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,
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX).
The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey.
The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging
Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey.
The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging
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,
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX).
The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
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,
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
The most recent addition in the Bitcoin ETF market is Simplify Asset Management’s Simplify Bitcoin Strategy PLUS Income ETF (MAXI). The company was co-founded by CEO Paul Kim and CIO David Burns in February 2020 and focuses on options-based investing strategies for advisers.
Brian Kelleher, the firm’s Chief
According to a press release, financial services company 21Shares has introduced the first exchange traded product (ETP) for Bitcoin that is physically backed in the Middle East.
Trading under the ticker symbol ABTC on the Nasdaq Dubai market, the ETP will operate similarly to the spot Bitcoin ETP the company
USD coin (USDC) has experienced a notable 4.9% decline in its market capitalization during the past month. The stablecoin, which is the second largest token in the stablecoin economy, also accounts for about 5% of the entire Bitcoin and cryptocurrency economy.
Data shows that other stablecoins have performed positively
