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…
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…
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…
FTX Hack Resulted in a Lot More Money Being Stolen
The panic surrounding FTX just got a lot bigger. As if the company doesn’t have enough problems to deal with, it is alleged that as much as $415 million in…
Russian Crypto Executive Anatoly Legkodymov Arrested in Miami
Russian national Anatoly Legkodymov – the founder of a China-based cryptocurrency exchange who was believed to have been living in China for the past several years – was recently arrested…
B of A: Coinbase Will Have a Tough Time in 2023
Despite a recent hike in its stock price, Coinbase is allegedly scheduled to underperform in 2023 according to a new report issued by Bank of America. The financial conglomerate says…
Bankrupt Voyager to Sell $1 Billion in Assets to Binance
Crypto broker Voyager – which was one of many crypto firms to enter bankruptcy proceedings in 2022 – has been given approval by a court to sell some of its…
Bitvavo Crypto Exchange Rejects 70% Repayment Plan from DCG
Bitvavo – a Dutch bitcoin exchange – has rejected a proposal from the Digital Currency Group (DGC) headed by Barry Silbert to repay approximately 70 percent of the debt owed…