Crypto News
Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report
Fairshake, a super political action committee (PAC), has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported.Source link
Cryptocurrency Exchange Bitget Eyes Latam Expansion
Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving beginner investors with tools like its copy-trading feature. Bitget Aims to Gain TractionSource link
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.Source link
Coinbase CEO: Every Institution Is Now Starting to Hold Crypto
Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways, such as “holding it on their balance sheet, paying their vendors, doing payroll.”Source link
Behind MDC Walls — Independent Reporter Captures Photo of Sam Bankman-Fried’s New Reality
This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency magnate alongside five other detainees within the confines of the Metropolitan Detention Center (MDC) in Brooklyn. First Look: SBF BehindSource link