Bitcoin channel

2023-01-05 21:08:36 Crypto Lender Genesis Lays Off 30% More of Its Staff
https://www.coindesk.com/business/2023/01/05/crypto-lender-genesis-lays-off-30-more-of-its-staff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies. Open / Comment

2023-01-05 19:32:40 Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
https://www.coindesk.com/policy/2023/01/05/former-celsius-ceo-mashinsky-sued-by-new-york-state-for-defrauding-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in. Open / Comment

2023-01-05 19:31:44 Crypto Layoffs: Here's the Grim Count Since April
https://www.coindesk.com/business/2023/01/05/crypto-layoffs-heres-the-grim-count-since-april/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff. Open / Comment

2023-01-05 19:30:35 Blockchain Project TON Enters Crypto Storage Market
https://www.coindesk.com/business/2023/01/05/telegram-related-ton-foundation-enters-crypto-storage-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The foundation aims to solve large-scale data storage problems with its new project. Open / Comment

2023-01-05 17:14:26 Silvergate Shares Plunge 41% as Firm Cuts 200 Jobs, Writes Off Diem Asset Acquisition
https://www.coindesk.com/business/2023/01/05/silvergate-cuts-40-jobs-writes-off-diem-asset-acquisition/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto-focussed bank is writing off its acquisition of Diem's assets. Open / Comment

2023-01-05 17:12:56 Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
https://www.coindesk.com/business/2023/01/05/cowen-downgrades-coinbase-stock-citing-trading-volume-declines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX. Open / Comment

2023-01-05 17:11:06 Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
https://www.coindesk.com/policy/2023/01/05/mango-markets-exploiter-must-stay-detained-pending-trial-court-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Rico judge said Open / Comment

2023-01-05 16:33:17 For The U.S., Bitcoin Is A National Security Opportunity, Not A Threat
https://bitcoinmagazine.com/culture/bitcoin-is-national-security-for-u-s

Recognizing the importance of digital currency in its recent National Security Strategy, the White House should consider embracing a bitcoin standard. Open / Comment

2023-01-05 11:30:54 Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
https://www.coindesk.com/policy/2023/01/05/celsius-earn-assets-belong-to-bankrupt-crypto-lender-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate. Open / Comment

2023-01-05 11:29:54 Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
https://www.coindesk.com/policy/2023/01/05/ex-ftx-lawyer-cooperated-with-us-prosecutors-reuters-reports-citing-source-familiar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the source said. Open / Comment