Live from CES 2023 in Las Vegas, the software development company is standing firm on why crypto’s future will be based on self-custody following the implosion of FTX.
Binance joins association to address compliance with global sanctions
The crypto exchange has come under scrutiny from policymakers amid multilateral sanctions on Russia and U.S. sanctions on Iran.
U.S. Adds Better Than Expected 223K Jobs in December, Unemployment Rate Falls to 3.5%
The jobs market remained strong/began to show signs of weakening to close out 2022.
JPMorgan Downgrades Silvergate Capital After 4Q Results, Shares Slump
The Wall Street bank cut the stock to “neutral” from “overweight” and slashed its price target to $14 from $30.
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
The FTX founder and former CEO says he needs the money to pay his legal fees, despite rival claims by the company and by crypto lender BlockFi.
How AI Could Solve the Metaverse’s Language Problem
Onemeta AI Could Solve a Metaverse Problem: Real-Time Translation.
Crypto Conglomerate DCG Closes Wealth-Management Business: The Information
Microsoft Exec Says Metaverse Is Must-Have
Live from CES 2023 in Las Vegas, Nevada, the tech giant is looking to transform the customer experience and believes the future will be based on a hybrid model.
Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role.
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate’s Woes
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition.
CME Crypto Trading Volume Slumped to 2-Year Low in December
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines.
Crypto Lender Genesis Lays Off 30% More of Its Staff
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies.
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
Silvergate today announced it was cutting down 40% of staff, amid major outflows from its platform.
Crypto Lender Vauld Seeks to End Nexo’s Purchase Agreement After Rejecting Revised Offer
Cryptocurrency lender Vauld has rejected Nexo’s revised acquisition proposal and is seeking to terminate the negotiation between the two firms.
Crypto Layoffs: Here’s the Grim Count Since April
As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
Crypto Infrastructure Firm Securrency Hires State Street’s Nadine Chakar as CEO
Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street’s head of digital Nadine Chakar as its new CEO.
Telegram-Related TON Foundation Enters Crypto Storage Market
The foundation aims to solve large-scale data storage problems with its new project.
Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX.
Silvergate Cuts 40% Jobs, Writes Off Diem Asset Acquisition
The crypto-focussed bank is writing off its acquisition of Diem’s assets.
Crypto Bank Juno Tells Customers to Self-Custody or Sell Amid Custodian Wyre’s Turmoil
Juno’s current custodian, Wyre, will liquidate in January.