Elizabeth Howcroft
Stories by Elizabeth Howcroft
US crypto firms look to open Swiss bank accounts after collapse of Signature Bank, Silvergate Capital
Switzerland-based Arab Bank said it saw an increase in US firms seeking to open accounts.
US SEC may take action against Binance stablecoin backer Paxos
SEC has told the company that it should have registered the product as a security.
BlackRock, M&G defer withdrawals from UK property funds
BlackRock will defer Q3 redemptions from its 3.5b pound BlackRock UK Property Fund.
Corporate filings show that Binance.com’s books are a black box: investigation
The exchange said it dealt with net outflows of around $6b over 72 hours last week.
Binance withdrawals hit $1.9b in 24 hours, Nansen data says
The crypto exchange said it had "temporarily paused" withdrawals of the USDC stablecoin.
Bankman-Fried begged for funds from Sequoia, Apollo Global in FTX’s frantic final days
Sequoia was shocked at the amount of money ($7b) needed to save FTX.
Blockchain linked to Binance hit by $570m crypto hack
Some $2b in cryptocurrency has been stolen in 13 different bridge hacks, mostly this year.
Ethereum blockchain slashes energy use with major software upgrade
The new system will use 99.95% less energy, it claims
Sudden crypto drop sends bitcoin down 7.7% to three-week low
Ether also dropped around the same time and was last down 8.8% at $1,685.
Cryptocurrencies worth $190m stolen from US-based Nomad
Nomad had last week raised $22m from investors including major US exchange Coinbase Global.
