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…
Tag: Firms
Ex-FTX boss Sam Bankman-Fried admits he should’ve done more stress testing before crypto firm’s collapse
Pastel Network co-founder Anthony Georgiades argues ‘it’ll take time’ to trace back disgraced FTX founder Sam Bankman-Fried’s ‘co-mingled’ assets. Sam Bankman-Fried made yet another public appearance on Tuesday in an…
Binance holds $74.7 billion worth of crypto in its reserves and roughly 40% are in the firm’s own tokens, report says
Antonio Masiello/Getty Images Nearly half of Binance’s reserves are in the firms own stablecoin and native token, according to Bloomberg. Co-founder Changpeng Zhao said earlier this week Binance would be…
WEF 2022: Crypto companies dominate Davos essential avenue regardless of value crash
Sunday was Bitcoin Pizza Day and delegates had been provided slices of pizza on the Promenade to mark the day when Laszlo Hanyecz used the crypto to purchase…
Monetary Corporations’ Tackle Crypto-as-a-Service
As cryptocurrency digs deeper into the mainstream, increasingly corporations discover their prospects are asking about it. Meaning banks and monetary providers corporations wish to supply the power to purchase, promote…
FTX, different crypto corporations ditch sports activities offers as market collapses
Cryptocurrency firms poured billions of {dollars} into sports activities sponsorships in 2021 — however this yr’s downturn has made the flood of money dry up, The Publish has discovered. As…
Power use from US cryptomining companies is contributing to rising utility payments | Cryptocurrencies
The biggest US cryptomining firms have the capability to make use of as a lot electrical energy as almost each dwelling in Houston, Texas; vitality use that’s contributing to rising…