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Latest from Sam Reynolds
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now
Sam Bankman-Fried moved to dismiss most of the charges brought against him last month.
Crypto Payment Processor Banq Files for Bankruptcy
Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.
First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat
ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."
First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K
These are challenging times for the crypto market, but bitcoin is holding firm.
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.
