Lifeboat Foundation’s donations are a blast from crypto past
The Lifeboat Foundation may no longer be a non-profit, but a review of the 'donations' to the firm highlight prominent crypto individuals.
Bennett Tomlin
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— Gold, Stablecoins
Tether’s new asset currently backed by 0kg of gold
Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.
Federal Reserve issues enforcement action against Evolve Bank
The Federal Reserve found that Evolve engaged in unsafe and unsound banking practices surrounding some of its fintech partnerships.
TrueUSD bank FlowBank forced into bankruptcy
FINMA claims that FlowBank "no longer has sufficient capital for its operations as a bank" and says it's worried the bank is "over-indebted."
Tether teases new assets as old ones are forgotten
Several versions of Tether tied to assets like the Euro, Offshore Yuan, and the Mexican Peso, look to have been completely sidelined.
FTX debtors want to investigate balance sheet holes at FTX US
FTX debtors hope to start a second phase of their investigation, this time focusing more on the hole in the balance sheet at FTX US.
How a money launderer allegedly used Deltec, Binance, and Tether
Daren Li was indicted for conspiracy to commit money laundering and a review reveals his counterparties, including Binance, FTX, and Kraken.
Hampton Hotel flops on Bitfinex Securities
The Hampton Hotel project that's been fundraising on Bitfinex Securities has so far raised only a fraction of its $6.25M target.
Trump considers Elon Musk for crypto post despite ‘never talking crypto’
It's been reported that Elon Musk has been advising Donald Trump on issues related to crypto and is being considered for an advisory role.
Ryan Salame gets longer prison sentence than CZ
Ryan Salame has been sentenced to 90 months in prison, vastly more than Changpeng Zhao and vastly less than Sam Bankman-Fried.