An altcoin recently launched on crypto exchange Huobi has exploded exponentially since being listed. FTX Users’ Debt (FUD), based on Tron (TRX) and first listed on Huobi, aims to maintain its value with the...
More than $1.3 trillion has been wiped off the cryptocurrency market so far in 2022 as the fallout from the FTX collapse continues to weigh on investor confidence. CFOTO | Future Publishing | Getty...
Nevertheless, bitcoin is ahead by about $300 since the interview began, now trading at $23,300. Traditional markets are also reacting, with the Nasdaq up 1.5% and the S&P 500 by 1.1%; the 10-year Treasury...
As Bitcoin hovered around $38,000 last April—down 45% from its peak—Fidelity Investments announced its customers could soon add the digital asset to their retirement accounts through a first-of-its-kind offering. By the time the firm’s...
Decentralized finance (DeFi) veteran and Fantom (FTM) founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum’s (ETH) biggest rivals. In a new Medium post, the prolific...
The term sheet also involves refinancing the outstanding loans where DCG borrowed $500 million in cash and about $100 million worth of bitcoin (BTC) from Genesis, the person said. Included is “an equitization of...
Ray joined FTX on Nov. 11, 2022, and by the end of December had racked up $690,000 in hourly fees, he told Judge John Dorsey at the U.S. Bankruptcy Court in Delaware. He previously...
Despite a reduction in its fleet of mining machines and hash rate capacity, Bitcoin mining company Riot today reported it produced 740 BTC last month, its new all-time high. This is an increase of...
