January 20, 2023 Crypto markets hold steady in face of Genesis bankruptcy filing Crypto markets saw minimal volatility over the past 24 hours despite Digital Currency Group (DCG) subsidiary company Genesis Global Capital filing for Chapter 11…
January 20, 2023 The FAA grounded all US flights because contractors mistakenly deleted files The contractors working on the Federal Aviation Administration’s NOTAM system apparently deleted files by accident, leading to the delays and cancellations of thousands of…
January 20, 2023 Bitcoin cohorts shrimps and crabs hold over 4 million BTC Definition The Shrimp cohort is a general catch-all for retail-level investors holding < 1 BTC. Historically this entity cohort has consistently added to their…
January 20, 2023 $200m of spot BTC re-enters exchanges on Binance as Genesis news filters through Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take $200M of Bitcoin (BTC) went…
January 20, 2023 Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022 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…
January 20, 2023 Bungie offers displaced Stadia ‘Destiny 2’ players a free month of GeForce Now Now that Stadia is gone, Bungie is steering players toward NVIDIA’s GeForce Now. The developer has offered Destiny 2 users a free month on…
January 20, 2023 NFT sales topped 101 million in 2022: DappRadar report A recent report from DappRadar revealed that over the last year, NFT and gaming-centered decentralized applications rivaled DeFi DApps on many major blockchains. Over…
January 20, 2023 Gemini co-founder threatens lawsuit against DCG, Barry Silbert Gemini co-founder Cameron Winklevoss threatened a lawsuit against crypto conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert if they failed to make…
January 20, 2023 Cardano founder Charles Hoskinson confirms interest in CoinDesk acquisition Cardano (ADA) founder Charles Hoskinson confirmed interest in acquiring the crypto-focused media outlet CoinDesk on Jan. 19. Hoskinson said CoinDesk appeared to be overpriced…
January 20, 2023 Genesis owes over $3.5B to top 50 creditors, owes $765.9M to Gemini Earn users Genesis owes more than $3.5 billion to its top 50 creditors, according to its Chapter 11 bankruptcy filing. The filing shows that its biggest…