Crypto
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.
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.
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.
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.
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.
