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Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says

May 8, 2025 by admin

The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.

Categories Financial Tags Dcg, Genesis, Plan Leave a comment

St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum

May 8, 2025 by admin

The first tier of customers will be wealth-management clients; retail customers are next in line, and other coins and staking services are planned, said SEBA Bank’s Christian Bieri.

Categories Financial Tags Bank, Crypto, With Leave a comment

Bitcoin Put Options, Which Offer Downside Protection, Look Unusually Cheap. Will the Situation Last?

May 8, 2025 by admin

Historically, puts have seldom traded at cheaper valuations for a prolonged period.

Categories Financial Tags Mark, Price, Put Leave a comment

Crypto at the Center of $300M Fraud Case in China

May 8, 2025 by admin

21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.

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A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High

May 8, 2025 by admin

The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.

Categories Financial Tags Bankman-Fried, Ftx, Money, Token, Was Leave a comment

Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument

May 8, 2025 by admin

The alleged fraudster appeared on the verge of tears as his defense wrapped.

Categories Financial Tags Fried Leave a comment

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

May 8, 2025 by admin

The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.

Categories Financial Tags Contract, Event, Kalshi, Market, U.s. Leave a comment

Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises $5M

May 8, 2025 by admin

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

Categories Financial Leave a comment

Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally

May 8, 2025 by admin

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

Categories Financial Tags Fed, High, Market, Over Leave a comment

Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens

May 8, 2025 by admin

FTX-related wallets unstaked and transferred millions of tokens to exchanges, which could exert some selling pressure for the asset, one observer said.

Categories Financial Tags Crypto, Ftx, Market, Over Leave a comment
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