Latest from Nick Baker
NFT Video Startup Glass Falls to Crypto Bear Market
The startup’s founders say they’re ending active development after two years.
A New Crypto Scam Shows Perils of Elon Musk's Twitter
A purported $25 million giveaway of a token called GBTC – letters better associated with the $13 billion Grayscale Bitcoin Trust – is an obvious fake.
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the price tag was less than the $250 million it paid for custody firm Metaco in May.
Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place.
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.
FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.
Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
Ryan Salame was co-CEO of FTX Digital Markets and handled political donations for the crypto exchange.
Why Wealth Managers Are Choosing These Crypto Accounts
Separately managed accounts have seen explosive growth in TradFi, and there are benefits in crypto, too.
DeFi and Credit Risk
This potentially disruptive sector must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.
SEC Has 'No Grounds' to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
