Crypto


Opinion

Let’s Actually Commit to Proofs of Reserve This Time, OK?

Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.

The collapse of crypto exchange FTX under Sam Bankman-Fried raises the issue of proofs of reserve. (CoinDesk)

Finance

Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX

In an announcement to shareholders on Monday, New Huo Technology Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets.

Hong Kong, China Cityscape (Unsplash)

Finance

Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis

Genesis reported earlier that its derivatives business has about $175 million in locked funds in its FTX trading account.

Barry Silbert. CEO y fundador de Digital Currency Group.

Finance

JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

JPMorgan strategists said bitcoin's production cost could be an indicator of the market bottom.

(Shutterstock)

Policy

UK’s Crypto Future Is Bright No Matter Who’s in Charge, Lawmaker Says

Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.

U.K. member of Parliament Lisa Cameron (Camomile Shumba/CoinDesk)