FTX Investors File Lawsuit Against Sequoia Capital and Others
Some venture capital and private equity firms have recently been sued to establish legitimacy for bankrupt crypto exchange FTX.
Circle Files Complaint with NYDFS Regarding BUSD
Circle filed last year a complaint with the NYDFS regarding the quality of Binance USD stablecoin reserve management.
Judge Suspends Two Civil Lawsuits Against Sam Bankman-Fried
The court has suspended two civil lawsuits by regulators against FTX founder Sam Bankman-Fried.
Hut 8’s BTC Reserves Increase to 9,274 BTC
Canadian mining company Hut 8 Mining mined 188 BTC last month and brought the volume of its reserves in BTC to 9,274 BTC.
Crypto Funds Record First Outflow of Funds in a Month
The outflow of funds from cryptocurrency investment products from February 4 to 10 amounted to $7 million.
DBS Bank Will Offer Crypto Services in Hong Kong
DBS Bank has said it plans to apply for a license to provide cryptocurrency services to Hong Kong clients.
PayPal Stops Working on its Stablecoin
US payments company PayPal has stopped the development of its own stablecoin.
