By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021.Publish at: March 07, 2023 at 11:37AM
Crypto Mining Rig Maker Canaan’s Q4 Revenue Sunk 82% to $56.8M
DeFi Protocol Tender.fi’s TND Token Plunges 34% as Protocol Pauses Borrowing
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data TND, the native token of decentralized finance (DeFi) protocol Tender.Fi, has slumped by 34% after the platform announced that it paused borrowing on Tuesday.Publish at: March 07, 2023 at 11:19AM
Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto services provider Matrixport suggests collecting premium by selling bitcoin call options and using the same to fund the purchase of ether calls.Publish at: March 07, 2023 at 09:09AM
FTX Bankruptcy Special Counsel and Advisers Bill $38M for January
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case.Publish at: March 07, 2023 at 06:30AM
Dapper Removes ACH Withdrawal Option, Citing Circle
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Wire transfer and USDC remain an option for Dapper users.Publish at: March 07, 2023 at 04:03AM
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Judge Michael Wiles of the Southern District of New York questioned a U.S. Securities and Exchange Commission attorney over the agency’s concerns that Binance US may be operating an unregistered securities exchange.Publish at: March 07, 2023 at 01:20AM
First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable.Publish at: March 07, 2023 at 01:11AM
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.Publish at: March 06, 2023 at 11:47PM
Yuga Labs’ Bitcoin NFT Collection Fetches Top Bid of Nearly $160K
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The company behind Bored Ape Yacht Club released its 300-edition TwelveFold NFT collection on the Ordinals protocol.Publish at: March 06, 2023 at 11:25PM
Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data BTC has traded in a narrow range since it dropped sharply last Thursday as Silvergate’s woes grew increasingly apparent.Publish at: March 06, 2023 at 11:02PM