Latest from Michael Bellusci
CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty
The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said.
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
Cryptocurrency prices resumed their slump, hurting Coinbase and related equities.
Voyager Digital Plunges on Three Arrows Exposure, Analyst Downgrade
The crypto broker said it's on the hook for about $370 million of bitcoin and $350 million of USDC and has asked for a repayment installment by Friday.
FalconX Raises $150M at $8B Valuation
GIC and B Capital led the Series D funding round for the digital asset broker.
FTX Unit Buys Stock-Clearing Platform Embed to Expand Equity Trading Infrastructure
The acquisition is intended to aid FTX.US' equity trading ambitions.
Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches.
NFT Platform Immutable Launches $500M Venture Fund for Web3 Games
Immutable Ventures will work with groups including Animoca and GameStop.
Genesis Trading Mitigated Losses With a 'Large Counterparty,' CEO Says
Genesis’ update comes after crypto fund Three Arrows Capital confirmed heavy losses during the market rout.
Musk Sees Logic for Twitter as a Crypto Payments Platform
The Tesla CEO has agreed to purchase Twitter for about $44 billion and spoke Thursday at an all-hands meeting for the social network company.
Michael Saylor Says MicroStrategy Margin Call Talk Is ‘Much Ado About Nothing’
The CEO also told CNBC that the software company planned to buy more bitcoin with its free cash flow.
