Since FTX filed for bankruptcy, there has been a power tussle between the exchange’s current leadership and the liquidators appointed by the Supreme Court of the Bahamas.
Cameron also blamed Silbert for the entire financial headwinds, saying that DCG owed Genesis $1.675 billion, and it is the money that Genesis owes Gemini clients.
The leading investor is Andreessen Horowitz, a private American venture capital firm that invests in seed, start-ups, early, mid-stage, growth, and late-stage. Earlier, a16z already invested in SpaceX, along with such companies as Founders Fund, Sequoia, Gigafund, and others.
Even as Tesla had great results in production and deliveries in 2022, the company missed analysts’ expectations in its Q4 numbers.
India proposed a draft on Monday to ensure due diligence and allow its online gaming industry to regulate itself.
As the year winds down and we anticipate 2023, Coinspeaker has put together a recap of some of the most newsworthy events of 2022.
FTX Japan has created systems to refund crypto assets to customers after suspending withdrawals in the previous month.
MicroStrategy saw its shares plummet to their lowest level for more than two years after a recent BTC filing.
The European stocks have experienced more headwinds in the past few months after the Kremlin imposed an indefinite oil cut-off to Eurozone countries.
Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.
Baidu believes that its Robotaxis should eventually cost half of the cost incurred in a commercial car with a driver.
Going into 2023 analysts are expecting a further slowdown in Amazon’s retail sales growth and cloud computing business growth.
The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back.
As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans.
Traditional automaker Ferrari surprisingly came out at the top of auto stocks for 2022, beating out EV companies.