Business

Three Arrows Capital, CoinFLEX founders plot ‘crypto claims’ exchange
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17 January, 2023

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...
Philippines central bank pushes through with wholesale CBDC plans to improve payments
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17 January, 2023

Philippines central bank pushes through with wholesale CBDC plans to improve payments

Bangko Sentral ng Pilipinas said it will not be exploring the retail version of its central bank digital currency but...
Samsung’s investment arm keen on offering spot digital currency ETFs to Hong Kong investors
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17 January, 2023

Samsung’s investment arm keen on offering spot digital currency ETFs to Hong Kong investors

Sam Park, CEO of Samsung Asset Management in Hong Kong, expressed optimism that the city-state will soon give the green...
Jack Ma cedes control of Ant Group following a massive corporate restructuring
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17 January, 2023

Jack Ma cedes control of Ant Group following a massive corporate restructuring

Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights,...
Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact
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16 January, 2023

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,...
Bitconnect promoter ordered to pay $17M to 800 fraud victims
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16 January, 2023

Bitconnect promoter ordered to pay $17M to 800 fraud victims

The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
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