Asset Management

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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 […]

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The sudden demise of FTX has apparently made servicing withdrawals impossible for some remaining crypto lenders

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Proof of reserves is an attempt by exchanges to reassure their customers — but they have a long way to go

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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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Crypto.com and OKX saw massive investor outflows despite showing their reserves

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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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The latest Tether disclosure shows a marked increase in US Treasurys, but its rival stablecoins are still favoring them far more

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The recent crypto crash has Sequoia and Multicoin Capital explaining their exposure to embattled exchange FTX

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It marks a stark reversal from the prop trading firm’s mammoth unwinding yesterday

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“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

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The IRS has opted to increase the estate-tax exclusion by $860,000 and raise income brackets by 7% in 2023

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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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With billions of dollars in native tokens sitting in DAO treasuries, some in DeFi are seeking ways to generate yield on languishing crypto

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JPMorgan, DBS and SBI Digital Asset execute live trade using DeFi, tokenized deposits and verifiable credentials

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The maturation of liquid cryptocurrency markets has led index fund manager Bitwise to explore active strategies

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BNY Mellon, Nasdaq and State Street want Wall Street to come to them for crypto custody

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The $1.3 trillion fund group is playing with the idea of launching additional crypto strategies after debuting its crypto SMAs

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The $75 billion asset manager’s digital assets consumer app is on track for national rollout in Q1 of 2023

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Fidelity is back with another institutional survey, having found growing appetite for diving into digital assets among big finance

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The court should deny Celsius’ stablecoin sale as the lender hasn’t established ownership of the assets, creditors have said

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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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SEBA says it’s the first regulated bank to offer NFT custody

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