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Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
Quantfury CEO Ali Pourdad discusses the potential factors driving bitcoin (BTC)'s price below $21,000 and the impact of Genesis Global Capital laying the groundwork for a bankruptcy filing, according to published reports. DCG is the parent company of CoinDesk and Genesis.
Sam Bankman-Fried Again Defends FTX US, Saying It 'Was and Is Solvent'
In a new Substack post on Tuesday, former FTX CEO Sam Bankman-Fried reiterated his claims that FTX US "was and is solvent." "The Hash" panel discusses the latest from the fallen crypto entrepreneur who faces trial on fraud charges.
ConsenSys Confirms Layoffs Amid 'Uncertain Market Conditions'
Ethereum development company ConsenSys will be cutting 97 jobs, said CEO Joe Lubin in a blog post on Wednesday, confirming, for the most part, a report by CoinDesk last week. "The Hash" panel discusses the move as Lubin said it was a "difficult decision to streamline some of ConsenSys' teams to adjust to challenging and uncertain market conditions."
Coinbase to Halt Operations in Japan as Crypto Winter Drags On
Cryptocurrency exchange Coinbase (COIN) said it is halting its operations in Japan, citing "market conditions" and confirming earlier reports that it would close shop in the country. Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange. Fiat deposits will be halted on Friday. "The Hash" panel discusses the latest from Coinbase and the implications for the Japanese crypto market.
Bitzlato Founder Arrested, US Department of Justice Says
The U.S. Justice Department and Treasury Department have targeted Bitzlato Limited, a Hong Kong-registered cryptocurrency exchange, with accusations of money laundering. According to the Department of Justice, Bitzlato founder Anatoly Legkodymov was arrested in Miami and is slated to be arraigned in the U.S. District Court for the Southern District of Florida on Wednesday afternoon.
Anthony Scaramucci Reacts to DCG Suspending Dividends
Skybridge Capital Founder Anthony Scaramucci discusses his take on cryptocurrency conglomerate Digital Currency Group (DCG), informing its shareholders that the firm is suspending dividends until further notice. DCG is the parent company of CoinDesk.
Anthony Scaramucci on Backing Former FTX.US President's New Venture
Anthony Scaramucci, founder of Skybridge Capital and the SALT conference, discusses why he's investing his personal funds in a firm set up by former FTX.US president Brett Harrison. "This is from my personal money into Brett Harrison's business," The Mooch said. "I think he got blindsided by FTX international situation."
Anthony Scaramucci on the Rise and Fall of FTX's Sam Bankman-Fried
SALT Founder and Chairman Anthony Scaramucci discusses his relationship with Sam Bankman-Fried and recovering from the collapse of FTX. Plus, why the crypto industry should learn from history repeating itself.
Crypto Adoption and Opportunities in South Africa
Standard Bank Group Head of the Blockchain Centre of Excellence Ian Putter discusses crypto adoption inside South Africa, particularly after the fall of FTX.
Why Ripple Is 'Rapidly' Building Outside the US: Ripple SVP
Ripple's SVP of Global Customer Success, and Managing Director for APAC and MENA, Brooks Entwistle, discusses the company's plans in 2023, emphasizing its growth outside of the U.S. Plus, he shares Ripple's approach to partnering with central banks around the world to develop CBDCs.