Tim Fries - Author for 24/7 Wall St.
Lastest Stories by Tim Fries
Genesis Global Markets reportedly is working with the investment bank Moelis & Company on potential solutions to its financial woes.
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Singaporean cryptocurrency exchange Bybit says its user base has grown 104% since last year.
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After a prolonged legal battle, Celsius Network won the ownership of over $4.2 billion worth of customer funds.
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Animoca Brands, one of the leading Web3 and blockchain investors, cut the fundraising target for its Web3 fund from $2 billion to $1 billion.
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Silvergate Capital was forced to offload assets at a substantial loss to cover $8 billion in withdrawals after its crypto deposits plunged 68% in the fourth quarter.
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A federal judge has ordered the seizure of more than $90 million held by FTX Digital Markets in its Silvergate accounts up until now.
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The SEC has filed a limited objection to Binance.US’s planned acquisition of the bankrupt Voyager Digital for $1 billion.
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The Federal Reserve, the FDIC and the Office of the Comptroller of the Currency have issued a joint statement on crypto-asset risks addressed to the banking organizations.
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Digital asset funds reportedly saw $433 million in inflows in 2022, the lowest in four years.
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The U.K.’s key crime-fighting agency is launching a specialized unit to tackle crypto scams in the country.
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From a potential “Ethereum killer,” Solana became one of the worst-performing assets in 2022.
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A DeFi whale reportedly lost over $3 million worth of GMX tokens following a phishing attack on January 3.
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The culprit for the sudden Solana resurgence appears to be its take on dog coins, the BONK token.
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As has been widely expected, Sam Bankman-Fried entered a “not guilty” plea in his first court appearance of 2023.
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The South Korean antitrust regulator fined Tesla over $2 million for failing to provide accurate information regarding its cars’ short driving capabilities in sub-zero temperatures.
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