Less than half of non-U.S. customers of bankrupt cryptocurrency lending firm BlockFi have come forward to claim their assets back with a May 15 deadline looming, the lender said in a blogpost on Wednesday. BlockFi filed for bankruptcy in November of 2022 as contagion from the collapse of FTX spread through the crypto industry. The […]
Circle, the U.S.-based stablecoin issuer, is going public. The firm filed an S-1 form with the Securities and Exchange Commission (SEC) on Tuesday. If approved, the company’s stock will be trading on the New York Stock Exchange under the symbol “CRCL.” The company said its reserve income from managing its stablecoin-related reserves was $1.7 billion […]
Bitcoin (BTC) was inching towards 85,000 during European trading hours on Tuesday as traders largely await the impact of U.S. tariffs slated for Wednesday. Dogecoin (DOGE) and Cardano (ADA) rose over 7% to lead muted gains among majors, with ether (ETH), XRP, Solana’s SOL and BNB Chain’s BNB were up nearly 5%. Overall market capitalization […]
In all likelihood, the move by the Sei Foundation – the organization behind layer1 blockchain Sei – to buy bankrupt genetic data company 23andMe is a long-shot at best, and potentially just a publicity stunt. But, it remains an incredibly exciting idea that has got a lot of people thinking. Were such a deal to […]
CoinShares’ Valkyrie Bitcoin Mining (WGMI) exchange-traded fund (ETF) is the worst-performing ETF of 2025, down 43% year-to-date, according to Senior Bloomberg ETF analyst Eric Balchunas. The ETF is made up of several publicly traded bitcoin (BTC) miners. IREN (IREN) is the largest holding at 15%, which is down 42%. Core Scientific (CORZ) follows with a […]
Bitcoin is making its way from trading desks to corporate treasuries, and by the end of the decade, it could be standard practice, according to one analyst. “Across all the different strategies and implementations, I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a […]
Bitcoin mining company MARA Holdings (MARA) is launching a fresh $2 billion stock offering to buy more bitcoin, continuing its plan of buying BTC in the open market through capital raise while sticking to its “Hodl” strategy. According to a Form 8-K and a new prospectus filed with the U.S. Securities and Exchange Commission (SEC), […]
Terraform Labs, the firm behind the collapsed Luna token and the TerraUSD stablecoin, will open a portal on March 31 to allow investors to file claims for crypto losses tied to the company’s downfall and subsequent bankruptcy. The online system, operated by claims administrator Kroll, is part of the company’s court-supervised wind-down process. Investors have […]
Arthur Hayes, the former CEO of crypto exchange BitMEX, has been granted a pardon by U.S. President Donald Trump, a White House official confirmed Friday. Trump also pardoned Hayes’ co-founders at BitMEX, Samuel Reed and Benjamin Delo, as well as senior employee Greg Dwyer and BitMEX’s operating entity, HDR Global Trading, a BitMEX spokesperson said. […]
Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week. Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 hours. The broad-market benchmark CoinDesk 20 Index declined 5.7%, with native cryptos […]
One cold February morning in 2014, Kolin Burges stood outside Mt. Gox’s Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange’s CEO, Mark Karpeles, about his missing tokens. Eleven years later, the iconic sign, emblematic of crypto’s first major financial scandal, is being auctioned on Scare.City with a reserve price […]
The Sei Foundation, the nonprofit development organization behind the layer-1 blockchain Sei (SEI), is exploring the acquisition of bankrupt personal genomics company 23andMe and putting the genetic data of 15 million users on blockchain rails. The foundation announced the initiative in an X post on Thursday, calling the plan its “boldest DeSci bet yet” — […]