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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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Square Enix Reaffirms Commitment to Web3 Technology
Video game fans awaiting news of Square Enix’s plans for blockchain gaming have been presented with a “goal of making 2023 a year of major evolution and transformation” by their president. The renowned developer of beloved games like Final Fantasy recently released a letter confirming their commitment to the Web3 sector. дальше »
2023-1-4 03:40 | |
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DCG Drama Recap: Winklevoss Letter, Grayscale Troubles, Class-Action Arbitration
Barry Silberts woes continue as Cameron Winklevoss ratchets up the pressure, Gemini Earn customers file for class-action arbitration, and Grayscales Ethereum Trust trades at its lowest discount ever. New Year,... дальше »
2023-1-4 20:16 | |
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Why Gaming Giant Square Enix Will Make Aggressive Investment In Blockchain Entertainment
The legendary gaming studio Square Enix will continue to double down on Blockchain technology and digital assets in 2023. In a letter published by the company’s president Yosuke Matsuda, the company committed to focusing on “blockchain entertainment” and Web3. дальше »
2023-1-4 17:37 | |
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Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8
Cameron Winklevoss wrote an open letter to Barry Silbert asking him to solve Gemini Earn users' problems by Jan. 8 The post Cameron Winklevoss Ultimatum to Barry Silbert: Solve Genesis Problems by Jan. 8 appeared first on BeInCrypto. дальше »
2023-1-3 23:15 | |
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Cameron Winklevoss shares letter to Barry Silbert with public
Gemini co-founder Cameron Winklevoss has issued a public letter on Twitter to address Barry Silbert, the founder of DCG. дальше »
2023-1-3 20:48 | |
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Blockchain didn’t fail, says Pantera’s CEO on FTX collapse
Pantera Capital’s CEO says FTX’s collapse was not caused by blockchain failure. In a letter to investors, Dan Morehead said there is a need for trustless systems in the ecosystem. Business in the blockchain space is moving back to safe entities, Morehead added. дальше »
2022-12-23 14:42 | |
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Incoming House Financial Services Committee chair reintroduces bill on crypto
The bill will make it easier to bring products to market without being subjected to “burdensome regulation.” Rep. McHenry penned a letter to Treasury secretary Janet Yellen last week, seekiThe post Incoming House Financial Services Committee chair reintroduces bill on crypto appeared first on AMBCrypto. дальше »
2022-12-20 19:00 | |
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Grayscale will repurchase 20% of shares if ETF conversion fails, CEO promises
Grayscale Investments’ CEO Michael Sonnenshein announced that the company might consider “a tender offer” for GBTC if it will not be able to convert its trust to an ETF. In his end-of-year letter to investors, Sonnenshein suggested that “such tender… дальше »
2022-12-20 20:52 | |
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United States: Incoming lawmakers move to delay key legislation to tax crypto
U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections heldThe post United States: Incoming lawmakers move to delay key legislation to tax crypto appeared first on AMBCrypto. дальше »
2022-12-16 11:58 | |
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Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law. дальше »
2022-12-16 00:54 | |
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DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition
ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain. The post DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition appeared first on CryptoSlate. дальше »
2022-12-15 01:39 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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US lawmakers question private firms’ role in development of a CBDC
United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. дальше »
2022-12-2 14:47 | |
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US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter. дальше »
2022-11-24 22:11 | |
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Sam Bankman-Fried says he is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO describes his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.” дальше »
2022-11-24 20:15 | |
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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders
The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto. дальше »
2022-11-23 20:00 | |
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SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’
Former FTX CEO Sam Bankman-Fried (SBF) recently sent a letter to company employees. In addition to the usual string of apologies, he said that there might be a chance to save the company. The post SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’ appeared first on BeInCrypto. дальше »
2022-11-23 09:12 | |
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Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary
Digital Currency Group (DCG) currently has $2 billion worth of loans according to a letter sent to shareholders today. DCG Outlines Lending Situation In a shareholder letter sent to investors... дальше »
2022-11-23 02:30 | |
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FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. дальше »
2022-11-20 06:22 | |
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Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come
In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX fiasco does not spell doom for the crypto industry, as critics like Peter Schiff and Nassim Taleb recently did. дальше »
2022-11-19 16:04 | |
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US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. дальше »
2022-11-18 00:45 | |
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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 | |
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Pantera Capital reflects on FTX situation and importance of DeFi in latest Blockchain Letter update
Pantera Capital CEO, Dan Morehead, posted a tweet late last night addressing the fallout of the ongoing FTX situation and how it highlights the importance of what Pantera is building. The post Pantera Capital reflects on FTX situation and importance of DeFi in latest Blockchain Letter update appeared first on CryptoSlate. дальше »
2022-11-13 00:00 | |
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FTX’s ‘Future Fund’ team, cites ‘deceit and dishonesty’
FTX 'future team', in a recent letter, revealed that they would be parting ways with FTX rooting the action to the dishonesty in the firm. This came just after the firms head of institutional sales also resigned. дальше »
2022-11-11 12:12 | |
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Changpeng Zhao: FTX crisis is not a victory for Binance
The head of Binance, Changpeng Zhao, published a letter to the employees of the bitcoin exchange, in which he commented on the FTX crisis and urged them to refrain from trading utility tokens of FTT’s competitor. дальше »
2022-11-10 23:10 | |
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Coinbase Reports Higher-Than-Anticipated User Counts Despite Declining Third-Quarter Revenue
The release of the company’s shareholder letter for the third quarter of 2022 was announced today by Coinbase Global, Inc. (the “Company” or “Coinbase”). According to the report, $COIN filed a net loss of $545 Million. The shareholder’s letter claims… дальше »
2022-11-5 18:00 | |
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Dapper Labs Lays-off Employees as NFT and Crypto Market Tumble
After past reports that Dapper Labs was silently cutting down its staff, the network just today sent a public letter to employees announcing the reduction of its workforce by 22%. Dapper Labs cited the company’s health as the main driver… дальше »
2022-11-3 20:00 | |
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Shareholder wants Meta to Reduce Funding on their Metaverse Projects
Brad Gerstner, the CEO of Altimeter, has written an open letter to Mark Zuckerberg proposing the reduction of the investment pumped into the metaverse reality lab projects. дальше »
2022-10-25 13:01 | |
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