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Crypto lender Genesis lays off 30% more staff: Report

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Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role.

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Coin Market

Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance

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BTC price action returns to consolidate on the U.S. CPI release, with Bitcoin firmly undecided on short-term direction.

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Jack Ma surrenders control of fintech giant Ant Group

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After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes.

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Coin Market

Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away’

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The former FTX leader denied any involvement In regards to the allegations Alameda had used FTX customer funds, and said he was pressured into naming John Ray as CEO.

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