San Francisco Financial News
13.12 / 18:45
Blockchain
Crypto hotspots continue to thrive despite FTX collapse
The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation.
06.12 / 14:17
FTX
SBF
Alameda
Former Alameda CEO Spent $10,000,000+ on Luxury Properties Months Before FTX Collapse – Did He Know What Was Happening?
As the collapse of major crypto exchange FTX and sister firm Alameda Research continues to generate controversy within the cryptosphere, Sam Trabucco, Alameda’s former co-CEO, reportedly went on a shopping spree shortly before the two companies’ implosion. Among others, he bought two luxury apartments in San Francisco and a yacht for an estimated $10 million.
02.12 / 18:07
UPS
BAY
Scientists find COVID pandemic-related stress has actually aged teenagers' brains
The COVID-19 pandemic has not only led to poorer mental health among teens - but it has also physically aged their brains.
30.11 / 18:07
Blockchain
Twitter
Oracle
Interface
Dusa, fully on-chain DeFi
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
29.11 / 12:37
cryptocurrency
Crypto Exchange
All about Bitfront, the crypto exchange platform that shut down
Bitfront, a US crypto exchange backed by Japanese social media firm Line Corp, said on November 29 that it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.
24.11 / 09:31
cryptocurrency
World News
Metaverse
FTX
accounting
First accounting firm with HQ in metaverse is sued over FTX meltdown
An accounting firm that touts itself as the first to open its headquarters in the metaverse was accused in a lawsuit of turning a blind eye to a pattern of racketeering at FTX, the cryptocurrency exchange that collapsed causing billions of dollars in losses.
18.11 / 10:31
IPO
coinbase
Wall Street wavers on Coinbase as investors lose confidence in crypto
A year ago, cryptocurrencies were roaring and Coinbase, considered the Charles Schwab of crypto exchanges, was fresh off an IPO that valued the firm at $85bn. Today, one market-based measure suggests that investors have doubts about whether the company can survive.
16.11 / 05:49
business
Investments
Venture Capital
FTX
Paradigm co-founder feels 'deep regret' investing in SBF and FTX
The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research, and Sam Bankman-Fried.
10.11 / 01:31
business
defi
lending
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 that it pushed to close Alameda Research’s dedicated borrower pool on Maple Finance in the second quarter of 2022 after identifying “key weaknesses” in its due diligence.
06.11 / 11:49
Dogecoin
Dogecoin price prediction
Doge
Weekend
PUMP
Dogecoin Price Prediction – DOGE Has Given Up Some Gains, Weekend Pump Incoming?
Dogecoin price prediction remains bullish above the $0.1200 level, which is being extended by 38.2% Fibonacci retracements. Since Elon Musk acquired control of Twitter a month ago, Dogecoin has been one of the top-performing cryptocurrencies.
04.11 / 14:09
Twitter
Court
elon
Elon Musk faces class-action suit over mass Twitter layoffs
Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk.
04.11 / 10:37
Dogecoin
Twitter
Doge
elon
Dogecoin Price Prediction – Elon Musk to Add DOGE Payments on Twitter?
Dogecoin price prediction remains bullish, especially above the 38.2% Fibonacci retracement level of $0.1200. Despite billionaire Elon Musk's strong support, Dogecoin failed to extend its previous four-day bullish rally and lost some ground.
02.11 / 21:03
business
Blockchain
Web3
Crypto executives discuss the emergence of Web 3.0 tech hubs around the world
Where are the top destinations for a career in crypto? For some, it’s traditional innovation hubs such as Miami or Silicon Valley. For others, it’s Singapore or Seoul. In addition, some would even argue that as long as you have a stable internet connection, irrespective of location, is sufficient for one to carve their own path in the realm of Web 3.0.
01.11 / 00:35
markets
Ethereum
Federal Reserve
Ethereum price hits $1.6K as markets expect the Fed to ease the pressure
A $250 surprise rally took place between Oct. 25 and Oct. 26, pushing the price of Ether (ETH) from $1,345 to $1,595. The movement caused $570 million in liquidations in Ether’s bearish bets at derivatives exchanges, which was the largest event in more than 12 months. Ether’s price also rallied above the $1,600 level, which was the highest price seen since Sept. 15.
31.10 / 05:13
business
Blockchain
Twitter
Tesla
62% of Dogecoin hodlers in profit amid hopes of Twitter integration
Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme token.
28.10 / 06:21
business
Twitter
Takeover
elon
Twitter’s top brass gutted as Elon Musk’s takeover begins
Elon Musk reportedly finalized his $44 billion takeover of social media platform Twitter on Oct. 27 and has started his tenure at the company by cleaning house at the upper executive level.
24.10 / 11:47
Digital
Platform
DNA
Anchorage unveils business-to-crypto integration platform
The service will allow fintechs to use APIs to expand outside the crypto industry by participating in markets, navigating crypto payment gateways, and launching financial products.
10.10 / 21:13
UPS
FIVE
Apple
Here's how uber-rich pass wealth to heirs tax-free when markets are down
A lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road.
08.10 / 13:03
Adoption
VISA
FTX
Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
Payments giant Visa and crypto exchange FTX have inked a partnership to allow crypto holders from 40 countries to spend their digital assets when shopping.
07.10 / 14:15
06.10 / 01:11
regulation
Department Of Justice
Congress
lawmakers
US lawmakers
US lawmakers request Justice Dept share CBDC assessment
Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten days.
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