US Senators Warn of Risks Linked to Crypto Custodians
Senator Cynthia Lummis and Representative Patrick McHenry have warned of rising risks to customer funds resulting from the collapse of a crypto custodian as SAB 121 is implemented by the SEC.News and articles about 'whales' — large investors in the cryptocurrency market.
US Senators Warn of Risks Linked to Crypto Custodians
Senator Cynthia Lummis and Representative Patrick McHenry have warned of rising risks to customer funds resulting from the collapse of a crypto custodian as SAB 121 is implemented by the SEC.
Greed and recklessness: why the FTX collapse is being likened to the 2008 crisis
ForkLog remembered what preceded the Wall Street collapse, how events unfolded in 2008 and 2022, and compared regulators' responses and the consequences for those directly involved.
Whale share of Ethereum’s supply reaches 39%
As of October 27, the share of the Ethereum circulating supply held by whales stands at 39%, and 11% in Bitcoin. Such data is provided by IntoTheBlock.
German DZ Bank to deploy cryptocurrencies in asset-management services
DZ Bank announced the integration of cryptocurrencies into asset-management services.
Galois Capital hedge fund closes after FTX collapse
The leadership of the cryptocurrency-focused hedge fund Galois Capital has decided to close the fund after events surrounding the FTX bitcoin exchange. The Financial Times reports.
Gensler flags breaches by custody providers.
Crypto custody providers are flagrantly breaching existing rules designed to protect clients, according to SEC Chair Gary Gensler.
Clearpool to launch institutional platform on Polygon
The crypto-lending protocol Clearpool chose Ethereum’s Layer 2 solution Polygon to launch a platform aimed at institutional investors.
Crypto funds post first outflow in four weeks
Outflows from cryptocurrency investment products from February 4 to 10 amounted to $7 million, compared with inflows of $23 million a week earlier. CoinShares analysts attributed these estimates.
Former Coinbase executive pleads guilty to insider-trading charges
Former Coinbase product manager Ishan Wahi pleaded guilty to two counts of insider trading, according to the U.S. Department of Justice.
Inflows into crypto products total $230 million since the start of the year
From January 28 to February 3, inflows into crypto investment products totaled $76 million. Positive momentum continued for the fourth week in a row, with inflows for the year to date reaching $230 million, according to CoinShares analysts.We use cookies to improve the quality of our service.
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