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Christian Nwobodo

Journalist CryptoSlate

Courts orders the CFTC to serve lawsuit to Ooki DAO’s original founders

Judge William Orrick said that there was no point indicting all Ooki DAO members when its original founders Tom Bean and Kyle Kistner are known.

3 years ago

Bankruptcy

Argo blockchain requests trading be restored on LSE, looks to raise funds

Argo said it is working to avoid filing for a Chapter 11 bankruptcy, however, "there is no assurance that it will avoid such filing."

3 years ago

Banking

Bitcoin Group set to acquire German’s oldest Bank for over $15M

The takeover of Bankhaus von der Heydt will see the Bitcoin Group own two banking licenses from Germany, following its earlier acquisition of the Futurm digital bank.

3 years ago

Stablecoins

Tron’s USDD stablecoin falls to $0.97 as it loses dollar peg

Justin Sun-led TRON has deployed about $200,000 to defend the USDD peg.

3 years ago

DeFi

Grayscale opens DeFi Fund to public investors

US-based investors can gain exposure to Grayscale's DeFi Fund by purchasing the DEFG Shares in the OTC market.

3 years ago

Bear Market

Amber Group reportedly set to end $25M Chelsea deal, lays off 40% of workforce

Amber Group was caught up in the FTX contagion but set to survive by cutting costs across the board.

3 years ago

Regulation

SEC urges crypto companies to disclose exposure to recent market collapse

U.S.-based crypto companies are expected to submit a disclosure document detailing their exposure to the FTX collapse, and efforts made to protect customers.

3 years ago

Bear Market

Huobi predicts crypto market bottom in early 2023

According to Huobi Research, Bitcoin may reach the bottom of $15000 around March 2023, which will signal the next crypto market rebound.

3 years ago

Stablecoins

Waves down 12% as Upbit issues investment warning

Upbit has cautioned its users against investing in WAVES as its high volatility may result in unexpected losses for its investors.

3 years ago

Stablecoins

USDC could get access to Fed’s RRP via BlackRock partnership

Barclays Strategist Joseph Abate said that BlackRock's participation in the Fed's RRP program will give USDC indirect access to a risk-free central bank liability.

3 years ago