Polygon Labs, in a strategic move to enhance operational performance, announced a workforce reduction of 60 employees, accounting for a 19% cut. The decision, shared by CEO Marc Boiron, aims to maintain a lean and efficient team. Polygon Labs to Lay off 60 Employees in Bid to Return to Core Execution Qualities Polygon Labs has […]
Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’ Read More »
Self-DirectedGold IRAs are great as they allow you to place your money in the precious metals, without having to engage any middlemen. In fact, these accounts are so simple , even your grandmother could manage it! If you purchase physical gold, silver, platinum, palladium and rhodium coins, bars, rounds and bullion, you get immediate liquidity.
Top 5 ETF’s to BUY & HOLD FOREVER in ROTH IRA Read More »
OPNX Announces Cease of Operations Following Legal Repercussions OPNX, a platform renowned for its unique offering of trading bankruptcy claims alongside crypto exchange operations, has made the decision to cease all activities by February 14th. This announcement comes as co-founders Su Zhu and Kyle Davies grapple with the legal consequences resulting from the failure of
The End of OPNX: A Closure to the Journey of Zhu and Davies, Co-Founders of Three Arrows Read More »
Australian Dollar Withdrawal Requests The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26 million recovered. Australian investors with crypto-to-crypto withdrawal requests will have to
Australian Creditors of FTX Crypto Exchange Receive Boost in Money Recovery Read More »
Genesis Strikes $21 Million Deal With SEC to Resolve Lawsuit Genesis Global Holdco, a subsidiary of Digital Currency Group, has reached a $21 million settlement to resolve a lawsuit brought against it by the Securities and Exchange Commission (SEC). The lawsuit alleged that Genesis engaged in the unregistered offer and sale of securities through its
Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities Read More »
Overview The U.K. Metropolitan Police have made a significant breakthrough in the fight against cryptocurrency fraud, seizing over 61,000 bitcoins from a massive investment scam originating in China. This seizure stands as one of the largest cryptocurrency confiscations worldwide and highlights the global reach and impact of these fraudulent schemes. The Seizure During the trial
UK Police Seize 61,000 Bitcoins in Major Chinese Investment Fraud Read More »
Peter Schiff on the Fed Rate Cut and Inflation Economist Peter Schiff recently shared his insights on the U.S. economy, the Federal Reserve's policy, and the possibility of a rate cut in March. In a series of posts on social media platform X, Schiff expressed his thoughts on the matter. The Federal Reserve decided to
Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March Read More »
Stablecoin Market Capitalization Sees Significant Increase Recent data shows a notable rise in the combined market capitalization of leading stablecoins over the past month. The total market capitalization has increased from $131.71 billion to $136.56 billion, indicating a growth of approximately $4.85 billion. Tether (USDT) Approaching 100 Billion Tokens in Circulation Tether, the top stablecoin
The Growth of the Stablecoin Economy in January 2024 Read More »
Grayscale's Bitcoin Trust (GBTC) has seen a slowdown in its reduction of bitcoin holdings, while nine newly launched spot bitcoin exchange-traded funds (ETFs) have collectively acquired an impressive total of 160,661.38 bitcoin. GBTC Reduces Bitcoin Holdings While 9 ETFs Gain Ground Recent data shows that Grayscale's Bitcoin Trust (GBTC) has experienced a decrease in its
Grayscale Bitcoin Trust Reduces Holdings as New ETFs Acquire Over 160,000 BTC Read More »
Tether, the leading stablecoin issuer, has announced today that it possesses a robust balance sheet with ownership of over $2.8 billion in Bitcoin. This valuable information has been revealed following an audit conducted by BDO, a renowned auditing firm. The official auditor's report provides a comprehensive analysis of Tether's financial standing, including detailed information on
Tether’s Audit Report Reveals Over $2.8 Billion in Bitcoin Holdings Read More »