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Blockchain.com downsizes by 25% after 3AC collapse

Blockchain.com downsizes by 25% after 3AC collapse

Blockchain.com got caught up in the Three Arrows Capital fallout and downsized by 25%. The company closed its office in Argentina, and let 150 people go in total.

Zeynep Geylan 2 min read 4 years ago

BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized

BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized

BlockFi's quarterly transparency report revealed the company has $1.8 billion in outstanding loans to clients and that it was able to return at least 50% of the total amounts due to clients in less than 7 days.

3 min read 4 years ago

How will the “Everything Bubble” bursting impact crypto?

Macro BTC +1.06%

How will the “Everything Bubble” bursting impact crypto?

Gaurav Dubey, the CEO of TDeFi, says a cataclysmic economic meltdown could be good for cryptocurrencies.

6 min read 4 years ago

Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2

Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2

Bitcoin's 59% decline during the second quarter resulted in significant losses for Tesla, MicroStrategy and Block based on their previous holdings disclosure.

2 min read 4 years ago

Research: How MVRV-Z Score has been a reliable Bitcoin top and bottom indicator

Research: How MVRV-Z Score has been a reliable Bitcoin top and bottom indicator

The ratio between an asset’s market cap and realized cap, the MVRV-Z Score has historically been used to mark tops and bottoms in Bitcoin market cycles with impressive reliability

3 min read 4 years ago

Coinbase denies listing securities, says SEC should provide regulatory framework

Exchanges RLY -1.00%

Coinbase denies listing securities, says SEC should provide regulatory framework

The SEC has been accused of using enforcement actions to bring all digital assets into its jurisdiction.

3 min read 4 years ago

How this NFT whale lost $150K to a ‘joke’

NFTs ETH +0.32%

How this NFT whale lost $150K to a ‘joke’

Franklin admits there is a "0% chance" he would get back his funds as some crypto community members troll him for his loss.

3 min read 4 years ago

Polygon launches Nightfall to provide enterprise solutions via ZKP tech

Layer-2 MATIC +2.76%

Polygon launches Nightfall to provide enterprise solutions via ZKP tech

Polygon's Head of Enterprise Antoni Martin introduced Nightfall, Polygon's new scalability solution with enhanced privacy.

3 min read 4 years ago

India’s finance minister says punitive crypto taxes will remain in force

India’s finance minister says punitive crypto taxes will remain in force

Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.

2 min read 4 years ago

Global Bitcoin mining ‘one of the most sustainable industries globally,’ BTC Mining Council claims

Global Bitcoin mining ‘one of the most sustainable industries globally,’ BTC Mining Council claims

Based on a Q2 2022 BMC survey, the efficiency of miners has increased by 46% year-on-year and by 5,814% compared to 8 years ago.

2 min read 4 years ago