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Billions in funds frozen as crypto manager Babel renegotiates loans

Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.

Ex Huobi manager accused of insider trading, netting millions in Tether

Chen Boliang is accused of accessing Huobi’s systems to fraudulently create a $20 million credit line with an account set up in his father’s name.

The FBI has warned LinkedIn users of a growing crypto scam problem. Some have decided to take matters into their own hands.

Three Arrows was also one of the major investors in Grayscale Bitcoin Trust, last year disclosing ownership of more than 38 million shares.

One of the world’s largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.