Financial Times

Hong Kong Pressures 3 Major Banks to Take On Crypto Exchanges as Clients: Report
Hong Kong Pressures 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients, according to a report from th...
Hong Kong Pressures 3 Major Banks to Take On Crypto Exchanges as Clients: Report

Sam Altman’s Crypto Project in Talks for $100M in New Funding: Report
Sam Altman’s Crypto Project in Talks for $100M in New Funding: Report
Altman’s crypto project, Worldcoin, rose to prominence last year with a controversial, Silicon Valley vision for a universal basic income (UBI): a crypto token that can be dis...
Sam Altman’s Crypto Project in Talks for $100M in New Funding: Report

DOJ's Crypto Enforcement Director Vows Crackdown on Illicit Behavior on Exchanges: FT
DOJ's Crypto Enforcement Director Vows Crackdown on Illicit Behavior on Exchanges: FT
Eun Young Choi, head of crypto enforcement at the Department of Justice (DOJ), has promised a crackdown on illicit behavior on trading platforms, according to the Financial Ti...
DOJ's Crypto Enforcement Director Vows Crackdown on Illicit Behavior on Exchanges: FT

Binance Concealed Extensive Links to China for Years: Financial Times
Binance Concealed Extensive Links to China for Years: Financial Times
According to the Financial Times, Binance hid the company's presence in China for several years, contrary to claims made by its executives that the crypto exchange left the co...
Binance Concealed Extensive Links to China for Years: Financial Times

DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
Digital Currency Group (DCG) started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according...
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times

Elon Musk Wants Twitter Payments System to Integrate Crypto: FT
Elon Musk Wants Twitter Payments System to Integrate Crypto: FT
Twitter is designing a system to permit payments through the social media platform, and although billionaire owner Elon Musk wants it "first and foremost" to be for fiat curre...
Elon Musk Wants Twitter Payments System to Integrate Crypto: FT

BlockFi’s Mining Assets May Head to Market; Musk Wants Twitter Payments System To Accommodate Crypto: RPT
BlockFi’s Mining Assets May Head to Market; Musk Wants Twitter Payments System To Accommodate Crypto: RPT
Failed crypto lender BlockFi may sell some assets after a bankruptcy judge in New Jersey expressed approval of the plan as part of Chapter 11 bankruptcy proceedings designed t...
BlockFi’s Mining Assets May Head to Market; Musk Wants Twitter Payments System To Accommodate Crypto: RPT

Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce
Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce
Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according t...
Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce

Alameda Shielded FTX From Possible $1B Loss Following Client's Leveraged Trade in 2021: Financial Times
Alameda Shielded FTX From Possible $1B Loss Following Client's Leveraged Trade in 2021: Financial Times
Alameda Research bore the brunt of a $1 billion loss incurred by its affiliated firm FTX after a leveraged trade on the now-bankrupt crypto exchange backfired early last year,...
Alameda Shielded FTX From Possible $1B Loss Following Client's Leveraged Trade in 2021: Financial Times

Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT
Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT
Cryptocurrency lender BlockFi, which filed for Chapter 11 bankruptcy protection on Monday, on the same day sued FTX founder Sam Bankman-Fried's Emergent Fidelity Technologies...
Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT