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Latest from Jamie Crawley
US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill
The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.
DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
The South Korean company will use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.
Crypto Miner Hut 8 Hires Former IBM Executive as CFO
Shenif Visram spent almost 12 years at IBM, including spells as chief financial officer and chief operating officer of global business services for the computing giant's Canadian arm.
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.
