Job Cuts Reflect Crypto Winter’s Deep Freeze

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billions of dollars were missing, and Sam was in handcuffs. Those who knew him were le ...  عرض المزيد

It’s been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks. It started earlier this month [March], when Silvergate Capital shut down operations. The California-based bank serviced various crypto companies like Coinbase and Gemin ...  عرض المزيد

Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.

But a crash in value recently has raised questions about cryptocurrency’s central promis ...

With bitcoin showing signs of fear of a deeper price drop, plus a look at why crypto could become a force in retail payments, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava and BCB Group. Today's Stories: Treasury Yields Briefly ...  عرض المزيد

This month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest.

David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it ...

With bitcoin and the broader crypto market tumbling after what seemed to be a fresh burst of momentum, plus a look at what a bear market may mean for crypto jobs, CoinDesk’s "Markets Daily" is back with the latest news roundup. This episode is sponsored by Kava and BCB Group. T ...  عرض المزيد