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Latest from Sam Reynolds
First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.
Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance.

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
A source told CNBC that bankruptcy proceedings would not impact operations.

Genesis, DCG Creditors Propose Plan to Resolve Liquidity Issues, Gemini Says
The creditor committee expects to hear from Genesis and DCG by the end of the week.

First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive
Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home.

Binance Finalizes Acquisition of Indonesian Crypto Trading Firm Tokocrypto
Tokocrypto's CEO will step down and 58% of staff will be laid off as part of the deal, says Tokocrypto spokesperson.

Crypto Storage Protocol Tokens Slide as Traders Short FileCoin and Storj
Filecoin saw record shorts over the weekend because it's down 28% over the past five days. Storj is down 20% in the same time period.

First Mover Asia: Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble
Bitcoin was flat in early Monday trading.

Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut
The Hong Kong Stock Exchange now has its first two cryptocurrency funds.

CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior
The analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token.

Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio
The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares.
