Lastest Stories by Tim Fries

MicroStrategy Acquired 6,455 BTC for $150M: Filing
MicroStrategy reportedly has acquired 6,455 BTC for $150 million.
Tim Fries
Published:

First Republic Surges 33% in Premarket as SVB Deal Calms Investors
US bank stocks were up in premarket trading Monday after the First Citizens bank said it has agreed to buy deposits and loans of the collapsed Silicon Valley Bank.
Tim Fries
Published:

Yellen Calls Unscheduled FSOC Meeting Amid Banking Turmoil
The U.S. Treasury Department convened an unscheduled and closed meeting of the Financial Stability Oversight Council.
Tim Fries
Published:

BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court
BlockFi has received approval to sell a part of its self-mining equipment.
Tim Fries
Published:

Nasdaq Plans to Launch a Crypto Custody Platform This Year: Report
Nasdaq reportedly is seeking to launch its digital asset custody platform in the second quarter of this year.
Tim Fries
Published:

Ethereum's Next Upgrade Could Open the Floodgates for Institutions Staking
Ahead of Ethereum's Shapella upgrade poised to unlock ETH withdrawals, MetaMask is launching a marketplace for institutionalized staking.
Tim Fries
Published:

Binance's CEO Updated and Reassured Users on Twitter as Exchange Suffered Rare Outage
Binance CEO Changpeng Zhao provided live updates on an outage that forced the exchange to halt spot trading.
Tim Fries
Published:

79% of MakerDAO Members Vote to Keep Reserves in USDC
MakerDAO is set to keep Circle’s USD Coin as the primary reserve asset for DAI stablecoin, following a community vote.
Tim Fries
Published:

US Prosecutors Charge Do Kwon With Multiple Counts of Wire, Securities Fraud
Thursday brought a deluge of developments surrounding Terraform Labs’s founder Do Kwon.
Tim Fries
Published:

Block Responds to Hindenburg's Allegations, Will Explore Legal Action
Several hours after Hindenburg, a short seller and a research firm, issued a series of accusations against and revealed a short position against Block, Jack Dorsey’s company responded.
Tim Fries
Published:

Montenegrin Police Confirms Arrest of Do Kwon Along With Terra's CFO
Several hours after Montenegrin Minister of the Interior, Filip Adzic, tweeted that Terraform Labs’ founder Do Kwon was arrested in the country’s capital, the police issued an official...
Tim Fries
Published:

Xapo Is Now First Fully Licensed Bank to Offer USDC Withdrawals and Deposits
Xapo bank has announced it now offers USDC deposits and withdrawals to its customers with a 1:1 conversion rate with USD.
Tim Fries
Published:

Employee in Charge of Coineone's Crypto Listings Arrested for Taking $1.47M in Bribes
South Korean law enforcement officials reportedly arrested a former employee of the local crypto exchange Coinone for allegedly accepting bribes.
Tim Fries
Published:

SEC Sues Justin Sun, Cohort of Celebrities for Touting Crypto 'Securities'
The SEC has filed a complaint against Tron founder Justin Sun for offering unregistered securities.
Tim Fries
Published:

Hindenburg Research Accuses Jack Dorsey's Block of Fraud
Famous short-seller Hindenburg Research has hit out against Jack Dorsey-led fin-tech company Block accusing it of fraud.
Tim Fries
Published: