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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

Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns

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According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) “would simply result in a massive loss of credibility for OpenAI.”

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CFTC clears 'second hurdle' for spot Bitcoin ETF options

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ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.”

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Crypto Biz: MicroStrategy’s Bitcoin bet swells

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This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.

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