizabeth Warren, Tina Smith, and Richard Durbin have reaffirmed their concerns for Fidelity Investments to rethink providing a 401(k) retirement package connected to Bitcoin
Bitcoin, Ether Slip to 1-Week Lows, as the Global Market Cap Dives in the Red
Bitcoin took an unexpected turn for the worst and fell to a weekly low of just under 16,000. After many days of stagnation, the global
Binance Dominates 64% Market Share After FTX Demise
FTX’s bankruptcy has caused investors to migrate massively to the rival exchange Binance, which currently dominates with a 64% market share among the top 10
Solana NFT Protocol Metaplex Announces Massive Layoffs
The co-founder and CEO of Metaplex, Stephen Hess, stated on Thursday that the company has started a wave of corporate layoffs.
FTX Bankruptcy Filing Uncovers The Lies Of Bankman-Fried
The bankruptcy petition for FTX was made public yesterday, and it has revealed various falsehoods about Sam Bankman-Fried and his workers, demonstrating that the situation
Binance Moved $2.7B Out of its Proof of Reserves Wallet
Binance is under backlash from the cryptocurrency community after moving $2.7 billion (USDT) from their proof-of-reserves wallet barely 20 hours after posting their proof-of-reserves article
Investors File Lawsuit Against Celebrities that Promoted FTX
This drama of FTX enters yet another week. Several respected members of the industry have spoken out against Sam Bankman-Fried, describing him as a con
Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars
Temasek, a private business established by the Singaporean government in 1974, has decided to treat its investments in the defunct FTX exchange as a loss,