Ben Strack

Ben Strack

Ben Strack is a Denver-based reporter covering macro and crypto-native funds, financial advisors, structured products, and the integration of digital assets and decentralized finance (DeFi) into traditional finance. Prior to joining Blockworks, he covered the asset management industry for Fund Intelligence and was a reporter and editor for various local newspapers on Long Island. He graduated from the University of Maryland with a degree in journalism. Contact Ben via email at ben@blockworks.co

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Sam Bankman-Fried is having a moment, equal parts baffling and infuriating, after a late night Twitter interview

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More details on FTX’s assets, creditors and overall plans are needed before evaluating its credibility, attorneys say

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Genesis powered yield platforms across the crypto industry

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FTX in July had planned to acquire BlockFi for up to $240 million, depending on the startup’s performance triggers

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The 30% layoffs and closure of one of the firm’s ETFs came befor FTX’s collapse, which has not directly affected Valkyrie

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Crypto Fund Research expects a record number of investor redemption requests from crypto hedge funds in November

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FTX unveiled plans last month to launch Visa cards linked to a user’s FTX account in 40 countries

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An inrush of $42 million into digital asset investment products last week marked the highest level in 14 weeks, according to CoinShares data

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FTX bought 30% of SkyBridge Capital earlier this year, but now founder Anthony Scaramucci says he wants to buy it back from Sam Bankman-Fried

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Resigned chief exec Sam Bankman-Fried says he seeks to offer updates on user recovery ‘ASAP’

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Capital for the exchange could come from sovereign wealth funds or non-US players in ancillary industries, lawyer says

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The discount of Grayscale’s Bitcoin Trust (GBTC) hits record 41% in the wake of crypto exchange FTX’s fall

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Priority is taking care of customers as the falling exchange is in talks with players to gain liquidity

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Galaxy Digital is teaming up with Itaú Asset Management to launch a physically backed bitcoin ETF in Brazil, which lists on Thursday

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Increased activity came amid volatile markets as Binance revealed intention to buy FTX

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Galaxy is seeking to withdraw $47.5 million from FTX after Binance’s intended takeover of the exchange

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“I don’t see us going and consolidating the industry necessarily,” CEO Fred Thiel says

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Potential acquisition following apparent liquidity issues could accelerate more stringent scrutiny on space, some say

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The inter-exchange spat could elongate crypto winter, but it may also speed up regulation, some say

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More miner suffering is likely to be had before more bankruptcies, consolidation, analysts say

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BitMEX reduces headcount amid refocus on crypto derivatives while Dapper Labs cuts staff by 22%

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So-called blockchain ETFs in the US are under threat, industry watchers say, as the drawdown highlights oversaturation in the segment

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Coin Metrics joins financial services giants in defining digital asset categories for investors looking to navigate the space

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The firm plans to continue buying and holding bitcoin after its digital asset impairment charges plummeted quarter-over-quarter