Tag: Firm

Former CFTC Chair Giancarlo Leaves Law Firm to Focus on Crypto Advisory

J. Christopher Giancarlo, who chaired the Commodity Futures Trading Commission (CFTC) from 2017 to 2019 and earned the designation ‘CryptoDad’ for his broadly permissive posture toward digital asset innovation during that tenure, is departing Willkie Farr & Gallagher LLP – where he served as senior counsel and co-chair of the firm’s Digital Works practice since 2019 – to concentrate exclusively on advisory work for fintech and cryptocurrency firms. The departure marks his full exit from institutional law practice and a deliberate repositioning toward direct private-sector engagement with the digital asset…

Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm

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Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. Summary Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC. The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business. The Liberal Democrats sent a…

Digital Asset Firm Tok-Edge Hits $15 Million Valuation, Eyes $100 Million Target – Bitcoin News

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Key Takeaways: Tok-Edge secured a $15 million valuation and a $1.5 million seed round led by Marcus Meijer. The firm’s Redemption Token on Ethereum bridges TradFi assets with DeFi utility and liquidity. Tok-Edge plans a $100 million first close for its flagship fund later in 2026 to scale its model. Fundraising Goals Digital asset pioneer Tok-Edge has announced an ambitious roadmap to secure a $100 million first close for its flagship fund later in 2026. The firm, led by a team of traditional finance and crypto veterans, also confirmed it…

Iran War Cuts Local Hashrate but Global Bitcoin Network Holds Firm

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Iran’s hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index. Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at Luxor Technology, in a report published Monday. The country’s hashrate now sits at about 2 EH/s according to the Hashrate Index heatmap. Philpot noted that while the regional conflict clearly impacted Iran, it could have triggered a ripple effect…

Crypto Quantum Scare Is Real Says Top Trading Firm, But Here’s Where The Real Risk Is

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QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with far fewer quantum resources than previously assumed. Related Reading A Bigger Threat Beyond Crypto The crypto-quantum panic continues raging on, with multiple important voices from crypto and technology, such as former Binance CEO Changpeng Zhao (CZ), responding to the report in different ways. QCP’s article, written by Rachel Lee, establishes the firm’s opinion in a simple sentence: the quantum threat is more of…

Digital Asset Firm Coinshares Lists on Nasdaq After $1.2 Billion Vine Hill Combination – Crypto News Bitcoin News

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Coinshares Goes Public on Nasdaq Under CSHR The listing completes a business combination between Coinshares International Limited, special purpose acquisition company Vine Hill Capital Investment Corp. (Nasdaq: VCIC), and a newly formed holding company, Coinshares PLC, previously known as Odysseus Holdings Limited. Coinshares International Limited is now a wholly owned subsidiary of Coinshares PLC, which serves as the publicly listed parent company. The transaction was valued at approximately $1.2 billion pre-money equity value and was anchored by a $50 million institutional common equity commitment. Coinshares manages more than $6 billion…

Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm

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As of late March 2026, Ripple’s dollar-pegged stablecoin had 1.41 billion tokens in circulation, backed by roughly $1.57 billion in reserves — a surplus that points to a stablecoin holding more cash than it owes. Deloitte Steps In To Verify The Numbers The bigger validation came weeks earlier. On February 27, Deloitte — one of the world’s largest accounting firms — confirmed that RLUSD held $1.568 billion in reserves against 1.49 billion tokens. The Big 4 firm also checked an earlier snapshot from February 19, when the supply stood at…

Bitcoin Firm Nakamoto Sells $20M in Bitcoin at 40% Realized Loss

Nakamoto Holdings, the Bitcoin-native conglomerate founded by BTC Inc. CEO David Bailey, sold approximately $20 million worth of Bitcoin at a realized loss of roughly 40%,  a liquidation event that implies an average acquisition cost somewhere in the range of $33,000 per BTC against a sale price consistent with market levels at the time of execution. The transaction was not framed as a routine portfolio rebalancing; a 40% realized loss on a position of this size, for a firm whose entire strategic identity is built around BTC accumulation, signals a…

David Bailey’s Nasdaq-Listed Bitcoin Firm Nakamoto Sells 284 BTC Below Cost Basis – Crypto News Bitcoin News

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Nakamoto Inc. 10-K Reveals 40% Realized Loss on March 2026 BTC Sale The publicly traded Bitcoin treasury firm, which trades on Nasdaq under the ticker NAKA, disclosed details in its annual Form 10-K filing for the fiscal year ended Dec. 31, 2025. The company reported a weighted-average acquisition cost of approximately $118,171 per bitcoin, providing context for how its holdings have been positioned relative to prevailing market prices. Nakamoto said capital was directed toward establishing a U.S. dollar operating reserve. The firm cited several specific uses: integration expenses tied to…

US Bitcoin Firm Warns of Silent Basel Capital Shift

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Pierre Rochard, CEO of The Bitcoin Bond Company, warned US banking regulators that their sweeping Basel III capital rewrite leaves unresolved how Bitcoin-related activities should be treated, a gap he says could create legal risk and shape how much capital banks must hold against the asset. In a formal comment submitted March 29 to the US Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, Rochard said agencies cannot finalize rules that effectively determine capital treatment for Bitcoin (BTC)-related activities without clearly explaining…