1. Home
  2. denial

denial

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to B on DCG AssetsFollowing charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian OfficesAfter the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation indicates that the company now […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is FineThe cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes