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Latest from Jamie Crawley
Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet.
Ark Invest Adds Coinbase Stock as Crypto Exchange's Price Slides
The purchase takes the ARK Innovation ETF's holding to 5.7 million COIN shares and marks its first investment in the crypto exchange in a month.
Hong Kong Amends Finance Law to Incorporate Crypto Firms
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.
PayPal Expands Crypto Service Into Luxembourg in First EU Foray
The move follows the initial rollout of the crypto service in the U.S. in 2020, followed by an expansion to the U.K. last year.
Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency
Clients will be able to keep their digital assets on Zodia's platform, while the assets are available on exchanges for trading.
Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
Reinstating ads on CoinMarketCap would add $40 million a year.
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
"New and disturbing allegations about the [Silvergate's] business practices have continued to surface," says the letter from the Massachusetts Democrat and two Republican colleagues.
Stablecoin Issuer Circle Cancels Plan to Go Public
The firm ends SPAC deal under which it would have become a listed company.
Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT
That FTX was having to navigate such losses in the pre-bear market days of 2021 may go some way to explain its frail position that would ultimately bring about its collapse.
Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius
The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.
