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Article by Steven Stradbrooke

Questions raised as Coinbase, Circle rejig USDC stablecoin relationship
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23 August, 2023

Questions raised as Coinbase, Circle rejig USDC stablecoin relationship

Circle assumes "direct accountability" for USDC following the dissolution of the Centre consortium as a stand-alone entity, with plans to...
BitGo raises $100 million, won’t say who’s paying this piper
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17 August, 2023

BitGo raises $100 million, won’t say who’s paying this piper

BitGo claims its relatively high valuation this year compared to the last is due to a jump in new clients,...
Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth
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15 August, 2023

Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth

The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked...
FTX’s Sam Bankman-Fried headed to jail for violating bail conditions
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12 August, 2023

FTX’s Sam Bankman-Fried headed to jail for violating bail conditions

The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his...
Sam Bankman-Fried mulls insanity defense as FTX’s Ryan Salame talks to feds
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10 August, 2023

Sam Bankman-Fried mulls insanity defense as FTX’s Ryan Salame talks to feds

As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be...
Coinbase losses increase as trading volume dries up and USDC shrinks
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7 August, 2023

Coinbase losses increase as trading volume dries up and USDC shrinks

Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period...

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