Bitcoin Falls to Fresh Lows as Genesis Denies Imminent Bankruptcy
Bitcoin briefly fell to a two-year low on Monday after Bloomberg News reported that Genesis, the digital asset brokerage and lender, has told investors it may...
Tagged: virtual currencies
Bitcoin Falls to Fresh Lows as Genesis Denies Imminent Bankruptcy
Bitcoin briefly fell to a two-year low on Monday after Bloomberg News reported that Genesis, the digital asset brokerage and lender, has told investors it may...
The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’
It’s been seven days since Sam Bankman-Fried said: “FTX is fine. Assets are fine.” Many things are still unclear, but one thing is certain: FTX was...
FTX’s spectacular collapse is nothing like Theranos, says venture investor and crypto bull Tim Draper
Tim Draper, founder and managing partner of Draper Associates and Draper University, refused to compare the spectacular implosion of crypto trading platform FTX with the infamous...
A ‘margin call cascade’ deleveraging, crypto failure and bitcoin at $13,000 likely amid FTX fallout
A “new wave of crypto debasement” is likely underway, with bitcoin itself poised to drop another 25% amid a “cascade” of margin calls. That was the...
FASB Decides on Fair Value Accounting for Crypto Asset Measurement
The Financial Accounting Standards Board said Wednesday that companies should use fair value accounting to measure bitcoin and other crypto assets, moving a step closer to...
Oracle hires Chief Legal Officer from Facebook’s blockchain project
Oracle said Mr. Levey’s experience in technology, finance and national security will help it navigate the regulatory environment as it expands its cloud business. Photo: Paul...
Fidelity promotes ‘early access’ to crypto platform
Fidelity still hasn’t announced a launch date for the cryptocurrency trading platform it unveiled last week, but interested investors can put their names on a list...
Oracle hires Chief Legal Officer from Facebook’s blockchain project
Oracle said Mr. Levey’s experience in technology, finance and national security will help it navigate the regulatory environment as it expands its cloud business. Photo: Paul...
Oracle hires Chief Legal Officer from Facebook’s blockchain project
Oracle said Mr. Levey’s experience in technology, finance and national security will help it navigate the regulatory environment as it expands its cloud business. Photo: Paul...