Platform Financial News

13.02 / 20:00

Blockchain UPS USDT Platform CEXs What can CEXs do to rebuild trust after the FTX crash?

The rapid collapse of FTX, once the world’s second-largest crypto exchange, followed by the collapse of Celsius, has undermined trust in centralized crypto services. The industry’s short history has shown that hacking attacks and fund misappropriation are the two leading causes behind centralized crypto exchanges (CEXs) crashing or losing clients.

13.02 / 19:56

UPS Platform coinbase Gemini Kraken Huobi Crypto Winter Gets Icier Just Days Into New Year

Less than a week into the New Year, the cryptocurrency winter is turning icier as job cuts mount, regulators turn up the heat and firms warn of losses--and there's little sign the tumult will ebb anytime soon.

13.02 / 19:54

UPS Ethereum ETH Provident Platform Bitcoin week Cryptocurrencies To Watch: Week of January 16

It's been a great week for the cryptocurrency market, with investors experiencing a significant boost that many feel has been a long time coming. Bitcoin surpassed the $21,000 mark, and nearly all tokens have posted substantial double-digit gains. Crypto's overall market capitalization exceeded $1 trillion again.

13.02 / 19:54

Provident FIVE CEO Platform Strategy Bakkt kills off consumer app

The firm is now putting all of its focus on providing businesses with crypto and loyalty experiences for their customers through SaaS and API offerings.In November, Bakkt struck a deal to buy Apex Crypto, a turnkey platform for integrated crypto trading which provides services to more than 30 signed fintech partners, serving more than five million customers.Gavin Michael, president and CEO, Bakkt, says: "As we continue to gain traction with our B2B2C strategy, we are laser focused on providing our partners and clients with seamless solutions that best serve their needs.

13.02 / 19:51

UPS CEO Platform DOJ Seeks Independent Examiner in FTX Fraud Allegations

The Department of Justice's Office of the U.S. Trustee filed a motion with the Delaware Bankruptcy Court seeking the appointment of an independent examiner to investigate potential wrongdoing in the collapse of crypto exchange FTX.

13.02 / 19:51

Binance Platform ICO Bitcoin week Cryptocurrencies To Watch: Week of December 5

Crypto market performance hasn't been particularly good over the last week, but it hasn't been too bad either. Bitcoin is currently above the $17,000 mark, and perhaps there is potential for it to hit $20,000 by the year's end.

13.02 / 19:48

Provident Target Digital Platform Action coinbase Gemini Silvergate Shares Plunge 45% After $8 Billion Crypto Run Is Revealed

Shares of Silvergate Capital Corp., a crypto-focused California bank, lost almost half their value after the Wall Street Journal reported it spent the equivalent of a decade's profit and fired 40% of its workers after investors scrambled to redeem $8.1 billion in the wake of crypto exchange FTX's collapse. Silvergate, based in La Jolla, slid 45% to $12.27 as of 12:20 p.m. New York time. It was the bank's biggest one-day decline since March 12, 2020.

13.02 / 19:17

Blockchain Ethereum Binance Platform Withdrawals Exploit Binance Halts Withdrawals Following An Exploit On Crypto Project Ankr

Binance, the largest crypto exchange by trading volume, paused withdrawals following an exploit on the crypto node project Ankr.

13.02 / 19:17

Ethereum ETH Provident Platform Racing Pool Lido Announces Upcoming Upgrade, Introduces New Staking Router

Procedure for staking liquid assets With the introduction of the impending Lido v2 update, Lido is planning to provide staking reward withdrawals in addition to improving the architecture of the staking process.

13.02 / 19:11

Blockchain Ethereum ETH Platform Lido retains its spot as the leading DeFi protocol, the reason isn’t surprising

With a 16.77% market share of the $47.2 billion worth of crypto assets locked on several decentralized finance (DeFi) protocols, Lido Finance (Lido) retains its spot as the leading project with the highest total value locked (TVL).

13.02 / 19:06

Lowe's Digital Career CEO Platform Gemini Crypto Lending Platforms Hit Hard as Contagion Spreads

The crypto lending industry, which handed borrowers billions of dollars in just the past few years, faces its biggest crisis yet as some of its leading firms implode.

13.02 / 19:06

UPS CEO Platform Fallout Gemini BlockFi Declares Bankruptcy As FTX Fallout Spreads

Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection on Monday along with eight affiliates as contagion from the collapse of cryptocurrency exchange FTX spreads across the industry.

13.02 / 19:06

UPS Target Cooper Aware CEO Platform Fried Sam NOT FTX Founder Sam Bankman-Fried Pleads Not Guilty, Trial in October

Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to criminal charges of fraud, conspiracy, campaign finance law violations, and money laundering in a New York federal court, setting up a legal battle with his former business partners.

13.02 / 19:02

UPS Provident Manufacturing Platform Expedia DexCom Stocks making the biggest premarket moves: Lyft, Expedia, Yelp and more

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13.02 / 19:00

Digital Platform coinbase Gemini Kraken Southern Bitcoin Crypto lender Genesis Crypto Lender Genesis Files for Bankruptcy as FTX Contagion Spreads

Genesis, a crypto lending platform owned by venture capital firm Digital Currency Group, joined crypto firm BlockFi in filing for bankruptcy, the latest crypto company to go belly-up amid allegations of fraud after the collapse of FTX late last year.

13.02 / 19:00

IPO NASDAQ JPMorgan Platform Fallout Nov IPOs Chinese IPOs are coming back to the U.S.

BEIJING — Chinese startups are raising millions of dollars in U.S. stock market listings again, after a dry spell in the once-hot market.

13.02 / 18:56

Blockchain UPS Provident Binance Platform Interface Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Because the tax season is just around the horizon for many nations, businesses in the cryptocurrency sector will need to be ready to assist their customers in complying with the requirements that are in place in those countries.

13.02 / 18:53

UPS FIVE Booking Platform hearing stake FTX Bankruptcy Hearing Shows Tom Brady, Ex-Wife's Stake Loss Could Be $70M

Tom Brady and Giselle Bundchen might be out $70 million.

13.02 / 18:48

Blockchain Digital SEC Platform Action Gemini Kraken Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation

Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $30 million fine to settle an enforcement action alleging it sold unregistered securities, the Securities and Exchange Commission said Thursday.

13.02 / 18:44

Platform Fried Sam Extradition NOT Sam Bankman-Fried Has Not Yet Agreed to Extradition to the U.S.

Sam Bankman-Fried, who is currently being held in a Bahamian jail after the collapse of FTX, will not decide whether to consent to extradition until he has read the indictment in Manhattan federal court, according to his lawyer, who appeared with him in a Bahamian court.

13.02 / 18:41

UPS Dash litecoin Platform LTC Huobi week Cryptocurrencies To Watch: Week of November 28

The past week has been another tough one for the crypto market, with no signs of a break above current levels in sight. The FTX collapse continues to dominate headlines, and its effects may not subside for some time.

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