The filing for protection against creditors, under Chapter 11 of the US Bankruptcy Code, of Genesis Global Capital (or just Genesis, as it is commonly known), a crypto lending platform, has been filed in a US court. The company owes $3.4 billion (3.14 billion euros) to the 50 largest creditors, according to Reuters calculations based … Read more
After the crypto “winter,” spring may be on the way, at least for the top-rated virtual currencies. Optimism dominates the tone of analysis by experts when the topic is predictions about the development of Bitcoin and Ethereum prices during this year. However, already looking at the remaining cryptocurrencies and the future of mining, there … Read more
The US Attorney’s Office charged an investor with market fraud and market manipulation. Avraham Eisenberg is accused of stealing $110 million from decentralized crypto platform Mango. One of the most important pieces of evidence for the charge is written testimony from FBI Special Agent Brandon Rackes, which alleges that Eisenberg “knowingly and knowingly” manipulated cryptocurrency … Read more
Nine out of ten central banks intend to launch self-issuing digital currencies (MDBCs), according to data from the Bank for International Payments. These virtual assets are not cryptocurrencies, not least because they can be maintained outside of the blockchain. China, India, or the Eurozone are some of the economies that are at the forefront of … Read more
After the crypto “winter,” spring may be on the way, at least for the top-rated virtual currencies. Optimism dominates the tone of analysis by specialists when the subject is predictions about the development of Bitcoin and Ethereum prices during this year. However, already looking at the remaining cryptocurrencies and the future of mining, there are … Read more