
Latest from Nikhilesh De
U.S. DOJ Moves to Detain Defendant in Crypto 'Shadow Banking' Case
U.S. prosecutors want to detain Reginald Fowler until his trial for illicitly providing banking services to crypto exchanges.

Crypto 'Winter' Is Giving Bakkt's Bitcoin Futures Plan a Boost, ICE Chief Says
ICE CEO Jeffrey Sprecher says crypto winter has been "helpful" to bitcoin futures exchange Bakkt by letting it buy firms on the cheap.

When Tether Warnings Are Marketing Tools
Stablecoin issuers are taking advantage of Tether's troubles to promote their cryptocurrencies as more viable alternates.

Bitfinex Shareholder Provides More Details About Potential $1 Billion Token Sale
Bitfinex shareholder Zhao Dong has detailed the timing and features of the exchange's potential $1 billion token sale.

CFTC Chair: 'Explosion of Interest' in Crypto May Spawn New Clearinghouses
CFTC Chairman Giancarlo expects new firms to apply to become federally-regulated clearinghouses so they can offer crypto futures.

Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.

ErisX Launches Crypto Spot Market on Heels of New $20 Million Raise
Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market.

SEC Temporarily Suspends Trading in Little-Known Bitcoin Miner's Shares
The SEC has temporarily suspended trading in shares Bitcoin Generation, a little-known crypto exchange and miner.

Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage
Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.

Bitfinex Needs ‘A Few Weeks’ to Unfreeze Funds, CFO Tells Shareholder
A Bitfinex shareholder says its CFO told him the exchange needs 'a few weeks' to recover the funds at issue in the New York Attorney General probe.
