Hedge fund Fir Tree sued Grayscale and cuts in the crypto sphere. Main events of the week
Court orders bankrupt Celsius Network to refund users $44 million, hedge fund Fir Tree sues Grayscale and other events of the past week
Monday
Crypto companies have laid off more than 10 thousand employees since the beginning of 2022
The largest reductions were made by the crypto exchanges Coinbase, Crypto.com and Kraken
Tuesday
Bitcoin mining difficulty collapses amid 'extreme industry stress'
Another recalculation saw the figure drop by 7.32%, Glassnode analysts called it a reflection of the extreme stress the cryptocurrency mining industry is under
Reuters has learned of Goldman Sachs' plans to buy up cheaper cryptocurrency companies
Wednesday
Kazakhstan's parliament approves new rules for mining
The bills passed by deputies introduce new taxes for cryptocurrency mining companies and allow the purchase of electricity from the general power grid only if there is a surplus
Hedge fund Fir Tree sued Grayscale
The plaintiff demands that the company disclose its bitcoin holdings, reduce fees and begin repurchasing shares
But regulator insists miners can only sell mined cryptocurrency abroad and only to non-residents
Thursday
Media report on investigation into former FTX chief's involvement in Terra collapse
Federal prosecutors are looking into the possibility that Sam Bankman-Fried manipulated TerraUSD and Luna prices to benefit his company
Court orders bankrupt Celsius Network to refund users $44 million
This was possible after the company's advisors and interested parties discovered that the funds deposited in custody accounts did not belong to Celsius
SushiSwap head warned of a threat to the viability of the exchange
Project's temporary reserve replenishment model should help with funding
Friday
Coinbase urged customers to transfer assets to its stablecoin from USDT
To simplify the transition to the cryptocurrency it co-founded, the cryptocurrency exchange waived the fee to convert Tether to USD Coin for retail customers
