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Latest from Sam Reynolds
FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.
Bitcoin Erases Losses, Holds Near $29.3K as Nasdaq Gains Nearly 2%
Friday morning brought more welcome U.S. economic data, with the PCE Price Index – the Fed's preferred inflation gauge – dipping further in June.
Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says
Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't giving up on the metaverse anytime soon.
Bitcoin Remains in Tight Range Around $29.3K; Stellar's XLM Leads Altcoin Gainers
Fresh U.S. economic data Thursday morning delivered good news on inflation and economic growth.
First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO
PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."
Bitcoin Steady at $29.3K After Fed Rate Hike and Powell Press Conference
The U.S. central bank as expected lifted its benchmark fed funds rate by 25 basis points on Wednesday afternoon.
Federal Regulators Are Needed for Crypto Oversight: U.S. Accountability Office
Regulators lack an ongoing coordination mechanism for addressing blockchain risks in a timely manner, the report says
Japan Signals More Web3 Promotion Policies Are Coming
Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.
Binance Says It Intends to File Motion to Dismiss CFTC Complaint
The CFTC sued Binance, its founder Changpeng Zhao and compliance officer Samuel Lim in a U.S. court in Illinois in March, alleging that the exchange operated a derivatives trading operation in the U.S.
