Latest from Oliver Knight
Andreessen Horowitz Says Crypto Can Shift Power Away From Big Internet Companies: Report
Months after it established a $4.5 billion crypto fund, the venture capital firm also said it sees the crypto market slump as an investment opportunity.

Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
Hodlonaut, who is set to appear in a Norwegian court next month, has already raised 52.679 bitcoin and $30,000 in donations.

Wall Street Giant DTCC Launches Private Blockchain in Big Crypto-Milestone for TradFi
Project Ion is now processing an average of over 100,000 equity transactions a day using distributed ledger technology.

HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD team explained that the de-peg was caused by a market maker account that was closed, causing liquidity issues.

New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.

Crypto Stocks Retreat on Bitcoin's Dip as Macroeconomic Concerns Linger
Cryptocurrency mining equities were among the worst-hit in Friday's trading session.

Cash-Backed HUSD Stablecoin Loses Peg, Drops to 92 Cents
The stablecoin is trading as low as 89 cents against USDC on Curve Finance.

Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
Nexo was locked out of a BitMEX account connected to its former director, resulting in $7.9 million in losses.

Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim.

UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
