Sam Bankman-Fried’s FTX has launched a new venture capital unit, adding billions of dollars in fresh capital to the already bloated private market for crypto investing. FTX — which has long made investments alongside its sister company Alameda — said in a press release that FTX Ventures aims to “advance global blockchain and web3 adoption, …
FTX launches $2 billion venture fund, hires Lightspeed exec to lead Read More »
advertisement The U.S. criminal trial for BitMex’s former head of business development, Greg Dwyer, has been delayed. U.S. regulators first took aim at the crypto derivatives exchange in October 2020, when a number of charges came down on the exchange and its operators. Civil charges from the Commodities Futures Trading Commission (CFTC) and the Financial …
Criminal trial for BitMEX exec Greg Dwyer delayed to October Read More »
The cryptocurrency market as well as the infrastructure built around it are still in the developing phase. Therefore, the possibility of glitches can’t be ruled out. Even so, such hiccups need to be fixed to maintain a smooth sail over its projected course. Becoming a trillionaire for a couple of hours? Popular data provider CoinMarketCap …
Glitch caused ‘superficial’ issue, indicative of ’emerging industry’ says Coinbase exec Read More »
At a time when billionaire investors are increasingly placing their bets on Bitcoin and other cryptocurrencies, others are proving more than difficult to convince. For instance, while Bridgewater Associates Founder Ray Dalio has given up his belief in fiat currency, he still isn’t sure about Bitcoin being a better store of value than gold. During …
Bitcoin is ‘an amazing accomplishment,’ but this exec thinks ‘they’ll kill it’ Read More »
advertisement The digital asset investment firm CoinFund has hired Christopher Perkins, formerly an exec at Citigroup, to serve as its new president and managing partner, Bloomberg first reported. Perkins previously worked as Citigroup’s global co-head of futures, clearing, and foreign exchange prime brokerage. In his new position, Perkins is expected to scale up CoinFund’s reputation …
CoinFund hires former Citigroup exec as new president and managing partner Read More »
Breaking down a recent Citibank report that has Bitcoin Twitter salivating and skeptical at the same time. That’s the prediction of one Citibank exec in a report called “Bitcoin: 21st Century Gold” sent last week to institutional clients. In this episode, NLW breaks down the report, including the macro justification that sets the stage as …
Bitcoin at $318,000? Citibank Exec Says It’s Possible Read More »
The U.S.-based cryptocurrency exchange has tapped a former Morgan Stanley executive to head its compliance operations in Asia. Source link
Lex Sokolin is worried that Libra could be detrimental to open-source crypto development in the long-run. Sokolin, ConsenSys’s co-leader for fintech and DeFi, recently sat down with The Block’s Frank Chaparro and Ryan Todd for an episode of The Scoop. Conversation topics ranged from how Libra could be a tool that governments use to “fight …
U.S. mobile operator AT&T hopes to dismiss crypto investor Mike Terpin’s amended case over a SIM-swap hack, claiming he had not read the firm’s terms and conditions. AT&T’s attorneys took issue with three parts of the second amended complaint and his request for millions in punitive damages, arguing they showed the plaintiff was himself mostly …
AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn’t Read T&Cs Read More »