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Latest from Nelson Wang
Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg
Hugh Madden, CEO of OSL's parent company, cited current market conditions.
US House Republicans to Set Up Crypto Committee to Oversee Shaky Industry: Report
The new subcommittee on digital assets, financial technology and inclusion will be chaired by Rep. French Hill (R-Ark.)
Canadian Crypto Exchanges Coinsquare, WonderFi in Advanced Talks to Merge: Bloomberg
The combination would create the country’s largest cryptocurrency exchange.
Sam Bankman-Fried Denies Stealing FTX Funds in New Online Post
The former FTX CEO blamed the exchange's collapse on the crypto market meltdown, Alameda’s poor hedging and a "targeted attack" by Binance.
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner.
A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg
The company acknowledged to Bloomberg that the process of maintaining the peg "has not always been flawless," but said the problem has now been fixed.
French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloomberg
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said.
Fanatics Selling Its 60% Stake in Sports NFT Firm Candy Digital: Report
The sports merchandiser is selling its interest to an investor group led by Michael Novogratz’s Galaxy Digital, according to CNBC.
SEC Files Limited Objection to Binance.US’ $1B Deal for Voyager Assets
The agency is asking for more details how the crypto exchange can afford such a large deal.
CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager
The review could impact the completion, timing and terms of any such deals, CFIUS said.
