The former chief executive of the cryptocurrency lending platform Celsius Network defrauded hundreds of thousands of investors out of hundreds of millions of dollars’ worth of cryptocurrency, New York Attorney General Letitia James alleged in a new lawsuit filed Thursday. Alex Mashinsky lied to investors, concealed Celsius’ dire financial condition […]
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This Crypto Startup Was Worth $1.5 Billion. It’s Now Shutting Down
English In April 2022, crypto startup Wyre was riding high on the tech boom, having agreed to be acquired for $1.5 billion. The acquisition would have meant a $267 million windfall for one its founders. But the acquisition was canceled in September. On Friday, employees received worse news: They were […]
SEC issues new guidance requiring companies to disclose cryptocurrency risks
An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission released new guidance Thursday, requiring companies that issue securities to disclose to investors their exposure and risk to the cryptocurrency market. The guidance comes about a month […]
MEXC Futures Business Grows Ultimately, Highlighting the Advantages of Liquidity and Fee Rate
Toronto, Ontario–(Newsfile Corp. – January 2, 2023) – In early December, the cryptocurrency exchange MEXC announced that its futures business made a significant breakthrough in 2022, with an average daily trading volume growth of 1200%. This data can be verified from third-party public data. MEXC To view an enhanced version of […]
6 Cryptocurrency Firms For Bottom Feeders: Including MicroStrategy, Riot, Hive And Cleanspark
dima_sidelnikov / Deposit Photos Challenges for cryptocurrency firms in 2022: market struggles and calls for regulation This year has been the darkest yet for Crypto fanatics as the sector went from one of its strongest bull markets through the pandemic into a bear market. It was the perfect storm that […]
Crypto Adventure Launches Crypto Guest Post Services
Crypto Adventure Crypto Adventure is excited to announce its new crypto guest post feature. This self-service platform is designed to help cryptocurrency businesses and publishers reach crypto communities at an affordable price. Bucharest, Romania, Dec. 28, 2022 (GLOBE NEWSWIRE) — With this portal, Crypto Adventure makes it easy for companies […]
After FTX’s spectacular collapse, where does crypto go from here?
It’s been a brutal year for crypto. Even before the dramatic collapse of the trading platform FTX last month, the price of bitcoin had fallen substantially in 2022 — the product of rising interest rates, its increasing correlation with beaten-down tech stocks, and instability emanating from other corners of the […]
4 ‘emerging narratives’ in crypto to watch for: Trading firm
Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023. In a 14-page “Year in Review” report released on Dec. 24, Goulden said he […]
Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm
Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries. CoinShares officially announced on Dec. 19, the first day of trading on Nasdaq Stockholm’s main market, with CoinShares’ stock starting trading on the exchange under the ticker CS. The latest trading […]
Binance Skeptics Question FTX Crypto Similarities
After the astounding FTX crypto collapse, investors and industry observers want proof that Binance is different. The leading cryptocurrency exchange and its founder and CEO, Changpeng Zhao, who played a key role in setting off the death spiral of the FTX enterprise, are now themselves facing increasing scrutiny over the […]