Apart from cutting its workforce, Blockchain.com is also lowering its institutional lending operations.
Didi has responded to the fine penalty. The company said in an online statement that it accepts the regulator’s decision.
In the company’s letter to investors, Tesla executives stated that the company sold 75% of its Bitcoin holdings, adding $936 million in cash to its balance sheet.
Bankman-Fried has assured that they will keep growing with new staff just as they did in the better market days.
Tesla’s recent Q2 report reveals that the EV company sold $936 million in Bitcoin to help with COVID-triggered liquidity concerns.
Despite seeing its highest vehicle production month in history, Tesla also saw its automotive gross margin fall for the first time in a long while.
Starting from 2023, the toys will be available under the Matchbox brand. In addition, Mattel is planning to debut the toys as collectibles on Mattel Creations, its elevated collector and direct-to-consumer platform.
The Bank of England is considering a 50 basis points rate hike next month which would be the single biggest increase in over 30 years.
French international banking group BNP Paribas is exploring crypto custody through a partnership with Swiss institutional digital asset custody firm Metaco.
Released Q2 Netflix results show that the company lost fewer subscribers than estimated amid plans to launch a cheaper ad-supported tier.
The lawsuit was to determine if Musk was under obligation to complete the deal or pay the breakup fee.
Valkyrie is looking to bridge the gap between an average user and the Web3.0.
Celsius has stated at a bankruptcy hearing that its mining outfit should be able to repay some creditors ahead of total reorganization.
Modular Capital is leveraging the crypto winter to invest in DeFi, NFTs, and other Web3 projects, and Multicoin wants to have a share in it.
Recent court documents of embattled crypto hedge fund 3AC show that the company owes $2.3 billion to Genesis Asia Pacific, one of the largest lenders.