Genesis files for bankruptcy; Cardano creator wants CoinDesk
The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he is…
Moonstone Bank to Exit Crypto Space
Moonstone Bank, a rural bank in the state of Washington that was given an estimated $11.5 million investment by Alameda Research, the sister firm of FTX, has…
BAYC Nets $20 Million, Blocks Zero-Royalty Platforms
The Alpha:On January 19, Yuga Labs launched Dookey Dash, an interactive minting experience playable until February 6.Users must have a Sewer…
SEC says Mango Markets attacker stole $116M, violated securities laws
The U.S. Securities and Exchange Commission (SEC) has charged Mango Markets attacker Avraham Eisenberg, according to a Jan. 20 press release.The regulator accused…
‘Nightmare’: collapse of leading crypto lender traps investors
David* is constantly lying to his mother. When she asks about the savings he is managing for her, he tells her not to worry. In reality, the $100,000 “nest…
DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on Jan. 20 commenting on the news that Genesis had filed for Chapter…
Bitcoin surpasses $22k as 20k BTC pulled off exchanges
Quick Take:Jan. 20 saw 20k BTC pulled from exchanges.
The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin.
Over $100 million has been…
Crypto Lender Genesis Chapter 11 Bankruptcy – Bitcoin Magazine
Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm…
Less than 10% of bitcoin mempool in use with prices above $21k
The bitcoin (BTC) mempool is underutilized at spot rates, a divergence from trending price action, per events on Jan. 20.
Less than 10% of bitcoin mempool is in use…
Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k
Investors betting against Bitcoin grew to some of the highest on record as markets welcomed the new year. Bears were seemingly in complete control of the price…