World Economic Forum Wraps Up Davos 2023 With Sparks
The World Economic Forum’s annual meeting wrapped up with a fiery panel on the role of regulators in crypto, plus more from Davos, Switzerland.
Read MorePaxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
Read MoreSolana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
SOL’s price has surged 114% so far this year, slowly recovering from losses from early November. Crypto traders and analysts are navigating the prospects for the Solana community.
Read MoreFirst Mover Asia: Bitcoin Returns to Its Winning Ways
ALSO: Shaurya Malwa writes about Singapore asset management firm Cobo’s initiative to introduce separate custodian, clearing and settlement services to crypto; Bitcoin’s price rises back past $21K.
Read MoreGenesis’ Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX was the final straw for Genesis, which earlier this year suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund
Read MoreGenesis Owes Over $3.5B to Top 50 Creditors
Genesis has over 100,000 creditors between the of its companies that declared bankruptcy.
Read MoreCameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy
The Gemini CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.
Read MoreBitcoin, Ether Hold Steady After Genesis’ Bankruptcy, Crypto Traders Say Bad News Was Priced In
The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin’s tendency to carve out double-digit gains during the Chinese New Year
Read MoreBinance Named as Counterparty in FinCEN Order Against Bitzlato
Binance, the world’s largest crypto exchange was named as a counterparty in a FinCEN order against little-known cryptocurrency exchange, Bitzlato.
Read MoreEther, Bitcoin Long Traders See $110M Liquidations on Bitzlato Induced Volatility
Over 76% of all traders betting on the market’s growth were liquidated yesterday, only for prices to recover slightly on Thursday.
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