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Latest from Sebastian Sinclair
BlockFi Taps Defense Department, Microsoft Alum as Security Chief
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.

Fireblocks Adds Crypto-Tracing Tool to Guard Against Money Laundering
Fireblocks has teamed up with Chainalysis to help flag high-risk transactions passing through its platform.

BitPay Launches Prepaid Crypto Mastercard for US Customers
The new debit card enables U.S. customers to spend their crypto holdings as fiat currency.

Encrypted Messaging Site Privnote Cloned to Steal Bitcoin
The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals.

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors.

Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud
The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash.

Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar
Xapo is making changes as it transforms into a digital bank launching later this year.

Seed CX to Close Exchange, Focus on Settlements in Company Shift
Crypto derivatives platform Seed CX will be axing its exchange arm to focus solely on settlements, while also teasing additional funding from Bain Capital.

Three Arrows Capital Now Holds More Than 6% of Grayscale's $3.6B Bitcoin Trust
Three Arrows Capital now holds about 6.26% of the shares in the Grayscale Bitcoin Trust, or more than 20,000 bitcoins' worth.

Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies.
