Crypto Trading and Strategies
Crypto exchange Huobi latest firm to slash staff: Reuters
Seychelles-based crypto exchange company Huobi plans to lay off about 20% of its staff, according to a Friday report from Reuters.
Dylan Butts
Contributor
Dylan Butts
Dylan Butts is a Forkast journalist based in Hong Kong. He has previously wrote for publications such as NBC and the South China Morning Post, covering a wide range of topics including business and technology. Dylan holds a bachelor's degree in economics from St. Lawrence University and a master's in journalism from the University of Hong Kong.
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Regulation
Sam Bankman-Fried pleads not guilty to fraud charges in FTX exchange collapse
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange that collapsed in November with billions of dollars in investor funds missing, pleaded not guilty to charges of fraud on Tuesday in New York.
Dylan Butts
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Regulation
‘Tis the season for crypto tax-loss harvesting: IRS, regulators remain silent on crypto tax loophole ahead of new year
The past year has been tumultuous for crypto investors, with a bear market wiping out over half of Bitcoin's market capitalization. However, with the end of the American tax year just days ahead, taxpayers could get some money back.
Dylan Butts
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Altcoins
A series of events: Crypto’s 2022 timeline
Cryptocurrencies had a turbulent 2022 to say the least. Blockchain technology made progress but that failed to offset the multiple bankruptcies and hacks that plagued the industry through the year.
Dylan Butts
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Altcoins
Second set of transactions from Alameda wallets likely liquidators: Nansen
FTX liquidators may be behind the latest transactions from Alameda Research wallets, but someone else may have sent the first set of cryptocurrencies to decentralized exchanges.
Dylan Butts
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Bitcoin News
Argo Blockchain shares soar after selling Texas mining facility to Galaxy Digital
Bitcoin miner Argo Blockchain PLC's stock price spiked by more than 100% during U.K. trading hours on Wednesday and to close 73.33% higher on the London Stock Exchange.
Dylan Butts
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Regulation
FTX founder Sam Bankman-Fried likely to enter plea deal: report
Sam Bankman-Fried is expected to enter a plea deal next week to fraud charges connected to the collapse of cryptocurrency FTX Reuters reported.
Dylan Butts
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Crypto Trading and Strategies
Sam Bankman-Fried used Alameda Research money to buy Robinhood shares
FTX founder Sam Bankman-Fried took funds from his trading firm, Alameda Research, to buy stock of trading app Robinhood, court documents revealed Tuesday.
Dylan Butts
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Crypto Trading and Strategies
Crypto addresses linked to Alameda Research have moved over US$100,000
Several wallets associated with Alameda Research, the trading arm bankrupt cryptocurrency exchange FTX.com, came to life on Wednesday, swapping various tokens.
Dylan Butts
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Regulation
Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S.
Bankman-Fried won an upgrade from his Bahamas prison cell after posting bail following his extradition to the U.S. on Wednesday, where he faces charges for what prosecutors called "fraud of epic proportions."
Dylan Butts
