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Genesis Withdrawal Pause Is Affecting Gemini Lending Program
Genesis Withdrawal Pause Is Affecting Gemini Lending Program
News  -  Business  -  Nov 16, 2022 by Deniz Saat

On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage. According to a statement from Gemini Earn’s website page,

FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO
News  -  Business  -  Nov 11, 2022 by Deniz Saat

According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,

ZEBEDEE and Bitrefill Partner To Establish a Circular Economy
ZEBEDEE and Bitrefill Partner To Establish a Circular Economy

ZEBEDEE’s app will be integrated into Bitrefill’s services, per release. This partnership enables users to spend the Bitcoin they earn from playing games on thousands of gift cards without ever leaving the app, creating a full circular economy within ZEBEDEE. Bitrefill is the largest global provider of gift

News  -  Bitcoin  -  Nov 22, 2022
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ZEBEDEE and Bitrefill Partner To Establish a Circular Economy
ZEBEDEE and Bitrefill Partner To Establish a Circular Economy

ZEBEDEE’s app will be integrated into Bitrefill’s services, per release. This partnership enables users to spend the Bitcoin they earn from playing games on thousands of gift cards without ever leaving the app, creating a full circular economy within ZEBEDEE. Bitrefill is the largest global provider of gift

News  -  Bitcoin  -  Nov 22, 2022
Genesis Withdrawal Pause Is Affecting Gemini Lending Program
Genesis Withdrawal Pause Is Affecting Gemini Lending Program

On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage. According to a statement from Gemini Earn’s website page,

News  -  Business  -  Nov 16, 2022
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO

According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,

News  -  Business  -  Nov 11, 2022
Japanese Bank Set to Launch Bitcoin Trading in 2023
Japanese Bank Set to Launch Bitcoin Trading in 2023

According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in

News  -  Bitcoin  -  Nov 09, 2022
Binance Offers To Buy FTX Exchange Amid Liquidity Crises
Binance Offers To Buy FTX Exchange Amid Liquidity Crises

Following a liquidity crisis at FTX, CEO Sam Bankman-Fried announced that Binance will likely acquire FTX Exchange, pending due diligence. Bankman-Fried confirmed the agreement in a tweet this morning. https://twitter.com/SBF_FTX/status/1590012124864348160 Shortly after the announcement, Binance CEO Changpeng Zhao tweeted that FTX asked for help

News  -  Altcoins  -  Nov 08, 2022
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace

According to a press release, the U.S. Department of Justice has confiscated approximately $3.36 billion in Bitcoin associated to Silk Road that has been missing since 2012.  Property developer James Zhong, who stole 51,680.32473733 BTC from Silk Road, has admitted to committing wire fraud in order

News  -  Bitcoin  -  Nov 07, 2022
CleanSpark Mines Record Number of Bitcoin in October
CleanSpark Mines Record Number of Bitcoin in October

An energy company turned Bitcoin miner, CleanSpark Inc., generated a record number of new BTC in October 2022. The company said in a statement that it mined 532 Bitcoin during last month which is an increase of roughly 20% from September. CleanSpark also shared improvements made on their immersion cooling

News  -  Bitcoin  -  Nov 03, 2022
South African Retailer Pick n Pay Will Accept Bitcoin Payments
South African Retailer Pick n Pay Will Accept Bitcoin Payments

South African food retailer, Pick n Pay, has announced that it will start accepting Bitcoin payments in 39 stores across major cities before gradually rolling out the feature to all of its 2,000 branches in the coming months.  The new payment gateway will allow customers to pay for groceries

News  -  Bitcoin  -  Nov 02, 2022
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