Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related fraud … depends on where you look. The interview came against the backdrop where Chainalysis said last month that the...
Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between $50 million and $100 million, liabilities between $100 million and $500 million, and creditors numbering between 5,000 and 10,000, according...
Cryptocurrency-centric news outlet CoinDesk is reportedly seeking a buyer. CEO Kevin Worth told the Wall Street Journal (WSJ) the company had hired investment bankers at Lazard Ltd. to examine options that include a full or a partial sale. “Over the last few months, we have received numerous inbound indications...
This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said these banks have seen a rise in outflows of crypto-related deposits. “The fluctuation is expected to continue, given the volatility...
March 06, 2023
Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related fraud … depends on where you look. The interview came against the backdrop where Chainalysis said last month that the money the bad actors made off with from various scams […]
December 12, 2022
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a...
November 16, 2022
The knock-on effects of Sam Bankman-Fried’s abrupt heel-turn from evangelist darling to canary in the crypto coalmine are starting to show, as industry actors rush to distance themselves — and...
April 18, 2023
Tribe Capital is reportedly interested in joining a potential reboot of FTX’s cryptocurrency exchange. The venture capital (VC) firm is considering leading a $250 million fundraising campaign after its co-founder met with a committee of unsecured creditors of FTX in January, Bloomberg reported Tuesday (April 18), citing unnamed sources. Tribe Capital was an investor in […]
February 08, 2023
Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between $50 million and $100 million,...
January 19, 2023
Cryptocurrency-centric news outlet CoinDesk is reportedly seeking a buyer. CEO Kevin Worth told the Wall Street Journal (WSJ) the company had hired investment bankers at Lazard Ltd. to examine options that include a full...
December 26, 2022
This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said these banks have seen a...
