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SBF borrowed $546M from Alameda to fund Robinhood share purchase

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An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi.

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Coin Market

Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

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BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3. 

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BlackRock's head of crypto doesn’t see Bitcoin as a ‘risk on’ asset

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Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets.

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Coin Market

MoneyGram admits ‘cybersecurity issue’ behind dayslong outage

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MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later.

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