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Meta develops decentralized social app to compete with Twitter
Meta, the parent company of Instagram and Facebook, is working on a decentralized text-based content and social app similar to Twitter. The release date is still unclear. The stand-alone project, codenamed P92, will support ActivityPub – a federated social networking… дальше »
2023-3-10 16:04 | |
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Crypto VCs ask portfolios to pull funds from Silicon Valley Bank
Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank. SVB Financial Group, the parent company of Silicon Valley Bank, lost The post Crypto VCs ask portfolios to pull funds from Silicon Valley Bank appeared first on AMBCrypto. дальше »
2023-3-10 13:00 | |
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Gate.io Launches Visa Crypto Debit Card in Europe amid Mainstream Crypto Adoption
Coinspeaker Gate. io Launches Visa Crypto Debit Card in Europe amid Mainstream Crypto Adoption The parent company of Gate. io has partnered with electronic payment facilitator Visa to introduce a crypto card to users in Europe. дальше »
2023-3-10 16:14 | |
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Silvergate to wind down operations and liquidate the bank
Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. дальше »
2023-3-9 13:42 | |
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Avalanche partners with TSM and Blitz to develop web3 gaming
Avalanche announced a partnership with the esports platform Team SoloMid (TSM). The network is also teaming up with the gaming app Blitz. Swift, TSM and Blitz’s parent company, are looking to leverage Avalanche to provide a better gamer experience and… дальше »
2023-3-8 12:30 | |
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Meta Layoff Spree Expected to Continue in Zuckerberg’s Year of Efficiency’
Facebook parent Meta Platforms is preparing a new round of layoffs, people familiar with the matter told Bloomberg. The post Meta Layoff Spree Expected to Continue in Zuckerberg’s Year of Efficiency’ appeared first on BeInCrypto. дальше »
2023-3-8 16:30 | |
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Gate.io Plans To Enter Hong Kong After Gov. Allocates $6.4 M For Web 3 Space
Gate Group, the parent company of the Gate. io crypto exchange, becomes the latest to apply for a license in Hong Kong. The firm joins Huobi Global, OKX, and Bitget, seeking approval in the regime due to crypto-friendly policies. дальше »
2023-2-24 23:08 | |
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Why Meta Is Reportedly Planning To Sack More Employees This March
Last November, Facebook’s parent company, Meta, undertook its largest-ever downsizing, laying off more than 11,000 employees. It appears, however, that other staff will soon be given the pink slip. дальше »
2023-2-12 10:51 | |
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Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’
San Francisco-based Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments. The complaint accuses Layer1’s founder Jakov Dolic and board member Tobias Ebel of exploiting an alleged state of corporate paralysis at the Swiss private equity firm Enigma Holding (Layer1’s parent company) […] The post Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’ appeared first on CryptoSlate. дальше »
2023-2-7 14:45 | |
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Breaking: DCG And Genesis Close Initial Agreement With Creditors
Per a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle agreement” to restructure the lending firm. дальше »
2023-2-7 21:32 | |
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Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit
Yuga Labs, the parent company of the Bored Ape Yacht Club NFT project, has reached a settlement with Thomas Lehman, who built websites and smart contracts for Ryder Ripp’s copycat project “RR/BAYC.” Ripps’ project is a series of 10,000 NFTs that share the same names, features and traits as the famous Bored Ape Yacht Club NFTs and is part of a separate, ongoing court case around trademark infringement. дальше »
2023-2-7 19:59 | |
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US Senators question Silvergate after FTX comments
According to recent reports, several US senators have written a letter to Silvergate Capital, the parent organization of Silvergate Bank, demanding information about FTX. дальше »
2023-2-1 23:02 | |
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Gemini Vows Legal Action Against Genesis’ Parent Company amidst Bankruptcy Filing
US-based cryptocurrency exchange Gemini – founded by twin brothers Cameron Winklevoss and Tyler Winklevoss – is embroiled in a fresh tussle with Genesis Capital’s parent company DCG after the crypto lender (Genesis) filed for bankruptcy protection. дальше »
2023-1-30 22:18 | |
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Silvergate Capital announces the suspension of Series A preferred stock dividends
Silvergate Capital, the parent company to the crypto bank Silvergate, has announced it will be suspending Series A preferred stock dividends as it hopes to restructure following heavy loses and FUD surroundings its exposure to several now defunct crypto entities. дальше »
2023-1-28 23:38 | |
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Mango Labs sues trader for alleged $114m token manipulation
The DeFi platform Mango Markets’ parent company has decided to file a lawsuit against its trader. He allegedly manipulated the market price of the MNGO token and made over $114 million in revenue. According to the Jan. 25 lawsuit in… дальше »
2023-1-26 14:40 | |
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Nifty Gateway co-founders set to exit company amid Gemini crisis
