Latest from Sam Reynolds
First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease
ALSO: Sam Reynolds writes that most of Grayscale's digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.
First Mover Asia: Ethereum Isn’t wETH or stETH, but Jokes Still Move Markets
Sam Reynolds writes that irreverent posts about lesser-known altcoins – and more significant tokens – can be destructive, especially if people don’t get the irony. ALSO: Bitcoin drops as BlockFi files for bankruptcy protection.
First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears
ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes.
FTX debe US$226M a su mayor acreedor y alrededor de US$3,1B en total a los 50 principales
El documento judicial presentado durante el fin de semana no nombra a las firmas que tienen dinero atrapado en el exchange.
Bill Ackman Endorses Crypto Project Helium, Discloses Crypto Holdings
The Pershing Square Capital Management CEO says controversial crypto project Helium can “build intrinsic value over time.”
FTX Owes Its Largest Creditor $226M; Top 50 Owed Total of About $3.1B
A court document filed over the weekend doesn't name the creditors.
First Mover Asia: Cryptos Dive Deep Into the Red
ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if some major initiatives wind down.
Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment
A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.
First Mover Asia: Bitcoin Won't Budge; Cryptos Ignore the FTX Chaos for Another Day
Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTX parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing.
Temasek Says Its FTX Investment Is Now Worth Zero
The Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange.
