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Latest from Nick Baker
Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
A filing on Wednesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”
Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week
A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.
Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce
Company says its actions give it "seven years of financial runway."
Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs
“We're seeing corporations who want to participate on-chain in some way,” Coinbase’s Kevin Johnson told CoinDesk TV. “But they need a safe way to do that.”
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
NFT Video Startup Glass Falls to Crypto Bear Market
The startup’s founders say they’re ending active development after two years.
A New Crypto Scam Shows Perils of Elon Musk's Twitter
A purported $25 million giveaway of a token called GBTC – letters better associated with the $13 billion Grayscale Bitcoin Trust – is an obvious fake.
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the price tag was less than the $250 million it paid for custody firm Metaco in May.
Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place.
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.
