FTX's bankruptcy lawyers are negotiating to recover $400 million from an account at JPMorgan. The funds were used by Sam Bankman-Fried to invest in crypto hedge fund Modulo Capital last year.
U.S. Representatives Gus Bilirakis and Jan Schakowsky have penned a letter to Apple CEO Tim Cook expressing concerns about App Store's restrictive crypto policies.
Justin Sun has called out the brother of Huobi Global founder Li Lei for dumping HT that he received for free and driving down the token's price. The HT DAO plans to recover said HT tokens and burn them.
Crypto custodian BitGo has signed a term sheet to acquire rival crypto custody firm Prime Trust. The deal is subject to regulatory approval.
XRP has gained more than 28% over the past 24 hours thanks to a Notice of Supplemental Authority filed by Ripple. The letter highlighted a recent ruling related to crypto and securities, and is expected to strengthen Ripple's defense in the legal battle against the SEC.
Binance has announced an online learning program in association with Founderz Business School. Students will lean about the functioning of blockchain and the crypto industry.
FTX bankruptcy claims are selling for as low as 16 cents on the dollar in secondary markets. Distressed asset funds are projecting a recovery in five years.
Ethereum’s recent shift to PoS can attract additional industries to explore its staking domain Professionals are anticipating a big surge in institutional capital now that different institutions and industries are exploring the domain. Fidelity Investments’ digital asset wing could soon offer its institutional investors the ability to trade custody ether,...
A New Jersey bankruptcy Judge has ruled that BlockFi users who held funds in the crypto lender's custodial accounts can be repaid $300 million.
Summary: JP Morgan will no longer offer banking services to crypto exchange Gemini, CoinDesk reported citing sources familiar with the matter. The bank’s decision to cut ties with a crypto business is the latest in the so-called exodus of partnerships between crypto companies and their banking partners. Coinbase, another JP...
Sotheby's has auctioned off seven NFTs of the Grails Collection seized from Three Arrows Capital (3AC) last year. The defunct crypto hedge fund's NFTs raked in almost $2.5 million.
Arrington Capital led Fahrenheit LLC, which counts Coinbase and US Bitcoin Corp among its backers, has emerged as the top bidder for Celsius' assets.