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Latest from Jamie Crawley
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.

ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability
The round was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels

Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys
"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said earlier on a now-deleted tweet.

FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition
The estate alleges FTX founder Sam Bankman-Fried and other "insiders" misappropriated company funds to acquire Embed in late September 2022, weeks before the crypto exchange filed for bankruptcy.

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.

Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones
The billionaire hedge fund manager also said lower inflation is also going to be a headwind for the crypto.

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT
Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
LG has been a node operator on the Hedera Network since 2020.

First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in crypto markets in context for May 12, 2023.

Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter.
