Category: Business

Business

In spite of Grayscale’s shares trading at a 45 percent discount to bitcoin’s value, the company continues to withhold proof of reserves citing “security concerns.”

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In spite of Grayscale’s shares trading at a 45 percent discount to bitcoin’s value, the company continues to withhold proof of reserves citing “security concerns.”   Asset management Grayscale, which oversees the largest bitcoin fund in the world, stated in a statement that it will not provide customers with evidence of reserves. Security issues prevent […]

Sam Bankman-Fried, After Being Fired From The Cryptocurrency Firm FTX, Attempts To Orchestrate A Bailout From His Home In The Bahamas

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Sam Bankman-Fried, after being fired from the cryptocurrency firm FTX, attempts to orchestrate a bailout from his home in the Bahamas.   NASSAU, Bahamas — Sam Bankman-Fried, who was recently forced out of the cryptocurrency company he established, told CNBC he is trying to get a multibillion-dollar agreement to bail out FTX, which filed for […]

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