What advisors and clients need now from the digital assets space is a trusted partner, someone they can work with. Crypto exchanges will need to diversify their revenue streams to create more stability during crypto downturns, according to Suneet Muru, an analyst on the thematic intelligence team at...
Genesis’ crypto-lending unit has halted customer withdrawals temporarily in the wake of FTX’s collapse. The unit, which serves an institutional client base and had $2.8 billion in total active loans at the end of the third quarter, is exploring solutions, including finding a source of fresh liquidity. Genesis...
Sam Bankman-Fried's unconventional style is under the spotlight as bankruptcy professionals pore over the FTX collapse. Team Valhalla
European cryptocurrency exchange Bitstamp has gained approval to operate in Spain from the country's central bank. Team Valhalla
The combined market cap of the largest stablecoins reached a peak of $186 billion in May, before the Terra/LUNA collapse, the note said. That compares with less than $30 billion at the start of 2021 and about $5 billion a year before that. Since May, the stablecoin universe...
“Overall, banks’ interest in offering crypto-asset trading to their customers still seems, to me, to be limited,” Branson said in an interview posted on the ECB website, saying that blockchain technology needs to move from being merely “promising” to being “effective and scaleable.” Team Valhalla
In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry. Team Valhalla