Latest from Jamie Crawley
Bankrupt Crypto Exchange FTX Had Around $1.4B Cash at End of 2022
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy protection.
Market Maker B2C2 Teams With Blockdaemon, Stakewise to Provide Ethereum Staking Liquidity
B2C2 says it will be the sole over-the-counter spot liquidity provider for the staked ether token sETH-h built on liquid staking platform Portara.
Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility."
Sam Bankman-Fried Backed Charity Under UK Probe
The inquiry will investigate the extent of the risk to the charity's assets and whether the trustees are properly protecting the assets.
Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report
Gemini reportedly repeatedly implied that the assets of customers using its Earn product were safe thanks to being backed by the Federal Deposit Insurance Corp.
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry.
Bitcoin Miner Argo Blockchain Faces Class-Action Suit Over US Share Sale
Argo failed to disclose that it suffered from significant capital constraints as well as electricity and network difficulties, the suit says.
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit, and said they will also examine relevant transactions on other exchanges.
SEC Rejects Ark 21Shares Spot Bitcoin ETF for Second Time
The U.S. markets regular has rejected a score of ETF applications for products that invest directly in bitcoin while approving a number of funds tracking the BTC futures market.
Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."
