Latest from Sam Reynolds
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Upbit Halts CRV Withdrawal and Deposit After Curve Finance Exploit
Other exchanges say they are monitoring the situation closely but have not taken any action.

Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on Hex
BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.

First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?

Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
The UAE-based firm is developing one of the region’s largest mining facilities.

Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible
BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.

FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

Bitcoin Erases Losses, Holds Near $29.3K as Nasdaq Gains Nearly 2%
Friday morning brought more welcome U.S. economic data, with the PCE Price Index – the Fed's preferred inflation gauge – dipping further in June.

Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says
Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't giving up on the metaverse anytime soon.

