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Latest from Oliver Knight
Cash-Backed HUSD Stablecoin Loses Peg, Drops to 92 Cents
The stablecoin is trading as low as 89 cents against USDC on Curve Finance.
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
Nexo was locked out of a BitMEX account connected to its former director, resulting in $7.9 million in losses.
Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim.
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.
Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore
Hodlnaut is looking to appoint a judicial manager to avoid liquidating customer assets at a loss.
Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
The Nasdaq-listed company will now focus on its asset-management and custody businesses.
Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
Zipmex Crypto Exchange Gets Over 3 Months of Creditor Protection in Singapore: Report
The city-state's High Court granted Zipmex protection from creditors until Dec. 2 to give the exchange time come up with a funding plan.
Tornado Cash's Discord Appears to go Dark
The crypto mixer's website seems to be offline for some users as well.
