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The New York attorney general filed a civil lawsuit Thursday against the co-founder of now-bankrupt cryptocurrency lender Celsius Networks for allegedly defrauding hundreds of thousands of investors who deposited billions of dollars into the platform. The lawsuit against Alex Mashinsky alleges he made false and…

Katrina Lake, CEO of Stitch FixAdam Jeffery | CNBCStitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of its salaried workforce and she will reassume her post as CEO as the fledgling apparel company continues to grapple with low…

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Calvaria is a brand new play-to-earn gaming ecosystem that has been making huge strides in its presale, which is now almost complete. The play-to-earn industry…

As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out runaway inflation.George said Thursday that she thinks the Fed should raise its benchmark borrowing rate…

Clients pulled $8.1bn in deposits from Silvergate during a “crisis of confidence” late last year, forcing the crypto-focused US bank to sell assets and underscoring how the implosion of FTX reached the regulated financial sector. The California-based group’s disclosure on Thursday showing its deposits from…