A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.
According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment.
FTX had
The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that
21Shares is the world's largest issuer of cryptocurrency exchange traded products (ETPs), and its newest offering, the Crypto Winter Suite, is a robust toolkit for navigating the bear market.
The Crypto Winter Suite is actually a line of products, all of which aim to help investors “buy the
21Shares is the world's largest issuer of cryptocurrency exchange traded products (ETPs), and its newest offering, the Crypto Winter Suite, is a robust toolkit for navigating the bear market.
The Crypto Winter Suite is actually a line of products, all of which aim to help investors “buy the
A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.
According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment.
FTX had
The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that
Twitter user @CryptoInsider23 posted a thread claiming that Circle’s USDC stablecoin “is on the brink of collapse.” The account explains that they were able to come to this conclusion by looking into Circle’s SPAC IPO filings.
From the provided tweet and infographic, Circle is currently paying Signature Bank
The Wall Street Journal released a report on Monday (June 27th, 2022) stating that hedge funds are ramping up efforts to short Tether (USDT), the stablecoin pegged to the U.S. dollar. Subsequently, Tether Chief Technology Officer (CTO), Paolo Ardoino, voiced his thoughts on Twitter in a 12-part thread.
He
Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF.
GBTC is currently trading at nearly a 30% discount to net
Three Arrows Capital (3AC) is a cryptocurrency hedge fund that was run by Zhu Su and Kyle Davies from their Singapore and Dubai offices.
The company bought Bitcoin on leverage using funds from DAOs and CeFi firms that include Voyager and BlockFi. At its peak the fund was worth around
During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies.
The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019
