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Latest from Jamie Crawley
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.
Digital Asset Platform Bakkt to Discontinue Consumer App After Two Years
Users will be able to manage their assets over the web after March 16.
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
It was reported on Sunday that the SEC also intended to sue Paxos for selling BUSD as an unregistered security.
PayPal Held $604M of Customers' Crypto as of Year-End 2022
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.
China Targets Blockchain Breakthroughs With Beijing Research Center: Report
The center will focus on blockchain use related to the economy and individuals' livelihoods in an attempt to make the technology central to China's digital infrastructure.
Microsoft Disbands Industrial Metaverse Project: Report
The 100 members of the team have been laid off, according to a person with direct knowledge of the matter.
Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper
Tether's assets as of Dec. 31 stood at $67 billion with liabilities of $66 billion, almost all of which relates to digital tokens issued.
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Capital.
Crypto Classification Seeks to Make Industry More Welcoming to TradFi Participants
Cryptocurrency is an incredibly broad and diverse field, with a huge array of wholly different assets, making the industry an intimidating one to enter.
Binance APAC Head Suggests Full Audit of the Crypto Exchange Isn't Happening Soon: Bloomberg
Finding an auditor for the whole balance sheet is difficult given the complexities of auditing crypto assets due to challenges like price volatility.
