Bloomberg

Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High
Bloomberg reports that a judge involved in the Celsius bankruptcy case ordered the company to return $50 million worth of crypto to users of custody accounts. Plus, shares of...
Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High

Hedge Fund Fir Tree Sues Grayscale to Obtain Details Regarding GBTC: Bloomberg
Hedge Fund Fir Tree Sues Grayscale to Obtain Details Regarding GBTC: Bloomberg
According to Bloomberg, hedge fund Fir Tree is suing crypto investment firm Grayscale to investigate potential mismanagement of its flagship Grayscale Bitcoin Trust (GBTC). Th...
Hedge Fund Fir Tree Sues Grayscale to Obtain Details Regarding GBTC: Bloomberg

Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg
Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg
Genesis Global Trading's creditors have hired restructuring lawyers to help find a way prevent the crypto brokerage from having to file for bankruptcy, Bloomberg News reported...
Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg

CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Z...
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund

CoinFund President on FTX Contagion Fears
CoinFund President on FTX Contagion Fears
According to a Bloomberg report, Genesis Global Trading is in talks with potential investors for at least $1 billion in fresh capital. CoinFund President Chris Perkins discuss...
CoinFund President on FTX Contagion Fears

FTX Downfall Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
FTX Downfall Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
In the aftermath of crypto exchange FTX's fall from grace, U.S. Treasury Secretary Janet Yellen said the industry needs "very careful regulation," Bloomberg reported Saturday....
FTX Downfall Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report

Bitcoin Drops to 23-Month Low; Galaxy Digital Reveals $76.8M FTX Exposure
Bitcoin Drops to 23-Month Low; Galaxy Digital Reveals $76.8M FTX Exposure
Bitcoin (BTC) dropped to a new 23-month low as crypto traders processed the news that Binance might not buy rival FTX after all. Bloomberg reports U.S. securities and commodit...
Bitcoin Drops to 23-Month Low; Galaxy Digital Reveals $76.8M FTX Exposure

Kim Kardashian Likely to Win EthereumMax Investor Lawsuit: Report
Kim Kardashian Likely to Win EthereumMax Investor Lawsuit: Report
Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX) after a judge...
Kim Kardashian Likely to Win EthereumMax Investor Lawsuit: Report

Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product
Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product
Bitcoin is trending higher near $21,000 Friday after the U.S. October jobs report revealed 261,000 nonfarm payrolls were added in October, beating economists' forecasts. Finan...
Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product

Terra Co-Founder Do Kwon May Be in Europe: Bloomberg
Terra Co-Founder Do Kwon May Be in Europe: Bloomberg
South Korean prosecutors have indicated the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, according to Bloomberg. This comes as Kwon denied being on the run. "...
Terra Co-Founder Do Kwon May Be in Europe: Bloomberg