Galaxy Digital Purchases Crypto Custodian GK8

Reading Time: < 1 minute Crypto bank Galaxy Digital has won an auction whose financial terms have not been disclosed to buy custodial platform GK8 from bankrupt Celsius Network.

Crypto Lending Platform Ledn Says it Was Involved in Transactions with Alameda Research

Reading Time: < 1 minute Mauricio Di Bartolomeo, co-founder of Canadian crypto lending platform Ledn, has said that the company was trading with Alameda Research.

Aave Freezes Lending Markets for 17 Tokens

Reading Time: < 1 minute DeFi protocol Aave has temporarily frozen lending markets for 17 tokens, citing asset-related risks.

South Korea Will Tighten Control Over Crypto-related Businesses

Reading Time: < 1 minute South Korea will adjust legislation to increase the effectiveness of control over crypto business.

Genesis May Not File for Bankruptcy

Reading Time: < 1 minute Crypto lender Genesis Global Capital has hired investment bank Moelis & Company to explore options, including bankruptcy.

Block.one and its CEO Purchase Stake in Silvergate Capital

Reading Time: < 1 minute EOS launcher Block.one and co-founder Brendan Blumer have just acquired 9.3% and 7.5% stakes in digital asset-friendly bank Silvergate Capital, respectively.

Dutch Court Leaves Tornado Cash Developer Under Arrest

Reading Time: < 1 minute A court in the Netherlands has left Aleksey Pertsev under arrest until February 20, 2023.

Coinbase: There Will Be a Long Crypto Winter Due FTX’s Collapse

Reading Time: < 1 minute The collapse of FTX has undermined investor confidence and could extend the crypto winter until the end of next year.

CoinGlass: Traders Withdraw 177,000 BTC from Exchanges in a Week

Reading Time: < 1 minute After Bitcoin fell to a two-year low, investors started withdrawing their assets from exchanges.