Search Results for: response

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner

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While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may…

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

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According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) charging a subsidiary firm of DCG,…

El ex presidente de FTX US comparte su experiencia y relación con el director ejecutivo Sam Bankman-Fried en un hilo detallado de Twitter

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El ex presidente de FTX US, Brett Harrison, publicó un hilo de Twitter de 49 partes explicando por qué dejó la empresa y su relación con el cofundador Sam Bankman-Fried. (SBF) de FTX. Antes de su puesto en FTX US, Harrison trabajó con SBF en Jane…

Los despidos de Huobi generan controversia y especulación, Justin Sun afirma que todo está bien

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El intercambio de criptomonedas Huobi está despidiendo 20% de sus empleados, según múltiples informes en los últimos dos días. Sin embargo, Huobi’asesor de Justin Sun, el fundador de tron, told the South China Morning Post that the layoff reports were untrue….

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

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Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter,…

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”…

SHIB Community Members and Countdown Clock Hint Shibarium Launch Is Imminent

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According to a myriad of social media posts, the meme crypto project Shiba Inu is planning to launch the highly anticipated Shibarium, a layer two (L2) project that was supposed to launch this year in the third quarter. Shiba Inu supporters…

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Donated Over $1 Billion to Support Democrats

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Tesla CEO and Twitter chief Elon Musk says that former FTX CEO Sam Bankman-Fried (SBF) probably donated over $1 billion to support the Democratic Party, which would be a much larger sum than the number publicly disclosed. Many people slammed Musk…

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

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Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto…