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Latest from Ian Allison
Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
A16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture-capital giant, a person familiar with the plans said.

Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum
The platform offers another venue to trade digital assets.

Ethereum's Lifetime Energy Use Before the Merge Equaled Switzerland's for a Year
If Bitcoin’s energy consumption can be thought of as a skyscraper, Ethereum’s energy use post-Merge, would be the size of a raspberry, according to University of Cambridge research.

Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust
Joseph Seibert, formerly head of digital assets at Signature Bank, has brought over part of his risk and compliance team and a blockchain payments specialist.

Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code
Emin Gün Sirer, whose company developed the Avalanche (AVAX) layer-1 blockchain, addressed the annual Cornell Blockchain conference on New York City’s Roosevelt Island.

CFTC Adviser Chris Perkins Says U.S. Risks Falling Behind in Crypto
Perkins, who is also president of VC CoinFund, published a set of 10 regulatory principles that form the basis of his advocacy role with the CFTC.

Cubist Launches Bank-Grade Ethereum Key Management Service
The company also announced Web3 staking provider Ankr as its first key management customer.

Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

Next-Generation DeFi Platform M^ZERO Exits Stealth Mode With $22.5M Funding Round
The seed capital was led by Pantera Capital and included the Scaramucci-linked SALT Fund, and Mouro Capital, the venture capital operation connected to the Santander Group.

Swiss Government-Owned Bank PostFinance to Offer Customers Crypto
PostFinance will begin offering its 2.5 million customers access to buy, store and sell bitcoin and ether, thanks to a partnership with Switzerland’s Sygnum Bank.
