Market Analysis
January Started with 22x More Tech Job Losses
Agile tech sector foreshadows recession to hit the economy at large.
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Market Analysis
Market Analysis
DCG’s Silbert Opens up on Genesis and 3AC, Gemini Terminates Earn Program
Barry Silbert published his letter to shareholders just after Cameron Winklevoss further escalated the public Gemini-DCG feud over Genesis.
Crypto
As Competition for ETH Liquid Staking Grows, Can Lido Stay on Top?
While Lido Finance is still the leader in liquid staking, rival projects are slowly eating its market share.
Best Stocks
Coinbase Loses Momentum in Premarket Trading After Layoffs Announced
Coinbase's stock is down 1.2% in premarket trading.
Crypto
DCG-Genesis Crisis in the Making as CEO Barry Silbert Fails to Respond
DCG is yet to find bailout investors in the middle of a crypto winter.
Market Analysis
Institutional Investors Bet on XRP Amid SEC Court Case Update
XRP digital asset funds recorded $3m in inflows last week following new updates in the Ripple vs SEC court battle.
Market Analysis
How the Latest Job Report Could Influence the Fed’s Decision on Funds Rate
December's jobs report may be strong, but the labor market is yet to catch up with recessionary forces.
Market Analysis
Noose Tightening Around SBF’s Inner Circle as US Probes Nishad Singh
Reportedly, the SDNY, the SEC, and the CFTC are all investigating FTX’s former chief engineer Nishad Singh.
Market Analysis
Genesis Working With Moelis & Co. Mulling Over Chapter 11 Bankruptcy
Genesis is “working closely” with its advisors and reportedly still considering bankruptcy as a way forward.
Market Analysis
Genesis Fires 30% of Staff in Restructuring Attempts After FTX’s Collapse
A day after saying it needed more time to sort out its financial woes, Genesis announced it was 30% of its remaining employees.
Market Analysis
Bybit’s Rapid Growth Continues: Userbase Up 104% in 2022
Bybit said its user base grew 104% since last year, hitting 10 million users in August 2022.
Latest
Judge Orders Seizure of FTX’s Silvergate Balance as DoJ Takes Alameda’s HOOD
The DoJ moves to take Alameda’s Robinhood shares and a federal judge orders the seizure of $93 million from Silvergate as the fight to secure FTX’s…
Latest
Celsius Wins Ownership of $4.2B Worth of Customers’ Funds
Judge Martin Glenn stated that Celsius’ terms of service were “unambiguous” when it comes to asset ownership.