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Latest from Ian Allison
Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans.
Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
The term sheet includes "an equitization of the 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
The new offering uses tech from Swiss MPC shop Metaco and the IBM Cloud.
Fireblocks Enlists Crypto Protection Firm Coincover for Third-Party Key Recovery Service
Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement.
ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.
EY and Polygon Ready Privacy-Focused Ethereum for Enterprise Release
The updated version of Nightfall, which uses zero-knowledge proofs to ensure data privacy, will go live at an EY innovation event in May this year.
Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday.
Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry's Cruel Winter Continues
The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector.
