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author

Article by Steven Stradbrooke

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,...
Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’
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16 August, 2023

Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’

After being forced into receivership, Prime Trust has filed for bankruptcy and seeks protection covering its parent company Prime Core...
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...
PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight
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10 August, 2023

PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight

PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can...
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...

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