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Could the Bankrupt Mr. Ray FTX Exchange Make a Comeback? New CEO’s Bold Claim
CEO of FTX exchange, John Ray, showed a willingness to revive the exchange even though it was declared bankrupt. His group has formed to unearth ways to restore FTX and he spoke to the Journal on Thursday about their options.... -
Top Australian Bank to Mint Stablecoin for International Payments
The National Bank of Australia (NAB), a prominent financial institution in Australia, has announced that it would launch a stablecoin pegged to the country’s fiat currency. Faster, More Reliable Cross-Border Payments In an announcement shared earlier this week with the... -
3AC Founders Zhu and Davies To Launch New Cryptocurrency Exchange With $25M Funding
Su Zhu and Kyle Davies, the creators of the crashed 3AC hedge fund, intend to launch a new crypto exchange to participate in the rising cryptocurrency market. This has raised concerns among the crypto community as they both are the... -
CoinDesk’s Recent Struggles Open Up Important Questions About Journalism and Crypto
CoinDesk, a cryptocurrency-focused online database, is facing questions regarding the operations and financial stability of a few of CoinDesk's subsidiaries. It is worth recalling that CoinDesk is the organization that broke the story that prompted FTX to declare bankruptcy. https://twitter.com/VivalaCoinBTC/status/1615347160815476742?s=20&t=Ty1JwBWNUYBNx95dbkPjOg... -
Microsoft Also Announces Mass Layoffs as Tech Giants Battle Slowdown
Yesterday, Microsoft (NYSE: MSFT) announced mass layoffs and said that it would eliminate around 10,000 positions. It joins fellow tech companies which have announced mass layoffs over the last few months. In a letter to employees, Microsoft CEO Satya Nadella... -
HashKey Capital Announces $500 Million Raise for Crypto & Blockchain Fund
HashKey Capital, a cryptocurrency-focused asset management firm, is kicking off 2023 with a massive capital raise as it looks to bolster the adoption of blockchain technology and Web3 across the globe. Pushing the boundaries of Crypto & Blockchain Earlier this... -
Shiba inu Developers Share Update on Upcoming Shibarium Launch
Following its meteoric rise in the crypto market, Shiba inu is looking to bring in more functionality. To that end, its developers have begun to tease the launch of its layer-2 network. Taking the Shiba Ecosystem to New Heights Earlier... -
House Republicans Move to Establish Subcommittee on Crypto Regulation
Following their takeover of the House of Representatives last week, Congressional Republicans are now looking to address the issue of cryptocurrency regulation directly, and their first step is establishing a subcommittee on the issue. Providing Rules for a Growing Space ... -
Is Sam Bankman-Fried The New Crypto King? Brett Harrison Investigates
According to Brett Harrison, the relationship between him and Sam Bankman-Fried began to deteriorate six months after his work at the company. It is worth noting that the former president of FTX US, Brett Harrison, has demonstrated his willingness, to... -
Alphabet Too Lays Off Employees as Stockholders Get Restive
Tech layoffs have mounted over the last six months and even the Big Tech companies are not unaffected. Alphabet (NYSE: GOOG) has also laid off some employees from its new businesses. Alphabet has reportedly laid off employees at Intrinsic, its...
