Cryptocurrency
Today’s Top Crypto News, Thursday January 12th
Today’s Top Crypto News, Thursday January 12th •Sam Bankman-Fried’s Supersized Bet: $1 Billion for a Bitcoin Miner on the Kazakh Steppe– WSJ “Genesis Digital is one of the largest assets in the FTX-Alameda wreckage” •Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry’s Cruel Winter Continues– CoinDesk “The company is shedding 110 staffers in […]
By Matt Montemayor · January 12, 2023
Today’s Top Crypto News, Thursday January 12th
•Sam Bankman-Fried’s Supersized Bet: $1 Billion for a Bitcoin Miner on the Kazakh Steppe– WSJ
“Genesis Digital is one of the largest assets in the FTX-Alameda wreckage”
•Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry’s Cruel Winter Continues– CoinDesk
“The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector.”
•FTX has recovered over $5B in cash and liquid crypto–Barron’s
“Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities.”