Thread
1) Crypto thread for Thursday Feb. 23.
Galaxy Digital invests $44 million to acquire institutional cryptocurrency custody platform GK8.
Galaxy Digital invests $44 million to acquire institutional cryptocurrency custody platform GK8.
2) NFTs belonging to the bankrupt hedge fund Three Arrows Capital (3AC) will be sold by its liquidators Teneo, according
to a recent announcement.
The announcement said that the sales will be commencing
28 days after Feb. 22, when the notice went out.
to a recent announcement.
The announcement said that the sales will be commencing
28 days after Feb. 22, when the notice went out.
3) Rep. Maxine Waters says crypto market crash & bankruptcies gave US lawmakers an opportunity of “getting accountability” in the space through legislation.
4) No customer funds or information were impacted, according to the company.
Coinbase’s engineering team believes the attack is associated with a sophisticated phishing campaign.
Coinbase’s engineering team believes the attack is associated with a sophisticated phishing campaign.
5) Tencent is launching new Web 3.0 solutions including a Metaverse-in-a-Box product and blockchain API services.
6) Regarding New Zealand….
7) The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger.
8) Fwiw…
9) German asset manager DZ Bank collaborated with Swiss tech firm Metaco to add digital asset management into its services.
10) Canadian Securities Administrators tightened registration requirements for crypto exchanges for second time, after the disorder seen in 2022.
11) In an objection to Voyager’s proposed restructuring plan,
FTC argued some involved parties-shouldn’t not be exempt
from certain financial claims in the future.
FTC argued some involved parties-shouldn’t not be exempt
from certain financial claims in the future.
12) 🚨
13) The crypto intelligence firm, which is led by Ryan Selkis, had closed a $35 million Series B fundraising round last year.
Crypto winter continues….
Crypto winter continues….
14) Fwiw ….
15) 👇🏾👇🏾
16) Alameda, FTX's trading arm, filed suit in Jan to recover claw back repayments made to the crypto lender-before its own BK filing.
17) Deal prospects look dimmer by the day….
18) Informative thread regarding $SBNY ……
19) 😲
20) 👇🏾👇🏾
21) Regulators coming under criticism….
22) FT:
JUST IN: SBF indictment says he made over 300 illegal political donations worth more than $10 million.
JUST IN: SBF indictment says he made over 300 illegal political donations worth more than $10 million.
23) Keys:
A) Sam Bankman-Fried hit with 4 new criminal charges in a superseding indictment in New York federal court;
B) The new charging document lays out in greater detail SBF’s allegedly fradulent conduct re: FTX & Alameda Research HF.
A) Sam Bankman-Fried hit with 4 new criminal charges in a superseding indictment in New York federal court;
B) The new charging document lays out in greater detail SBF’s allegedly fradulent conduct re: FTX & Alameda Research HF.
24) SBF gets pushed further, into the “House of Pain.”
25) Federal Reserve and other agencies issued a/o statement about crypto market vulnerabilities, as a threat to U.S. banking.
26) Follow up to point 4.
27) Phoenix Community Capital, which has links to 2 all-party parliamentary groups (APPGs), appears to have gone “poof.”
Some investors now fear they have lost 10s of 1000s of £s.
This raises the prospect of further questions being asked about the role of APPGs in Parliament.
Some investors now fear they have lost 10s of 1000s of £s.
This raises the prospect of further questions being asked about the role of APPGs in Parliament.
28) DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins.
29) According to FTX Japan — 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets.
30) The principles are broad and general, with the exception of the stand against crypto as legal tender.
Notably, the IMF has repeatedly expressed this pov to El Salvador.
Notably, the IMF has repeatedly expressed this pov to El Salvador.
31) Regarding $SQ …
32) Custodia Bank stoned again by the Federal Reserve.
33) Follow up to pt 25.
Today the main US banking regulators issued a joint statement about crypto-asset risks.
In particular - liquidity risks of holding deposits for crypto exchanges & stablecoin reserves.
The Fed, FDIC & OCC warn of potential rapid drawdowns in deposits.
Today the main US banking regulators issued a joint statement about crypto-asset risks.
In particular - liquidity risks of holding deposits for crypto exchanges & stablecoin reserves.
The Fed, FDIC & OCC warn of potential rapid drawdowns in deposits.
