Search Results for: acquired

Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

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Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps…

Square Enix to Deepen Its Blockchain Efforts in 2023

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Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, director general de la empresa, the executive announced some of the moves Square Enix…

Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’

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Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. Además, the three users assert that all transactions “constituted unregistered sales of securities”…

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

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According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. El año pasado, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. el dic….

Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity

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Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general…

WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal

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According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of…

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

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According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-frito’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled…

Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon

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Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” y “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX,…

Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept

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The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDC) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say:…

Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Millón

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en noviembre. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 millón. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases…