Alameda bought this obscure OTC desk to handle FTX banking
HiveEx, an over-the-counter trading desk, was purchased by Alameda Research in 2020 and then used to accept deposits for FTX.
Results for Crypto
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The crypto bromance of Binance’s CZ and Tron’s Justin Sun
Justin Sun and CZ control several Chinese crypto exchanges, and their close relationship has been mutually beneficial for years.
Russian billionaire latest crypto tycoon to die mysteriously
Vyacheslav Taran is just the latest in a long line of crypto developers and tycoons to have met their ends in suspicious circumstances.
More trouble for Grayscale as Ethereum trust plummets
The SEC continues to reject Grayscale’s crypto ETFs. Will Grayscale Ethereum Trust (ETHE) ever regain parity with the ETH it holds?
Tech CEO accused of stealing 400 BTC via fake Ethereum rival
Jawad Yaqub is also facing charges of fraudulent trading, theft, and converting criminal property through his firm Razormind.
Global crypto ATM transactions plummet in bear market
Crypto ATMs have seen a 30% drop in transactions since October last year, with the recent bear market wiping out a brief recovery.
Opinion: FTX fall stresses centralization vs decentralization debate
While decentralization is one of crypto's main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.
Crypto’s dislike for NYT peaks with SBF speaker deal
Crypto coverage by the NYT has long peeved the industry for getting it wrong. Now, censure is high as SBF confirms he'll attend its event.
Green bitcoin miner crashes, takes Aussie billionaire with it
Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.
Online bank SoFi struggles amid FTX-inspired crypto probe
The bank is also facing a drastic drop in revenue after the White House once again froze student loan payments.