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$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »

2022-11-17 12:21


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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24


The capitalization of cryptocurrencies has returned to $1 trillion, growth in the top 30 was led by MATIC, NEAR and ETC

The capitalization of cryptocurrencies has returned to $1 trillion, growth in the top 30 was led by MATIC, NEAR and ETC The total value of digital currencies exceeded $1 trillion, recovering after falling in the wake of the tightening of the Fed’s monetary policy on Wednesday. дальше »

2022-11-5 22:00


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Half a billion dollars of Ethereum shorts liquidated as market rips upward

For crypto short sellers, it has been a good year. This week, however, the tables flipped. Ethereum spiked violently upwards from $1350 to above $1550, and short sellers were caught off guard. Over $300 million in short bets were liquidated on Wednesday, with another $255 million in wipeouts Thursday putting the total above half a […] The post Half a billion dollars of Ethereum shorts liquidated as market rips upward appeared first on Invezz. дальше »

2022-10-28 13:23


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Novogratz: Markets are in for a rough few months

As markets continue to wobble, with risk assets struggling to string gains, Galaxy Digital CEO Michael Novogratz says the bearishness could sustain for a bit longer. No ‘big knight on a horse’ for the markets In an interview with Bloomberg on Wednesday, Novogratz said he expects the markets to have it rough for a few […] The post Novogratz: Markets are in for a rough few months appeared first on Invezz. дальше »

2022-10-21 17:27


JPMorgan Taps Former Celsius Exec As Crypto Regulatory Policy Director

Nothing supersedes personal experience. At least that seems to be the case with a new JPMorgan Chase hire this week, as the financial firm has brought in former Celsius executive Adam Iovine to serve as a director of digital assets regulatory policy, according to a variety of reports on Wednesday, which cite Iovine’s LinkedIn page. дальше »

2022-10-20 21:51