How Did FTX Become the Opposite of What It Wanted to Be?
The FTX exchange, according to past testimony provided by its now disgraced founder and chief executive Sam Bankman-Fried, was initially designed as a way to merge both the crypto space…
After SEC warning, Binance exchange minted 50 million TrueUSD
The exchange Binance has recently been in the news for minting 50 million units of the TrueUSD stablecoin after the US Securities and Exchange Commission (SEC) ordered it to stop…
Gemini Exchange Engages in More Layoffs
The Gemini exchange, which is based in New York and run by Cameron and Tyler Winklevoss of “The Social Network” fame, is laying off another ten percent of its workforce…
El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga…
Genesis Is Next Crypto Firm to Go Bankrupt
Not long ago, Live reported that Genesis Global Capital – the lending division of the Digital Currency Group (DCG) – was preparing for bankruptcy. While it looked like the situation…
Crypto Twitter: exchanges have gone wild on the social network
Over the past few days, the crypto section of Twitter has seen massive sharing, including the case of Coinbase and Kraken exchanges, which have been ranting on the social network…
Crypto exchanges are going wild on Twitter
Over the past few days, the crypto section of Twitter has seen massive sharing, including the case of Coinbase and Kraken exchanges, which have been ranting on the social network…
New FTX CEO John Ray III Says Exchange Could Be Up and Running Again Soon
FTX may restart. That’s the crazy news for today, that one of the biggest crypto debacles could eventually turn itself around. The news has been greeted with positivity given that…
Binance Alleged to Have Had Ties to Bitzlato, a Now Defunct (Criminal) Exchange
Just yesterday, Live put out an article talking about a Russian crypto executive running an unlicensed money transmitting business. Known as Bitzlato, the crypto exchange was an unregistered trading platform…
Crypto Lending Firm Genesis Is All Set to File Bankruptcy
It’s happened again, folks. Another bankruptcy is in the crypto books. This time, the company that’s falling victim to alleged bankruptcy proceedings is Genesis, the crypto lending unit of the…