The cryptocurrency-focused US lender Silvergate is to wind down its operations after it was hit by buyer withdrawals following the collapse of crypto alternate FTX.The California-based financial institution had warned final week it...
It has been 21 days since Paxos revealed that it could not mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Previous to the announcement, BUSD was as...
“Look, I screwed up,” the fallen crypto billionaire Sam Bankman-Fried instructed a convention in New York on Wednesday, however he maintained he “didn’t ever attempt to commit fraud” and was “shocked” by the...
In a stinging courtroom submitting posted on Thursday John Ray III, the brand new boss of the bankrupt crypto alternate FTX, mentioned the corporate had suffered an “unprecedented and full failure of company...
