Etiket: Market Wrap

Top assets in the crypto market slid around 1%.

Archblock's plan comes at a precarious time, with undercollateralized lending protocols grappling with loan defaults across the board.

Top cryptocurrencies lost earlier gains after the Federal Reserve signals interest rates to keep rising well into 2023.

But prices rose on U.S. inflation data that was more favorable than expected.

The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high.

The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse.

The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen in value by nearly 75% this year.

Orthogonal Trading received a default notice, while crypto leader Nexo decided to depart from the U.S. after regulatory discussions hit a “dead end.”

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.