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FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
27.6.2023
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources
Latin American Crypto Firm Ripio Approved to Operate in Spain as an Exchange
27.6.2023
It’s the latest in a number of licenses to crypto companies granted by the Bank of Spain
Web3 Infrastructure Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases
27.6.2023
The new API will allow users to create smart contracts and send NFTs via email, with the infrastructure to generate backend wallets for NFT collectors
Web3 Payment Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases
27.6.2023
The new API will allow users to create smart contracts and send NFTs via email, with the infrastructure to generate backend wallets for NFT collectors
Crypto Firm Wintermute Entangled in Lawsuit Against Celsius Network
25.6.2023
Creditors of the bankrupt landing firm Celsius have amended their lawsuit to include Wintermute.
Plaintiffs in the class-action lawsuit against Celsius Network have now alleged that Wintermute helped the crypto lending firm in wash trading.
The new court filing shows Wintermute Trading Ltd as...
Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review
25.6.2023
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the then SEC official. In other news, crypto exchange...
FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him
Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt
23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees.
"After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...
100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns
23.6.2023
The compromised accounts could give bad actors confidential information about companies and individuals
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
23.6.2023
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...
Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
22.6.2023
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
22.6.2023
ALSO: Crypto may enduring "a crisis of confidence," but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst
Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order
21.6.2023
Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management firm Goehring & Rozencwajg. The company’s...
Bitcoin Custody Firm Casa Rolls out Ethereum Support
21.6.2023
Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts
Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron
21.6.2023
The startup provides smart contract infrastructure for the Cosmos ecosystem
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
Ukrainian Investigators Find ‘Illegal Crypto Mining Farm’ at State-run Firm
21.6.2023
Ukraine’s State Bureau of Investigation says it has uncovered an illegal crypto mining farm in a state-owned enterprise in the Western region of Lviv.
In an official post, the bureau (SBI) said that the farm was being run by managers of a branch of the state-owned company Forests of Ukraine...