Binance and FTX reportedly lead Voyager auction
    21 Sep 2022
    343 Views

    Crypto exchanges FTX and Binance are leading the auction for embattled crypto-lender Voyager, the Wall Street Journal reports. Sources said Binance leads slightly over FTX, with a bid of $50 million. The auction winner is set for an announcement at a Sept. 29 hearing. The auction for Voyager began last week in the law offices…

    Nasdaq reportedly to launch an institutional crypto custody service
    21 Sep 2022
    329 Views

    Equity exchange Nasdaq plans to become an institutional crypto custody service taking on established crypto players like Coinbase. This move is in line with its broader mission to be a crypto service provider rather than facilitate crypto trading. Nasdaq, which operates markets in the US and global equities, is not a newcomer to the crypto…

    Crypto market maker Wintermute hacked for $160 million
    21 Sep 2022
    343 Views

    Algorithmic market maker service Wintermute suffered a hack on Sept. 20, with a loss from the platform’s portfolio of around $160 million across 90 assets. Wintermute stated that it has no solvency concerns, calling the hacker to engage in a “whitehat” response. Evgeny Gaevoy, Wintermute founder and CEO, said on Twitter that “we’ve been hacked…