January 20, 2023 | Daily Business Review
Bankrupt Genesis Owes Its Top 50 Creditors $3.4 BillionGenesis's biggest creditor is a $766 million claim related to customers of crypto exchange Gemini, who have money stuck with Genesis's lending unit.
By Sidhartha Shukla, Joanna Ossinger and Suvashree Ghosh
2 minute read
August 16, 2022 | Daily Business Review
Cryptocurrency Hacks Soar as North Korea Targets DeFiDecentralized-finance protocols, especially cross-chain bridges used to transfer tokens across blockchains, have emerged as one of crypto's weakest links after several large hacks this year.
By Sidhartha Shukla
2 minute read
July 18, 2022 | Daily Business Review
Bitcoin Rallies to Trade Above $22K; Ether, Avalanche AdvanceTraders are paying close attention to any indication that Bitcoin is firmly breaking out of its recent pattern of swinging between $19,000 and $22,000.
By Philip Lagerkranser, Sidhartha Shukla and Anna Irrera
2 minute read
May 25, 2022 | Daily Business Review
Terra Blockchain Will Split, Abandon Collapsed UST StablecoinTerra's unraveling, which started earlier this month with the implosion of the algorithmic stablecoin Do Kwon, above, the crypto entrepreneur behind Terra, had touted relentlessly, marked one of the biggest busts in the crypto industry's history.
By Sidhartha Shukla and Emily Nicolle
4 minute read
April 25, 2022 | Daily Business Review
Bitcoin Touches 6-Week Low as Risk-Off Mood Gathers MomentumBitcoin extended this month's losses in Monday trade as investors shied away from risk assets amid a more hawkish outlook for Federal Reserve policy tightening.
By Joanna Ossinger and Sidhartha Shukla
3 minute read
Trending Stories