Tuesday, January 24, 2023

Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies have blocked them from going public in the US over the past year (Wall Street Journal)

Wall Street Journal:
Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies have blocked them from going public in the US over the past year  —  Companies including Circle Internet Financial and eToro have failed to secure the regulator's approval  —  Crypto's Crash Has Been Swift but Largely Self-Contained.



A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX (New York Times)

New York Times:
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX  —  After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital.



Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet  —  Binance Holdings Ltd., the world's largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens …



A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system (Jason Schreier/Bloomberg)

Jason Schreier / Bloomberg:
A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system  —  A manager at video game developer Blizzard Entertainment said he was ousted after refusing to give a low evaluation to an employee …



Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...