Latest from Aoyon Ashraf
UK FCA Working on Blue Print for Fund Tokenization Due This Year
The U.K. financial regulator said earlier in the year it was speaking to firms and trade groups in relation to proposals on fund tokenization.

Stars Arena Recovered 90% of the Funds Lost to Hack After Bounty Paid
The social app on Avalanche was drained for $3 Million last week.

Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.

Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.

EU Markets Regulator Warns of DeFi’s ‘Serious Risks’
ESMA, responsible for rulemaking under the bloc’s landmark new crypto law MiCA, is worried about new forms of market manipulation when there’s no central counterparty

Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
Fabiano’s new company will work with bitcoin mining companies including Compass Mining and Giga Energy.

Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said

Valkyrie Gets Approval to Start Buying ETH Futures for Its Existing Bitcoin ETF
The fund's new strategy to combine ether and bitcoin will be effective formally on Oct. 3.

Ripple Cancels Plan to Buy Fortress Trust
"While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future," said Ripple CEO Brad Garlinghouse.

Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.
