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Report: FTX Co-CEO Ryan Salame in Plea Deal Talks; Private Jet May Be Forfeited
9.8.2023
A Bloomberg article, citing “people familiar with the case,” reveals that FTX’s co-CEO Ryan Salame is allegedly in talks with prosecutors, and a plea agreement could be forthcoming. Insiders also emphasize that Salame’s privately owned aircraft may be surrendered as part...
Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg
8.8.2023
It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried
Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg
8.8.2023
Bitstamp is one of the oldest crypto exchanges, founded in 2011
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
7.8.2023
The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust
ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock
3.8.2023
According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to “pressure from Blackrock and possibly Democrats,”...
Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
2.8.2023
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability
Larry Fink Got 'Orange-Pilled', Says Galaxy Digital's Mike Novogratz: Bloomberg
31.7.2023
Galaxy Digital CEO Mike Novogratz said Fink is "the most important thing that happened this year in bitcoin."
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
28.7.2023
The UAE-based firm is developing one of the region’s largest mining facilities
Metaverse Startup Futureverse Raises $54M Series A From 10T Holdings, Ripple Labs: Bloomberg
18.7.2023
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
18.7.2023
Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
11.7.2023
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas
Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming 'Boring': Bloomberg
7.7.2023
Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”
Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
6.7.2023
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings
Binance Australia’s Offices Searched by Financial Regulator: Bloomberg
5.7.2023
The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
30.6.2023
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
29.6.2023
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020
FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
27.6.2023
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
27.6.2023
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say