Former FTX chief lawyer claims US legal counsel channeled business to S&C
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel. A former FTX chief…
Crypto could solve venture capital’s due diligence problem — VC exec
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger. Venture capitalists battling…
China’s digital yuan gets smart contract functionality alongside new use cases
China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments. China’s Central Bank Digital Currency (CBDC) — the digital…
Opinion: Bots are a critical tool for retail investors
Bots help remove emotions from trading. Functions like these make them even more valuable for neophyte traders than for experts. The thing about the future, where robotic super traders battle…
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industrys most important developments. Samsungs new Bitcoin ETFOn Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South…
Nexo agrees to $45M settlement with SEC and states over earn product
The crypto lender didn’t admit or deny the findings from the SEC’s investigation despite agreeing to the settlement. Crypto lender Nexo Capital has agreed to pay $45 million in penalties…
FTX-linked Moonstone bank to exit the crypto space
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space. Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment…
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