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Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
A feasible deal could involve a large minority partner or a buy-out like structure led by more strategic partners, Bernstein said.

FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee
The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."

FTX Revival Proposal Supported by Sam Bankman-Fried Lifts FTT Token
Sam Bankman-Fried came out in support of crypto influencer Ran Neuner's FTX revival idea, sending the exchange's battered FTT tokens higher.

Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s.

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layof...
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, accordi...

UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub.

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC
Coinbase highlights questions about Tether reserves in campaign to get users over to USDC.

First Mover Asia: Tokocrypto Token Holders Benefit From Reports of Binance Acqui...
A Tokocrypto spokesperson would not confirm the deal, which has been widely reported by regional media. Binance is a Tokocrypto investor; bi...

Starbucks Launches Beta of Web3 'Odyssey' Loyalty Program
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Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Wo...
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Ma...

Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community...
Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network.

SEC Tells US-Listed Companies They’d Better Disclose Crypto Damage
The U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in t...

Former White House Adviser: Biden's Executive Order on Crypto Is 'Balanced' but...
Carole House, co-author of President Biden’s executive order on crypto, discusses why the framework is “balanced” in mitigating risks but st...

US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact
U.S. Senators Ed Markey and Jeff Merkley and Rep. Jared Huff introduced a bill Thursday that would, if passed, direct the Environmental Prot...

Most Underreported Trend in 2022: Crypto Is Embracing Mobile
You can have your metaverse and VR headsets, writes Boyd Cohen in this op-ed. In 10 years he predicts the masses will still be in the real w...

Did Sam Bankman-Fried Finally Admit the Obvious?

US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acti...

NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire
Chris Akhavan will take on the new role of Chief Gaming Officer to build the marketplace’s Web3 gaming strategy following its expansion to t...

Grayscale Bitcoin Trust Discount Widens to Record High Near 50%
The shares have not traded at a premium to bitcoin since March 2021

Some Central Banks Are Looking to Issue a CBDC Within 10 Years: OMFIF
Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto and none were less inclined a report by t...

Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
Edvard Sabirov's arrest leaves just one of the four known leaders of Finiko at large.

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