Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees
In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were out of a job.
Steven Stradbrooke
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Articles By Steven Stradbrooke:
Roger Ver sued for reneging on $21M debt to Genesis trading group
GGC International Ltd filed a summons with the New York State Supreme Court, giving Roger Ver 20 days to answer the complaint filed against him for failing to honor his financial obligations.
Binance’s wings clipped by Signature Bank, insider trading
Binance issued a statement explaining that Signature Bank advised that they will no longer "process SWIFT fiat (USD) transactions for individuals of less than 100,000 USD as of February 1st, 2023."
Sam Bankman-Fried loses fight over FTX lawyers, dodges home invasion
The U.S. bankruptcy court in Delaware held a hearing into the bankruptcy of FTX, Alameda Research and the countless other appendages of the once mighty crypto empire of Sam Bankman-Fried.
CoinDesk sale rumors offer hope for truthful Bitcoin coverage
While Digital Currency Group shareholders were bracing for impact, Wall Street Journal revealed that DCG’s wholly-owned CoinDesk subsidiary was exploring a possible sale.
Digital Currency Group halts dividends as Genesis preps bankruptcy filing
Genesis Global is on the brink of filing for bankruptcy this week after being caught off guard by the 3AC collapse last year, but sources said talks are ongoing and plans could change.
US authorities dismantle ransomware-friendly Bitzlato exchange, arrest co-founder
The DoJ’s complaint against Anatoly Legkodymov, a senior executive and major shareholder of Bitzlato, notes that it was founded in 2016 and has processed nearly $4.6B in transactions since May 2018.
Silvergate Capital loses $1 billion, Signature Bank’s Binance ties exposed
Silvergate cites the industry's "transformational shift" as the reason behind its massive losses in Q4, while Signature Bank appears to be distancing itself from Binance.
Three Arrows Capital, CoinFLEX founders plot ‘crypto claims’ exchange
3AC's Kyle Davies and Su Zhu are teaming up with CoinFLEX co-founders for a $25-million “crypto claims market" GTX, but several key players doubt its authenticity.
Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact
Chainalysis says 2022’s estimates are further complicated by the year’s unprecedented carnage that followed the collapse of major crypto firms, such as Celsius, Three Arrows Capital (3AC), and FTX.
FTX’s Sam Bankman-Fried loves peanut butter, hates reality
Sam Bankman-Fried launched a Substack account and insisted that FTX's U.S.-facing exchange "remains fully solvent" and would "return all customers' funds."
Binance gets initial OK for Voyager deal, admits BUSD not always backed
Binance.US will assume control of $1 billion in digital assets frozen last July when Voyager filed for Chapter 11 protection.