Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
Distributed Ledger: Why bitcoin is up 40% in January despite crypto industry carnage. Can the rally continue?
The latest Distributed Ledger columns from MarketWatch. A weekly look at the most important moves and news in crypto.
FTX Says Wall Street Heavyweights Are Among Its Creditors
(Bloomberg) -- Advisers to FTX say the collapsed crypto company owes a dizzying assortment of firms including Goldman Sachs Group Inc., JPMorgan Chase & Co. ...
Crypto-friendly Stripe weighs public offering: Report
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
Opinion: Barry Silbert keeps quiet as Genesis goes down in flames
Opinion: Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.
Coinbase was hit with a $3.6 million fine by the Dutch central bank for failure to properly register in the country
Coinbase refuted the claims, adding that the crypto company is "carefully considering the objections and appeals process" for the fine.
Coinbase’s $3.6M Dutch Fine Shows Crypto Will Hit Road Bumps as It Goes Mainstream
As crypto comes within the regulatory fold, there will be disputes over rules, procedures and jurisdiction – and the relatively compliant may end up bearing the brunt of regulators’ wrath.
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
Seeking to locate allegedly misappropriated funds, the lawyers from the bankrupt crypto exchange have gotten some answers from the founder's father.
Stablecoin Regulation Is First on New Subcommittee’s To-Do List, Says Chairman
Rep. French Hill said the digital assets subcommittee plans to use its stablecoins draft as a model for how it will approach digital asset regulation moving forward.
Hollywood in Web3: StoryCo Raises $6M to Decentralize Storytelling
The platform just released its first story universe, a token-gated experience that encourages community members to build out its narrative while decentralizing IP.
