Newsletter Jan 27, 2023

Could Forex Be TradFi's First Official Foray Into DeFi?

The TradFi Forex model is incredible but aging, and we have a chance to fix the system by leveraging what DeFi is capable of doing best.

Amazon To Launch NFT Initiative That 'Could Make A Huge Splash' This Spring: Report

The tech giant is reportedly planning to launch a digital assets enterprise and is focusing on blockchain-based gaming and related NFT applications.

FTX Opposes New Bankruptcy Investigation As It Probes Bankman-Fried Connections

FTX has objected to a U.S. Department of Justice request for an independent investigation into the once-prominent crypto exchange's collapse, saying it is already conducting a wide-ranging probe that includes family members of FTX founder Sam Bankman-Fried.FTX said in a court filing in Wilmington,

U.S. Securities Regulator Probes Investment Advisers Over Crypto Custody -sources

The U.S. Securities and Exchange Commission is probing registered investment advisers over whether they are meeting rules around custody of client crypto assets, three sources with knowledge of the inquiry told Reuters.

FBI Infiltrates, Shuts Down 'Hive' Ransomware Gang

The FBI and Department of Justice announced the seizure of a website used by infamous ransomware group "Hive".

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