Crypto is now the second most widely-owned asset class for women second only to cash. Global investors owning crypto rose from 36% to 39% on a quarter-on-quarter basis. eToro surveyed around 10,000 global retail investors in 13 countries. News Sorce
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for bankruptcy on Thursday night. The firm struggled to raise capital for its lending unit, cut 30% of its staff in January and took a financial hit from major catastrophic crypto events last year. Genesis is the parent company of digital currency asset manager Grayscale. DCG also owns mining and staking company Foundry and digital asset exchange Luno. The U.S. Securities and Exchange Commission charged Genesis and Gemini for the unregistered offer and sale of securities. News Sorce
Nonfungible token (NFT) marketplace Rarible has announced the launch of a marketplace builder that lets artists and projects customize a marketplace for their NFT collections. The Polygon NFT market has gained “tremendous traction,” the team said.NFT projects are adding new tools or services to navigate the crypto winter. SuperRare recently announced that it laid off 30% of its workforce. NFT CEO, John Crain, said they over-hired when the market conditions were better. However, he also noted this was unsustainable News Sorce
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