Kyle Davies, the co-founder of the now-bankrupt cryptocurrency hedge fund, Three Arrows Capital (3AC), has been ordered to respond to a subpoena he was served in January or risk being held in contempt of court. The subpoena required Davies...
Plans to rescue struggling Thai cryptocurrency exchange Zipmex seem to be falling apart. According to a recent report, the exchange did not receive the latest payment of a $100 million venture capital buyout due on March 23. The report...
Bitpanda, an Austrian fintech company, has partnered with Visa to offer crypto trading and custody services to banks and fintech firms through Visa's fintech partner connect programme. The partnership will allow Visa's partners to access Bitpanda's investment infrastructure solutions,...
Independent Reserve, an Australian cryptocurrency exchange, is considering opening a branch in Hong Kong as the city strives to establish itself as a major cryptocurrency hub. Independent Reserve already has licenses to operate in Australia, Singapore, and New Zealand....
Bankrupt cryptocurrency exchange FTX is reportedly seeking to recover $460 million in allegedly misused customer assets from venture capital firm Modulo Capital. FTX is settling with Modulo Capital for $460 million. First big "clawback". pic.twitter.com/JNHn2bhNLb — FTX 2.0pium (FTX...
United States Federal Reserve Chairman Jerome Powell revealed that he and his regulators were caught off guard and unable to explain the sudden collapse of Silicon Valley Bank(SVB) earlier this month, despite being under their oversight. In a press...
Sandlot Sloths, a community based on non-fungible tokens (NFTs) centered around baseball, has teamed up with Major League Baseball's Reviving Baseball in Inner Cities (RBI) Kids Program to create a collection of 5,944 hand-drawn sloths NFTs on the Ethereum...
ZenLedger, a well-known platform for crypto tax and forensic accounting, has announced that it has successfully attained SOC 2 Type 1 compliance. This accomplishment is important for ZenLedger as it demonstrates the effectiveness of its security controls and procedures....
Brian Armstrong, CEO and co-founder of Coinbase, has criticized the lack of clarity surrounding cryptocurrency regulation in the U.S., likening the SEC to "soccer referees" in a game of pickleball. Armstrong's comments come after Coinbase received a Wells Notice...
According to reports, up to 15% of the workers at the cryptocurrency custody service, Copper, could lose their jobs as the company streamlines its operations in the wake of challenging market conditions hurting the cryptocurrency industry. The crypto bear...
