Disney Lays Off Metaverse Team: Report
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.
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Mar 28, 2023 at 5:32 a.m. UTC
Mar 28, 2023
Sam Reynolds
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First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
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Mar 28, 2023 at 2:09 a.m. UTC
Mar 28, 2023
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First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.
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Mar 27, 2023 at 6:20 a.m. UTC
Mar 27, 2023
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First Citizens to Buy Silicon Valley Bank: Bloomberg
SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.
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Mar 27, 2023 at 5:37 a.m. UTC
Mar 27, 2023
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First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one...
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Mar 27, 2023 at 1:21 a.m. UTC
Mar 27, 2023
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ARK Uses 'Wells Dip' to Stock Up Again on Coinbase Shares, Two Days After Selling
Coinbase shares tumbled 16% Thursday after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
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Mar 24, 2023 at 3:34 a.m. UTC
Mar 24, 2023
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Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment
Meanwhile, the Polymarket prediction contracts relating to the former U.S. president's indictment have become some of the most actively traded on the platform.
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Mar 23, 2023 at 11:39 a.m. UTC
Mar 23, 2023
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Avalanche Blockchain's X and C Networks See Brief Outage
On-chain data shows that transactions sent over X-Chain are lagging, while C-Chain has recovered from an earlier outage.
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Mar 23, 2023 at 7:37 a.m. UTC
Mar 23, 2023
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Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
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Mar 22, 2023 at 10:00 a.m. UTC
Mar 22, 2023
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First Mover Asia: Traders Focused on Liquidity, FOMC as Asia Opens Its Business Day
Crypto prices remain flat ahead of the FOMC's rate decision.
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Mar 22, 2023 at 2:36 a.m. UTC
Mar 22, 2023