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Latest from Sheldon Reback
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.
First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks
The latest price moves in crypto markets in context for Dec. 13, 2023.
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
ARK Invest Sells Coinbase Shares for Third Straight Day
The investment firm has sold the crypto exchange's stock on all but two trading days this month.
U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators
The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event.
Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
Q protocol allows developers to build organizational constitutions that are enforced by smart contracts and include off-chain avenues for resolving disputes the code can't deal with.
KuCoin to Pay $22M, Exit New York to Settle State Suit
The exchange will pay $5.3 million to the attorney general's office and refund New York customers $16.77 million.
First Mover Americas: Binance’s Waning Market Share
The latest price moves in crypto markets in context for Dec. 12, 2023.
FTX Disputes IRS's 'Alice in Wonderland' Tax Claim
The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing.
Cathie Wood's ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin.
