3AC founders run into fresh trouble in Dubai over new exchange OPNX
Dubai’s digital asset regulator claimed it had sent two cease and desist notices to the exchange in February and an investor alert against it in April.
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Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried.
Transform Ventures launches holding company for blockchain with $100M AUM
Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone.
Crypto Biz: Coinbase has a lot at stake
Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine.
Three Arrows Capital creditors express frustration with bankruptcy process during call
3AC co-founder Kyle Davies announceed regular meetings with creditors, noting all involved parties are welcome to attend.
‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023
Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along…
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site.
$138B investment manager Man Group to launch crypto hedge fund: Report
Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that…
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on…