Archives for April 2019

The U.S. government has sued two individuals in connection with a scheme to provide “shadow banking” services to unregulated crypto exchanges. Author: Stan Higgins

Tether’s general counsel acknowledges that USDT is only 74% backed by cash and equivalents in a new affidavit. Author: Nikhilesh De

After bitcoin and ether, Nasdaq is now adding an index for the world’s third-largest cryptocurrency, XRP, to its global data service. Author: Yogita Khatri

Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation. Author: Anna Baydakova

Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage. Author: Nikhilesh De