Bear Market
BlackRock lost $24M in FTX collapse
BlackRock's CEO said the investment was small and not part of Blackrock's core business.
Zeynep Geylan 2 min read
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Bear Market
SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’
Watch Sam Bankman-Fried's first live interview at Dealbook Summit
Banking
SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle
The current financial conditions are challenging for all financial markets, including Bitcoin, according to SilverGate CEO Alan Lane
Latest Bear Market News & Analysis
Bear Market
Kraken to layoff 1,100 people to ‘adapt to current market conditions’
The U.S.-based crypto exchange announced it intends to lay off roughly 30% of its staff due to the turbulent market conditions.
Bankruptcy
Insights on Sam Bankman-Fried’s ‘dark’ Republican political donations
YouTuber Coffeezilla gives his take on a Tiffany Fong interview with Sam Bankman-Fried, in which he claimed to be a secret Republican donor.
Exchanges
Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil
Winklevoss owned Gemini shows assets, FIAT holdings, and reserves in new 'Trust Center'
Bear Market
Upbit’s parent company Dunamu sees profit drop 76% in Q3
Dunamu recorded sales of about $204 million, an operating profit of $125.5 million, and a net profit of $120 million in Q3.
Bankruptcy
Exchanges dismiss rumors of insolvency amid rampant speculation
Insolvency rumors concerning centralized exchanges like Binance, KuCoin, and Nexo persist following BlockFi's Chapter 11 bankruptcy filing on Nov. 28.
Bankruptcy
VP of AAX speaks out against handling of company bankruptcy decision
Ben Caselin confirmed his resignation from Hong Kong exchange, AAX, following disagreement with company decisions.
More Bear Market News Headlines
Bankruptcy
BlockFi becomes another victim of the FTX collapse with bankruptcy filing
Bear Market
BitBoy alleges O’Leary was key player in Celsius collapse along with FTX
Exchanges
LINE-founded cryptocurrency exchange BITFRONT announces closure
Regulation
