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Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg

24.11.2022
The Binance fund will be open to contributions from other industry players

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports

24.11.2022
The police are reportedly looking into allegations of cheating and fraud by the company and its directors

Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

23.11.2022
Genesis also started talks with its largest creditors and borrowers, including Gemini and DCG, to agree on a solution

Crypto’s Future Will Be Based on Self-Custody and Regulation: Kraken's Dave Ripley

23.11.2022
The interim chief executive discusses why the future of crypto will be based on proof-of-reserves and thoughtful regulation

Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate

23.11.2022
The purchase make Brendan Blumer the largest holder of Silvergate

Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team

23.11.2022
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."

Blockchain VC funding halves in October despite some strong raises

23.11.2022
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round

Binance's Crypto Mining Pool Adds Ravencoin Support

23.11.2022
Former Ethereum miners have been drawn to alternative coins like Ravencoin after they had to leave the Ethereum network post-merge

Singapore Bank DBS Completes Fixed Income Trade on JPMorgan's Blockchain Network Onyx

23.11.2022
Singaporean bank DBS is the latest big bank to harness JPMorgan's blockchain-based fixed income trading network Onyx, becoming the first Asian bank to do so

Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets

23.11.2022
Foundry will buy two mining facilities and has an option to acquire another site that is under development

Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

22.11.2022
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company

On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start: Nansen

22.11.2022
Niklas Polk, a research analyst at analytics firm Nansen, discusses the firm’s latest report and what on-chain data reveals about the wallets used between FTX and Alameda

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times

22.11.2022
Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis

Binance's CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale – Then Backtracks

22.11.2022
Changpeng Zhao quickly deleted a tweet that called the companies' disclosures into question

Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund

22.11.2022
Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds."

Huobi Global Rebrands as Huobi, Introduces New Strategy

22.11.2022
Huobi will endeavour to bring value to its business and provide secure and professional services to its users as it rebrands. Various technologies and resources will also be integrated into Huobi’s global public chain ecosystem, including the technology and resources offered by the HECO and TRON...

FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated

22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...