Latest from Michael Bellusci
CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public
The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming
The fund will own a mix of NFT collections, including CryptoPunks and Bored Ape Yacht Club.

CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
The exchange said last week it was halting withdrawals amid market declines and counterparty uncertainty.

Grayscale Lines Up Jane Street and Virtu as 'Authorized Participants' if GBTC Converts to ETF
The owner of the $13.5 billion Grayscale Bitcoin Trust awaits an imminent decision from the SEC on its spot Bitcoin ETF proposal.

Grayscale Remains ‘Unequivocally Committed’ to Converting GBTC to an ETF
A July 6 deadline for an SEC ruling on the Grayscale Bitcoin Trust conversion application looms.

With Bitwise and Grayscale Decisions Looming, Spot Bitcoin ETF Approval Hopes Are Running Low
Final deadlines for approval by the SEC for the two investment firms' applications are fast approaching.

European Crypto Exchange Bitpanda Cuts Staff by Hundreds
Bitpanda announced it is reducing its employee count to 730, down from about 1,000.

SkyBridge’s Scaramucci: Bitcoin Is ‘Technically Oversold’
The investment fund founder was philosophical about recent crypto debacles, including the collapse of the terraUSD stablecoin and luna token that supported it.

CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty
The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said.

Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
Cryptocurrency prices resumed their slump, hurting Coinbase and related equities.
