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Following Zhao’s news, pressure on major cryptocurrencies increased, resulting in the overall crypto market cap falling below $1.4 trillion on Wednesday. However, on Thursday’s trade, the crypto market cap bounced back and surged nearly 3% to $ 1.42 trillion.
“Silvergate continues to focus on implementing the Bank Liquidation,” it said in a statement on Wednesday.
There’s a lot of churn happening in the startup ecosystem. Data sourced from market research firm PrivateCircle Research showed that as many as 3.6 lakh employees across India’s 111 unicorn startups left their jobs during the September 2022-July 2023 period.
Genesis in the lawsuit said up to 230,000 users in the two companies’ “Earn” investing program withdrew more than half of billion dollars from the crypto lending platform in the 90 days before it filed for bankruptcy in January.
Celsius declined to comment on Tuesday. The SEC did not immediately respond to a request for comment.
Richard Teng, a Singaporean businessman and former regulator, has been announced as the new CEO of Binance, the world’s largest cryptocurrency exchange. Teng brings extensive experience in the financial industry and the crypto space. He previously held senior positions at the Monetary Authority of Singapore and the Singapore Exchange. Teng later became the CEO of …
The first phase of the project will cover 100 acres and bring major finance-related companies working largely in one or more fintech areas of digital lending, payments, blockchain, insurance technology and digital wealth management under one roof.
“To start with, we have opened this up for various roles in our engineering team. While training them on the job, during the course of this programme we help upskill them using learning and development programmes to bridge the gap in terms of what they missed out on,” Chitbhanu Nagri, Razorpay’s senior vice-president for people …
Razorpay offers ‘returnship’ for women on career break Read More »
“Macro factors, including a potential US Federal Reserve tapering cycle in 2024, are contributing to cryptocurrency tailwinds. Chart analysis suggests an ascending triangle with bullish growth, with a break above $38,000 potentially leading to a test of $40,000,” Sathvik said.
Worldcoin, also known as WLD, has since rallied 18% in 24 hours to retake the $2.40 level amid efforts by a group of OpenAI executives and investors to reinstate Altman as chief executive officer. The token has a market value of about $280 million, ranking it 157th in the crypto market, according to CoinGecko as …
Sam Altman’s Worldcoin token goes on a wild ride around OpenAI drama Read More »
