Citi

(Danny Nelson/CoinDesk)
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.
(Danny Nelson/CoinDesk)

Knock-on effects from the collapse of FTX are fairly well siloed within crypto. (Shutterstock)
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
Decentralized exchanges have gained market share as confidence in their centralized equivalents have declined, the report said.
Knock-on effects from the collapse of FTX are fairly well siloed within crypto. (Shutterstock)

Trust Is Gained Over Time but Lost in an Instant: Analyst
Trust Is Gained Over Time but Lost in an Instant: Analyst
Tokens related to cryptocurrency exchange FTX, including FTT and Solana (SOL), have fallen sharply amid contagion fears. Citi Digital Asset Analyst Joe Ayoub said "that's larg...
Trust Is Gained Over Time but Lost in an Instant: Analyst

Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Cit...
Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal

Citi Ventures has co-led a $6 million investment round in xalts. (Getty Images)
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
Accel co-led the round for the startup building institutional-grade digital asset products.
Citi Ventures has co-led a $6 million investment round in xalts. (Getty Images)

Alexandre Kech, director of blockchain and digital assets of Citi Ventures, is leaving Citigroup. (TungCheung/Shutterstock)
Citigroup Director of Blockchain and Digital Assets to Leave for Six Digital Exchange
Alexandre Kech's departure follows the exit of another key digital-assets employee from Citi in August.
Alexandre Kech, director of blockchain and digital assets of Citi Ventures, is leaving Citigroup. (TungCheung/Shutterstock)

Decentralized crypto exchanges are likely to become more popular, Citigroup says. (GuerrillaBuzz Crypto PR/Unsplash)
Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers
Increased crypto regulation could drive users to decentralized platforms, the bank said.
Decentralized crypto exchanges are likely to become more popular, Citigroup says. (GuerrillaBuzz Crypto PR/Unsplash)

(TungCheung/Shutterstock)
Citigroup Digital-Assets Driver Itay Tuchman to Depart
Tuchman's next move may be into a digital-assets firm.
(TungCheung/Shutterstock)

Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)
Citigroup Furthers Crypto Push With Two Digital-Asset Hires
Wall Street continues to fill for digital-asset roles despite the lingering crypto bear market.
Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)

Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)
Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain
Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.
Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)