crypto
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Crypto wallet maker Ledger updates Connect Kit, saying a former employee "fell victim to a phishing attack" that let a hacker insert malicious code (Stacy Elliott/Decrypt)
Stacy Elliott / Decrypt: Crypto wallet maker Ledger updates Connect Kit, saying a former employee “fell victim to a phishing…
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Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade bitcoin and ether against USDC (Bloomberg)
Bloomberg: Coinbase rolls out spot crypto trading on its international exchange as part of a global expansion, letting investors trade…
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With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg)
David Pan / Bloomberg: With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded…
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House GOP plans a subcommittee dedicated to crypto oversight, to be chaired by Rep. French Hill, who led GOP efforts to explore a central bank digital currency (Politico)
Politico: House GOP plans a subcommittee dedicated to crypto oversight, to be chaired by Rep. French Hill, who led GOP…
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Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX implosion as reasons (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX…
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Analysis: in 2022, illicit crypto transaction volume rose to an all-time high of $20.1B, of which 44% came from activity associated with sanctioned entities (Chainalysis)
Chainalysis: Analysis: in 2022, illicit crypto transaction volume rose to an all-time high of $20.1B, of which 44% came from…
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The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to retail investors through a Gemini crypto lending program (Sarah Wynn/The Block)
Sarah Wynn / The Block: The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to…
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Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)
Nikou Asgari / Financial Times: Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture…
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Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes (Bloomberg)
Bloomberg: Bulgarian police say London-based crypto lender Nexo’s office in Sofia was raided on Thursday, seeking information on suspected money…
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A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M held by the Bahamas or "illiquid cryptocurrency tokens" (Nikhilesh De/CoinDesk)
Nikhilesh De / CoinDesk: A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M…
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