Monthly Archives: September 2023

In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Friday. “I don’t really know what ‘happiness’ means,” he said

Bitcoin (BTC) prices held steady above the $27,000 level Friday even as broader financial markets showed mixed movements. Global oil prices retreated after a surge, while stocks in Asia and Europe inched higher as of Asian afternoon hours.Crypto markets were buoyed mainly as participants expected increased demand in the short term as a formal ether

Crypto custody tech company Fireblocks has acquired tokenization firm BlockFold to service the financial industry's largest institutions.The acquisition will expand Fireblocks' capabilities in tokenization - allowing traditional assets to be traded on the blockchain - including token customization, orchestration, distribution and advisory, the firm announced via email on Friday.The market for tokenized assets could spike

Cryptocurrency exchange Coinbase (COIN) announced this week that it had received regulatory approval in Bermuda to list perpetual futures to users outside of the United States.The move comes as no surprise, Coinbase acquired a license in Bermuda to operate a spot exchange back in April following a gung-ho approach from U.S. regulators, with the ultimate

Video game developer Epic Games is laying off around 16% of its employees following a metaverse-inspired transition of its popular online game Fortnite.The layoffs affect 830 of Epic Games' employees, CEO Tim Sweeney said in an email to employees on Thursday.Epic Games has been "growing Fortnite as a metaverse-inspired ecosystem for creators," according to Sweeney.