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Latest from Nikhilesh De
Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and ether hit $1,563 as crypto tumbled during the opening hours of East Asia's trading day.
Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.
SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.
Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
The projects will take part in the country’s central bank digital currency pilot, expected to wrap later this year.
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.
Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer
In the last week prosecutors have laid out new details and allegations against the FTX founder.
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
The plan will be discussed during a bankruptcy hearing on Thursday.
SEC, CFTC Charge FTX's Singh With Fraud Following Criminal Plea
Singh pleaded guilty to fraud and conspiracy charges filed by the Department of Justice earlier on Tuesday.
Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters
Singh joins fellow ex-FTX executives Caroline Ellison and Gary Wang in pleading guilty to charges. Founder Sam Bankman-Fried has pleaded not guilty to fraud and other charges and will face trial this fall.