crypto
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Dutch crypto exchange Bitvavo, which uses DCG for its staking service, says it can't access ~$297M held at DCG and that DCG is "experiencing liquidity problems" (RT Watson/The Block)
RT Watson / The Block: Dutch crypto exchange Bitvavo, which uses DCG for its staking service, says it can’t access…
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Binance says Mazars, the auditing firm that worked on proof-of-reserves reports for Binance, Crypto.com, and others, has paused work for all crypto clients (Jamie Crawley/CoinDesk)
Jamie Crawley / CoinDesk: Binance says Mazars, the auditing firm that worked on proof-of-reserves reports for Binance, Crypto.com, and others,…
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Singapore-based crypto trading platform Amber Group raised a $300M Series C led by Fenbushi Capital US, at less than its February valuation of $3B (Hannah Miller/Bloomberg)
Hannah Miller / Bloomberg: Singapore-based crypto trading platform Amber Group raised a $300M Series C led by Fenbushi Capital US,…
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Memo: Changpeng Zhao tells Binance staff to expect a "bumpy" several months but the exchange "will survive any crypto winter", following massive withdrawals (Bloomberg)
Bloomberg: Memo: Changpeng Zhao tells Binance staff to expect a “bumpy” several months but the exchange “will survive any crypto…
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Binance CEO Changpeng Zhao acknowledges temporarily suspending accounts over "abnormal" altcoin trading, following a spat with a high-profile crypto trader (André Beganski/Decrypt)
André Beganski / Decrypt: Binance CEO Changpeng Zhao acknowledges temporarily suspending accounts over “abnormal” altcoin trading, following a spat with…
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Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in loans from Alameda, which were in part used to acquire and run the site (Sara Fischer/Axios)
Sara Fischer / Axios: Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in…
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Auditing firm Mazars says Crypto.com users' crypto assets are fully backed one-to-one, after vouching for a similar proof-of-reserves report from Binance (Nick Baker/CoinDesk)
Nick Baker / CoinDesk: Auditing firm Mazars says Crypto.com users’ crypto assets are fully backed one-to-one, after vouching for a…
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The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown (Cecilia D'Anastasio/Bloomberg)
Cecilia D’Anastasio / Bloomberg: The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship…
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Singapore-based Amber Group, one of Asia's largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship (Hannah Miller/Bloomberg)
Hannah Miller / Bloomberg: Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail…
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