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Latest from Jamie Crawley
Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper
Tether's assets as of Dec. 31 stood at $67 billion with liabilities of $66 billion, almost all of which relates to digital tokens issued.
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Capital.
Crypto Classification Seeks to Make Industry More Welcoming to TradFi Participants
Cryptocurrency is an incredibly broad and diverse field, with a huge array of wholly different assets, making the industry an intimidating one to enter.
Binance APAC Head Suggests Full Audit of the Crypto Exchange Isn't Happening Soon: Bloomberg
Finding an auditor for the whole balance sheet is difficult given the complexities of auditing crypto assets due to challenges like price volatility.
Dell Joins Hedera Governing Council to Explore Developing Decentralized Applications
The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network.
Digital Asset Management Platform HeightZero Taps CoinDesk Indices to Offer Crypto Basket to Financial Advisers
HeightZero provides a platform for financial advisors to plug in to as a means of offering their clients exposure to a range of assets.
Signature Bank Sued for 'Substantially Facilitating' FTX Comingling
Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing.
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
The estimated value of stolen crypto assets ranges to as high as $1 billion.
Digital Bank Revolut to Offer Crypto Staking
Revolut will support staking of the tokens of Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH), with yields ranging to as high as 11.65%
Crypto Exchange Binance Introduces Tool for Calculating Taxes on Transactions
The tool, initially available to users in Canada and France, supports reporting of up to 100,000 transactions.
