CoinShares’ Earnings Take Severe Hit Due to FTX Collapse: Q4 Report

CoinShares’ Earnings Take Severe Hit Due to FTX Collapse: Q4 Report

Despite the market turbulence brought about by collapses and scams, Coinshares’ Chief Executive Officer Jean-Marie Mognetti asserted that the group’s “financial health remained solid.” Its earnings did take a severe beating, though. CoinShares…

Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said.  In a note to investors Wednesday, analysts at the investment bank noted…

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