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Latest from Sheldon Reback
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
The majority of loans were issued to institutional market makers following U.S. approval of spot bitcoin exchange-traded funds.

Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ
A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Key Bitcoin Indicator Points to Period of Calm in Crypto Market
BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.

Japanese Crypto Exchange Coincheck Sees Nasdaq Listing Completion in Second, Third Quarters
Coincheck said the timing is subject to approval by Thunder Bridger IV's stockholders, the SEC and Nasdaq.

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
The New York Innovation Center of the Federal Reserve Bank of New York will act as a technical observer.

Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
The committee was established by the Commodity Futures Trading Supervisory Agency, known as Bappebti, because crypto is considered a commodity in Indonesia.

Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.

First Mover Americas: Bitcoin Settles Into $63K-$64K Range
The latest price moves in crypto markets in context for May 7, 2024.

QCP Receives In-Principal Approval From Abu Dhabi Regulator
The digital assets trading firm said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures.
