Kraken launches Krak, a payments app that lets users send funds P2P across 110 countries using 300+ assets, including crypto, stablecoins, and fiat currencies
Ian Allison / CoinDesk :
Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the US SEC approved 11 ETFs and BTC's price tumbling since
Ian Allison / CoinDesk :
DCG reports $719M in revenue and a $1.1B loss in 2022 as the conglomerate faced plunging crypto prices and the restructuring of its Genesis lending platform
Ian Allison / CoinDesk :
A financial document details some ties between Sam Bankman-Fried's FTX and Alameda Research; Alameda's biggest asset is $3.66B of unlocked FTT, an FTX token
Ian Allison / CoinDesk :
Sources: Binance and FTX are among 22+ investors that indicated their interest to buy Voyager Digital's assets; source: Coinbase evaluated a deal but withdrew
Ian Allison / CoinDesk :
In a shareholder letter, CEO Peter Smith says Blockchain.com could lose ~$270M in loans to Three Arrows Capital, but that the exchange “remains liquid, solvent”
Ian Allison / CoinDesk :
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed
Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Issuers Speak Out as U...
Arianee, which provides NFTs tied to the provenance and ownership of luxury goods, raises a €20M Series A led by Tiger Global
Ian Allison / CoinDesk :
Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions
Ian Allison / CoinDesk :
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue
This summary highlights selected information that is presented … Jeff Kauflin / Forbes : Coinbase Cofounders And Investors Poised To Rake In Tens Of Billions From IPO Ian Allison / CoinDesk : Coinbase...