Latest from Sam Reynolds
Washington State Joins Celsius Bankruptcy Case as Interested Party
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.
First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.
Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to a lawsuit that alleges unbacked USDT issuances have caused $1.4 trillion in damage to the market.
First Mover Asia: Bitcoin Flutters Around $19K; SEC Case Against Crypto Promoter Ian Balina Faces One Big Problem
Balina is charged with conducting an unregistered securities offering in 2018 for his SPRK ICO token, but proving that the Ethereum network should be subject to U.S. securities law will be difficult; cryptos largely decline.
Crypto Lender Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research
Alameda, a firm run by FTX founder Sam Bankman-Fried, had said it is "happy to return" the loan to the firm that's now in bankruptcy.
First Mover Asia: Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC
Kwon, who is no longer in Singapore, says he is not "on the run," although Korean authorities have asked Interpol to issue a "red notice" requesting his arrest; Taiwan is an unlikely hideout.
Corea del Sur solicita a Interpol que emita una notificación roja en contra del cofundador de Terra Do Kwon
Las autoridades de Singapur confirman que Kwon ya no está en la ciudad-estado, pero él afirma que no está “prófugo”.
South Korea Asks Interpol to Issue 'Red Notice' for Terra Co-Founder Do Kwon: Report
Authorities in Singapore confirm that Kwon is no longer in the city-state, while he maintains he’s not “on the run.”
EVGA to Stop Making Graphics Cards After Ethereum Merge Citing Nvidia 'Mistreatment'
The move comes as graphics card add-in board manufacturers post weaker financials as demand dries up due to Ethereum’s transition away from proof-of-work mining.
First Mover Asia: Cryptos Slide in Weekend Trading; Did Ethereum Pick the Wrong Time to Merge?
Ether sinks to its lowest level since July; bitcoin falls below $19.5K.
