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Latest from Oliver Knight
Tether Promotes Paolo Ardoino to CEO
Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.

DeFi Is Losing the Race to Become the Future of Finance
Money market funds are offering more than 5% annual returns, Ethereum stakers meanwhile get just 3.3%.

Reddit's Fortnite Token BRICK More Than Doubles After Two-Months of Decline
Liquidity remains thin across Bricks trading pairs with 2% market depth on Kraken standing at $2,500 on both the bid and ask side.

Crypto Prime Broker Membrane Labs Raises $20M From Brevan Howard, Point72 Ventures and Jane Street
Other notable names included in the Series A round were Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading, and Framework Ventures.

JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.

WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.

Crypto Investment Firm Deus X Capital Launches With $1B in Assets
The family office backed investment and operating company begins with an initial $1 billion of assets.

FTX's Former Auditor Prager Metis Sued by SEC
The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

Bitcoin Surges Over $28K, but Analyst Questions ETF Optimism Angle
Short liquidations on crypto-tracked futures may have contributed to the rise in bitcoin and ether.

Coinbase Obtains Payment License in Singapore
The Coinbase International Exchange received regulatory approval from Bermuda's financial regulator, and Coinbase registered with Spain's central bank last week.
