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At-home bitcoin miners are getting crushed by the crypto sell-off and energy inflation. Here's how they're cutting costs.
Fans who mine bitcoin at home have seen profits fall as prices crash and energy costs surge in a to…
George Glover
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
Goldman Sachs is approaching Web3 crypto funds and traditional financial institutions to gauge inte…
Zahra Tayeb
The missing founders of bankrupt crypto fund Three Arrows are reportedly setting up shop in Dubai, and describe the high-profile collapse of the firm as 'regrettable'
"We feel that it's just the interest for everyone if we can be physically secured and keep a low pr…
Jennifer Sor
India’s crypto players bullish on hiring; say crash is just a phase
The global crypto marketcap plunged from $1.7 trillion from the start of May to $929 billion, as of…
Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank
Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…
George Glover
Billionaire Mike Novogratz says the crypto industry is suffering from a credit crisis - and that he was 'darn wrong' on leverage risks
Mike Novogratz blamed the turmoil in crypto markets on poor regulatory standards, saying the SEC di…
Zahra Tayeb
BlockFi's CEO denies that Sam Bankman-Fried's FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million
"Lots of market rumors out there — I can 100% confirm that we aren't being sold for $25 million," B…
George Glover
Crypto exchange CoinFlex says it needs more time to restart withdrawals as it scrambles to fix a $47 million bad debt
CoinFlex halted withdrawals while it searches for a solution to the $47 million bad debt, which the…
Zahra Tayeb
Sam Bankman-Fried is positioning himself as crypto's 'lender of last resort' - but even he reportedly couldn't deal with the $2 billion hole in Celsius' balance sheet
FTX walked away from a deal to buy Celsius before the troubled crypto lender filed for bankruptcy t…
George Glover
Failed crypto lender Celsius says it's filing for bankruptcy
"This is the right decision for our community and company," Celsius's chief executive and co-founde…
George Glover
Fear not, bitcoin bulls — the current rout will weed out the solid crypto operators from the weak ones. 3 experts explain how
Two crypto routs and insolvency worries pertaining to crypto funds including Three Arrows and Celsi…
Zahra Tayeb
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
US stocks face a 50% crash, a 'crypto apocalypse' is coming, and the economy is entering a 'doom loop.' Here are the 10 wildest predictions over the past quarter.
There's a growing number of eye-popping forecasts from market experts. Here's what Jeremy Grantham,…
Zahra Tayeb
Bitcoin and Ethereum reverse crypto crash effects; make a quick and fast rebound
After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital c…
Billionaire investor Jeff Gundlach says he won't be shocked if bitcoin falls to $10,000, as 'blow-ups' rattle the crypto market
"We've already seen around the edges some blowups in parts of the crypto world, and that could be f…
Zahra Tayeb
'Big Short' investor Michael Burry, Paul Krugman, and Mark Cuban have weighed in on the crypto crash. Here's what 7 market watchers say about the sell-off.
Michael Burry has underlined bitcoin's volatility, while Paul Krugman and Jim Chanos have seized on…
Theron Mohamed
'Big Short' investor Michael Burry, Paul Krugman, and Mark Cuban have weighed in on the crypto crash. Here's what 7 market watchers say about the sell-off.
Michael Burry has underlined bitcoin's volatility, while Paul Krugman and Jim Chanos have seized on…
Theron Mohamed
FTX boss Sam Bankman-Fried has bailed out struggling crypto lender BlockFi with a $250 million loan
SBF "is the new John Pierpoint Morgan - he is bailing out cryptocurrency markets," SkyBridge Capita…
George Glover
Crypto has minted tens of thousands of new millionaires, but they're still only 0.02% of everyone who's ever bought digital currency, a new wealth report says
At least 88,000 people have $1 million or more in cryptocurrency, and most of them got their wealth…
Matthew Loh
Mike Novogratz pounded the recession alarm, warned stocks would plunge further, and predicted some benefits from the crypto crash this week. Here are the 12 best quotes.
The Galaxy Digital CEO expects a deep recession in the near future, and anticipates the crypto cras…