Binance moved $400M from Binance.US account to firm tied to CZ: Report
A Binance.US spokesperson reportedly said only the exchange’s employees had access to its accounts, seemingly including any at Silvergate Bank. Go to Source Powered by WPeMatico
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Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1. Go to Source Powered by WPeMatico
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Elliptic’s analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar “characteristics of transactions” between the mixers. Go to Source Powered by WPeMatico
Coinbase CEO invites DC residents over for ice cream and crypto talk
Brian Armstrong said he had about an hour at the Dirksen Senate Office in Washington, D.C. to “chat about crypto” and enjoy low sugar food at the building’s snack bar. Go to Source Powered by WPeMatico
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL? Go to Source Powered by WPeMatico
Crypto mining firms Hut 8 and US Bitcoin plan merger
The merger, which will create the company ‘New Hut’, is still subject to court and regulatory approval by U.S. and Canadian authorities. Go to Source Powered by WPeMatico
Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
There had reportedly been a few deals for crypto commercials in this year’s Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs. Go to Source Powered by WPeMatico
Riot reports 17K miners offline due to Texas weather
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. Go to Source Powered by WPeMatico
Sam Bankman-Fried’s holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s. Go to Source Powered by WPeMatico
Kraken shuts down Abu Dhabi office: Report
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition. Go to Source Powered by WPeMatico
