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The new CEO of failed crypto exchange FTX has some harsh words for his predecessor, Sam Bankman-Fried. John J Ray III, who previously oversaw restructuring efforts at historic corporate failures such as Enron, explained in a declaration supporting the FTX bankruptcy […]
The sudden demise of FTX has apparently made servicing withdrawals impossible for some remaining crypto lenders
Proof of reserves is an attempt by exchanges to reassure their customers — but they have a long way to go
Crypto Fund Research expects a record number of investor redemption requests from crypto hedge funds in November
FTX unveiled plans last month to launch Visa cards linked to a user’s FTX account in 40 countries
An inrush of $42 million into digital asset investment products last week marked the highest level in 14 weeks, according to CoinShares data
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
The recent crypto crash has Sequoia and Multicoin Capital explaining their exposure to embattled exchange FTX
It marks a stark reversal from the prop trading firm’s mammoth unwinding yesterday
“It’s taken a while, a lot of work, and we’ve got to a point now where the firm is a strong believer,” CEO Jez Mohideen told Blockworks
The IRS has opted to increase the estate-tax exclusion by $860,000 and raise income brackets by 7% in 2023
So-called blockchain ETFs in the US are under threat, industry watchers say, as the drawdown highlights oversaturation in the segment
Coin Metrics joins financial services giants in defining digital asset categories for investors looking to navigate the space
With billions of dollars in native tokens sitting in DAO treasuries, some in DeFi are seeking ways to generate yield on languishing crypto
The maturation of liquid cryptocurrency markets has led index fund manager Bitwise to explore active strategies
BNY Mellon, Nasdaq and State Street want Wall Street to come to them for crypto custody
The $1.3 trillion fund group is playing with the idea of launching additional crypto strategies after debuting its crypto SMAs
The $75 billion asset manager’s digital assets consumer app is on track for national rollout in Q1 of 2023
Fidelity is back with another institutional survey, having found growing appetite for diving into digital assets among big finance
The court should deny Celsius’ stablecoin sale as the lender hasn’t established ownership of the assets, creditors have said
The bank’s potential digital wallet would enable people to choose digital identity credentials they want to share across Web3, DeFi and the metaverse
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