New York Attorney General eyes ban of crypto purchases through retirement funds
New York Attorney General (NYAG) Letitia James has recommended prohibiting crypto investments in defined contribution plans and individual retirement accounts (IRAs).
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Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
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Coinbase CEO reaffirms exchange’s BTC holdings after CZ’s tweet
Coinbase CEO Brian Armstrong is reassuring users about the financial health of the Nasdaq-listed crypto exchange, following a tweet — since deleted — from CZ of Binance.
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Crypto mining firm Foundry to buy mining sites from embattled Compute North
Crypto mining firm Foundry Digital LLC plans to acquire two turnkey crypto mining facilities in the U.S. from troubled Compute North.
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New York State passes two-year moratorium on some crypto mining facilities
New York became the first U.S. state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, despite lobbying against the measure.
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Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg
Cathie Wood’s Ark Investment Management has bought over 1.3 million shares of Coinbase Global since the start of November, and 450,000 shares of Grayscale Bitcoin Trust (GBTC).
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Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name
Berkshire Hathaway, the investment conglomerate run by billionaire Warren Buffet, has issued a warning about a fake cryptocurrency website that uses the Berkshire Hathway name.
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US senators urge Fidelity to drop BTC retirement plan after FTX collapse
U.S. Senators Elizabeth Warren, Dick Durbin and Tina Smith asked Fidelity Investments to rethink its decision to grant retirement plan exposure to Bitcoin.
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Coinbase Custody holds 635,000 BTC on behalf of Grayscale that refuses to share proof of reserves
Coinbase Custody Trust, the institutional investment arm of Coinbase Global, holds 635,000 BTC on behalf of Grayscale Bitcoin Trust, according to a note by Coinbase Custody CEO Aaron Schnarch. Digital investment firm Grayscale has also declined to share proof of reserves, citing security concerns.
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Man Group plans crypto hedge fund despite FTX, market turmoil: report
The world’s largest publicly traded hedge fund manager, Man Group Plc, plans to launch a cryptocurrency exclusive fund.