A little over a week after hitting its previous record low discount to the price of Bitcoin. Grayscale’s Bitcoin Trust (GBTC) struck a new one. YCharts data shows that as of Friday morning, the Bitcoin-tracking investment vehicle was trading at a discount of 42.69%. Introduced in September 2013, GBTC is
Willemstad, Curaçao, 18th November, 2022, Chainwire To mark the FIFA World Cup 2022, online gaming platform BC.GAME is offering multi-million dollar prizes via its Coco’s Carnival portal. Crypto Casino BC.GAME is a major World Cup advocate thanks to its sponsorship of the Argentine Football Association. Throughout 2022, BC.GAME has
The FTX outbreak is rapidly increasing in scope. As reported by crypto venture capital company Multicoin Capital to its investors on November 17th, the FTX crash has caused the fund to fall by a startling 55% over the previous month. Multicoin thinks it has a chance of getting its money
Point To Business Services, the well-known B2B marketing solution provider, hosted the “FinTech India Summit (FiS) & Awards 2022” on November 17th and 18th at Crowne Plaza, Chennai. Notably, TheNewsCrypto is the official media partner for FiS 2022. Eminent government officials and leading experts from banks, insurance companies, and fintech
According to recent reports, Vauld, a major crypto lender in Asia, has funds locked in the defunct FTX cryptocurrency exchange. Vauld authorities have been trapped with almost no cash as a result of the continuing FTX problem. Despite the exposure being worth an estimated $10 million. Since it lacked its
A wave of layoffs at Metaplex, a Solana NFT protocol maker, was revealed on Thursday as the Web3 ecosystem continues to be affected by the outbreak brought on by the collapse of the cryptocurrency exchange FTX last week. Stephen Hess, co-founder, and CEO of Metaplex said today through Twitter that
Students, faculty, and technologists will explore solving problems in Web3, blockchain, cyber, climate, and AI MCLEAN, Va. & BEDFORD, Mass.–(BUSINESS WIRE)–MITRE, a not-for-profit corporation dedicated to research and development in the public interest, and Miami Dade College (MDC), one of the nation’s largest and most diverse higher learning institutions, are
After valuing its assets at between $100 million and $500 million. Compute North filed for chapter 11 bankruptcy in September, with the sale representing a tiny portion of that potential revenue. While it figures out how to pay back its approximately 200 debtors, the firm is keeping operations going. After
Binance U.S is going to resubmit a bid. After FTX filed for Chapter 11 bankruptcy, the agreement with Voyager fell through. Voyager’s exposure to FTX was $3 million as well. It has been reported that Binance U.S, will recommence its offer to acquire defunct cryptocurrency lender Voyager Digital. As a
Temporarily, Binance has stopped accepting deposits of USDC (SOL) and USDT (SOL) from users. This comes after crypto.com blocked USDC and USDT withdrawals and deposits for Solana. Crypto.com highlighted recent industry developments for the decision. After this news, the price of Solana (SOL) has fallen significantly. The price of SOL