Nifty Gateway co-founders are set to depart from their roles amid concerns of potential legal battles facing the platform’s parent company- Gemini. The post Nifty Gateway co-founders set to exit company amid Gemini crisis appeared first on CryptoSlate. дальше »
2023-1-26 00:38 | |
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DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on January 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. The post DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen appeared first on CryptoSlate. дальше »
2023-1-21 23:58 | |
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Genesis Global files for bankruptcy
The parent firm of embattled crypto lender Genesis Global Capital, Genesis Global Holdco, LLC, filed for Chapter 11 bankruptcy protection in New York federal district court. FTX collapse, the breaking point for Genesis Genesis Global Holdco, LLC estimated in a… дальше »
2023-1-20 10:17 | |
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Why Crypto Software Company ConsenSys Is Sacking Nearly 100 Staff
New York City-headquartered ConsenSys, the crypto software firm and parent company behind MetaMask, is sacking 11% of its personnel, Reuters reported, Thursday. Even though 2023 is barely a month old, the digital currency sector has already undergone a number of ups and downs. дальше »
2023-1-20 14:11 | |
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Tron Founder Justin Sun Ready To Invest $1 Billion On DCG Assets
Digital Currency Group (DCG), the parent firm of struggling cryptocurrency lender Genesis, is liquidating some of its holdings. Tron founder and Chinese crypto entrepreneur Justin Sun is prepared to invest $1 billion to acquire the network. дальше »
2023-1-15 17:05 | |
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Huobi Korea seeks to split from parent company, change its name: Report
Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li.
дальше »2023-1-10 20:53 | |
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Digital Currency Group under investigation from U.S. authorities over internal transfers
Following liquidity issues, Genesis suspended all withdrawals involving parent company DCG last month. U. S. authorities have since launched an investigation into the company's internal financiaThe post Digital Currency Group under investigation from U. дальше »
2023-1-7 12:30 | |
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Digital Currency Group Problems Continue as Firm Closes Wealth Management Division
The parent of Grayscale and Genesis – Digital Currency Group to shut down its wealth management division by Jan. 31. The post Digital Currency Group Problems Continue as Firm Closes Wealth Management Division appeared first on BeInCrypto. дальше »
2023-1-7 22:59 | |
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Digital Currency Group closes wealth management branch
The Digital Currency Group, created by Barry Silbert, is closing HQ Digital, a wealth management business launched the year before. On January 2, HQ, the parent business of Genesis Trading, informed customers that activities had ceased. дальше »
2023-1-6 10:46 | |
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Gemini Accuses DCG of Being Behind Genesis’ Woes
Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. дальше »
2023-1-4 17:00 | |
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TikTok Parent ByteDance Cuts Several Hundred Jobs in China
Coinspeaker TikTok Parent ByteDance Cuts Several Hundred Jobs in China TikTok-parent ByteDance said that these job cuts come as part of the company's plans to streamline operations. TikTok Parent ByteDance Cuts Several Hundred Jobs in China дальше »
2023-1-4 15:18 | |
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3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH
Seven months down the line, 3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra. дальше »
2023-1-4 11:59 | |
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These Altcoins Will be Hammered if Grayscale Needs to Liquidate
All eyes are on Grayscale and DCG this week as pressure on the parent company mounts and fears of an altcoin trust liquidation grow. The post These Altcoins Will be Hammered if Grayscale Needs to Liquidate appeared first on BeInCrypto. дальше »
2023-1-3 08:46 | |
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BIT Mining subsidiary BTC.com loses $3m to cyber attack
A parent company of bitcoin mining pool and blockchain browser BTC.com admits being hacked in December, losing millions to the attack. BTC.com suffers crypto heist Crypto mining firm BIT Mining has revealed that its subsidiary, BTC.com, fell victim to a… дальше »
2022-12-27 21:23 | |
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FTX’s SBF Bags $250 Million Bail, Could Face up to 100 Years in Jail as Close Associates Plead Guilty
Following his extradition from Bahamas prisons, disgraced FTX boss Sam Bankman-Fried made his first appearance yesterday at the New York Southern District, where he was served a $250 million bail option and made to pledge a commitment to house arrest, travel ban and intense scrutiny at his parent's house. дальше »
2022-12-23 14:16 | |
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Breaking: FTX's Sam Bankman-Fried to get bail on $250 million bond
Sam Bankman-Fried will be granted bail on a $250 million bond The former bigwig will be released to his parent's house in California under strict supervision FTX founder - Sam Bankman-Fried The post Breaking: FTX's Sam Bankman-Fried to get bail on $250 million bond appeared first on AMBCrypto. дальше »
2022-12-23 21:48 | |
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