Month: January 2023

BlockFi Suffers $1.2B Loss After FTX Collapse, Leaked Financials Reveal

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•BlockFi’s financials have leaked, showing a $1.2 billion exposure to FTX and Alameda. •The leaked documents were released by mistake and contained more information than previously shown. •Poor management at FTX has negatively impacted BlockFi, and its financials show a connection of $415.9 million worth of assets linked to FTX and $831.3 million to Alameda. […]

Historia Bitcoin ETF

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Bitcoin ETF

Bitcoin ETF to skrót od “Bitcoin Exchange Traded Fund”. Jest to fundusz inwestycyjny, który jest notowany na giełdzie i oferuje inwestorom możliwość inwestowania w bitcoiny bez konieczności fizycznego posiadania kryptowaluty. Bitcoin ETF pozwala inwestorom na zarabianie na zmianach cen bitcoina bez konieczności fizycznego posiadania go. To nowy sposób inwestowania w bitcoina, który ma szereg zalet […]

FTX Finds $5.5 Billion in Liquid Assets, But Shortfall Still Looms

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• FTX and its advisors have found about $5.5 billion in liquid assets, including $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. • Despite the large sums discovered, customers may still not get fully reimbursed due to a substantial shortfall of assets. • The Debtors have identified an estimated […]

Crypto Winter Cuts Jobs Amid Falling Market, Binance Sees Opportunity

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• Fidelity Investments-backed crypto exchange OSL has announced plans to cut down its workforce in order to reduce overhead costs and stay afloat. • Other exchanges, such as Silvergate, Coinbase, ConsenSys, Huobi, Crypto.com, Wrye, Genesis and SuperRare, have also been reported to have downsized their staff. • Binance, however, has announced that it currently has […]

Josh Sell Joins N3twork Studios as COO to Develop Web3 RPGs

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• N3twork Studios, a blockchain game developer and publisher, has appointed former Tinder Chief Product Officer Josh Sell as its new Chief Operating Officer. • Sell’s new position will see him assisting N3twork Studio’s team in hastening the production of its future Web3 RPGs, Legendary. • In addition, he will play a role in the […]

Easy Co. Raises $14.2M for Social Web3 Wallet Launch

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• Easy Company raises $14.2 million in seed funding for the launch of their new social web3 wallet. • The funding will help bring their vision for a more interactive and user-friendly web3 wallet to market. • Easy has released blends of user-curated profiles with entertaining social discovery elements to aid users in navigating and […]