After two months of suspending customer withdrawals, Genesis has eventually filed for bankruptcy. According to Genesis Global Capital, it expects that this bankruptcy process will enable Genesis to restructure its…
The US Securities and Exchange Commission (SEC) has charged crypto firms, Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail…
According to reports, Digital Currency Group (DCG), the self-described “epicenter of the bitcoin and blockchain industry” is under investigation by US authorities. The US authorities are federal prosecutors in Brooklyn…
Signature Bank, one of the most crypto-friendly banks in Wall Street considered a competitor to Silvergate Bank, has had its stock SBNY downgraded by Jefferies, the US investment banking company.…
In the wake of the recent collapse of crypto exchange FTX, crypto-focused bank Silvergate is left scrambling for liquidity after Silvergate’s customers withdrew digital deposits amounting to $8.1 billion during…
At the recently held P2P Conference, a blockchain conference organized by the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), some stakeholders in Nigeria's blockchain industry received recognition awards for…
While blockchain technology may mean different things to different people depending on its application, it is gradually transiting from just being a buzzword to becoming a technological innovation that innovators…
A new stablecoin is coming to town, EUROC. EUROC is backed 1:1 by the Euro. Although backed by the currency of the European Union, EUROC is from the US: Circle.…
Speaking at a TechCrunch program Tuesday, the Microsoft co-founder & billionaire described cryptocurrencies and NFTs as something that's "100% based on greater fool theory". This was Bill Gates's response to…
The rate of adoption of cryptocurrency among other digital assets in African countries remains on the high increase, despite the regulatory challenges, and the recent downturns the market has been…