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Increasingly Advanced Cyber Threats: Cryptocurrency Market Expected to Suffer a $1.9 Billion Loss by 2023

Owen Patter2 years ago2 min read

The Decrease in Crypto Hacks Masks a Darker Reality In 2023, the cryptocurrency market saw a decrease in losses due to hacks, totaling $1.9 billion. However,…

Genesis Requests Approval from Bankruptcy Court for $1.4 Billion GBTC Share Sale

Wyatt Newson2 years ago3 min read

Genesis Global Capital Requests Permission to Sell Trust Assets Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has filed a motion with the U.S. Bankruptcy…

Genesis Files Request for Court Approval to Sell $1.4 Billion in GBTC Assets After SEC Settlement

Benito Cormi2 years ago2 min read

Genesis Global Capital Seeks Approval to Liquidate Crypto Trust Assets Genesis Global Capital, a bankrupt company, has submitted a petition to the bankruptcy court seeking permission…

FTX Files Motion for Fast-track Court Approval to Sell $1.4 Billion Anthropic Stake

Noah Rypton2 years ago2 min read

In a bid to reimburse creditors, bankrupt crypto exchange FTX is seeking court approval to sell its stake in AI firm Anthropic. FTX has filed a…

FTX Aims for Quick Sale of $1.4 Billion Anthropic Stake

Gapster Innes2 years ago2 min read

FTX Takes Steps to Liquidate Assets The bankrupt cryptocurrency exchange FTX is moving quickly to sell its stake in AI company Anthropic, which could be worth…

Genesis seeks approval from bankruptcy court for $1.4 billion GBTC shares sale

Theon Barrett2 years ago2 min read

Bankrupt Crypto Lender Genesis Global Capital Seeks Approval to Sell $1.6 Billion in Trust Assets Genesis Global Capital, a bankrupt crypto lender, has filed a motion…

Solana’s Stablecoin Processing Surpasses $300 Billion, Attracting Investors as a Rival to Shiba Inu

Noah Rypton2 years ago2 min read

Solana Hits $300 Billion Milestone in Stablecoin Transfer Volume Solana has achieved a significant milestone by surpassing $300 billion in stablecoin transfer volume within a month.…

Record-Breaking Surge of $2.85 Billion in Q4 2023 Propels Tether’s Profits to New Heights

Owen Patter2 years ago2 min read

Tether Reports Record-Breaking Profit Surge in Q4 2023 Stablecoin issuer Tether has announced a “record-breaking” net profit surge of $2.85 billion in the fourth quarter of…

Grayscale Witnessed a Mass Exodus of $6 Billion in Bitcoin Holdings in Just 22 Days

Benito Cormi2 years ago2 min read

Grayscale’s GBTC Reduces Bitcoin Holdings by Over 22% Grayscale’s Bitcoin Trust, GBTC, has recently sold 138,742.56 BTC, equivalent to over $6 billion, since January 12, 2024.…

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