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Latest from Nikhilesh De
Bitfinex Shareholder Provides More Details About Potential $1 Billion Token Sale
Bitfinex shareholder Zhao Dong has detailed the timing and features of the exchange's potential $1 billion token sale.

CFTC Chair: 'Explosion of Interest' in Crypto May Spawn New Clearinghouses
CFTC Chairman Giancarlo expects new firms to apply to become federally-regulated clearinghouses so they can offer crypto futures.

Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.

ErisX Launches Crypto Spot Market on Heels of New $20 Million Raise
Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market.

SEC Temporarily Suspends Trading in Little-Known Bitcoin Miner's Shares
The SEC has temporarily suspended trading in shares Bitcoin Generation, a little-known crypto exchange and miner.

Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage
Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.

Bitfinex Needs ‘A Few Weeks’ to Unfreeze Funds, CFO Tells Shareholder
A Bitfinex shareholder says its CFO told him the exchange needs 'a few weeks' to recover the funds at issue in the New York Attorney General probe.

$10 Million in Paxos Stablecoins Printed Overnight Following Tether Allegations
More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether.

Circle's SeedInvest Takes Step Toward Tokenizing Stocks With Trading License
SeedInvest, the equity crowdfunding platform owned by crypto startup Circle, just got a license to facilitate trading of traditional securities.

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege
New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.
