Crypto Assets

Auditors Say Binance Has Proper Bitcoin Reserves
Auditors Say Binance Has Proper Bitcoin Reserves
December 07, 2022  |  Cryptocurrency

Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. The auditing firm Mazars released the results of its look at Binance’s bitcoin reserve...

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Silvergate Capital Says It Conducted Due Diligence on FTX 
Silvergate Capital Says It Conducted Due Diligence on FTX 
December 06, 2022  |  Cryptocurrency

Silvergate Capital has released a public letter addressing its involvement with FTX and Alameda Research.  In the Monday (Dec. 5) letter submitted to the Securities and Exchange Commission...

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Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
November 30, 2022  |  Cryptocurrency

The head of the Senate Banking Committee is calling for tougher cryptocurrency regulation. In a letter published Wednesday (Nov. 30), U.S. Senator Sherrod Brown called...

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Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
November 28, 2022  |  Cryptocurrency

The industry-rattling turn of events surrounding FTX’s implosion has claimed another victim. Crypto lender BlockFi and eight affiliated debtors filed for Chapter 11 bankruptcy relief...

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Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
November 27, 2022  |  Cryptocurrency

Add Turkey to the list of countries investigating Sam Bankman-Fried — or SBF — founder of the failed cryptocurrency platform FTX. PYMNTS reported earlier this...

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Crypto Traders Pull Back Since FTX Collapse
Crypto Traders Pull Back Since FTX Collapse
November 21, 2022  |  Cryptocurrency

The collapse of FTX and about 130 of its affiliated companies has reportedly led crypto traders to turn cautious and has reduced liquidity across the...

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Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
November 14, 2022  |  Legal & Regulation

Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the...

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Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
November 14, 2022  |  Cryptocurrency

The aftershocks of the once-popular crypto exchange FTX’s recent and rapid demise last week continue to reverberate throughout the crypto and VC industries, rattling investor...

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Federal Court: Software Firm LBRY Violated Securities Laws
Federal Court: Software Firm LBRY Violated Securities Laws
November 07, 2022  |  Cryptocurrency

A federal judge has ruled that video sharing application provider LBRY violated the registration provisions of federal securities laws when it issued, offered and sold...

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