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Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make up for negative market sentiment (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to…

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FTX US President Brett Harrison says he plans to step down in the coming months after joining in May 2021 and overseeing huge growth (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: FTX US President Brett Harrison says he plans to step down in the coming…

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Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a…

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FTX.US launches FTX Stocks, a zero-commission stock trading feature available through the FTX app, rolling out in the US over the coming months (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: FTX.US launches FTX Stocks, a zero-commission stock trading feature available through the FTX app,…

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Sources: Luna Foundation Guard aims to raise $1B+ to shore up UST stablecoin, now trading for ~$0.92; one deal being negotiated offers LUNA tokens at 50% off (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: Sources: Luna Foundation Guard aims to raise $1B+ to shore up UST stablecoin, now…

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Technology

Andreessen Horowitz launches a16z Crypto Research, focused on Web3 breakthroughs that can contribute to deployable code, to be led by academic Tim Roughgarden (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: Andreessen Horowitz launches a16z Crypto Research, focused on Web3 breakthroughs that can contribute to…

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