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  1. On Monday, the payment processing startup Flexa announced the release of its new custodial crypto wallet SPEDN, which allows users to spend bitcoin, ethereum, bitcoin cash or GUSD at a variety ...

  2. In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

    Bitcoin Magazine via Yahoo FinanceMay 13 13:37 PM

    Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency ...

  3. Term Sheet -- Tuesday, May 14

    Fortune via Yahoo FinanceMay 14 13:58 PM

    But wait — there are people who are doing just fine. Early investors and the bankers who helped take the company public. Uber paid $106.2 million to a bevy of underwriters led by Morgan Stanley, according to SEC filings.

  4. The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality of the 16-month bear market, which came crashing down as soon as bitcoin ...

  5. Safra Bank to offer its traders deposit accounts backed by the Federal Deposit Insurance Corp. -- the same federal agency that protects bank customers up to $250,000 per financial institution ...

  6. From June 1, customers with 25–100 ETH balances in a BlockFi Interest Account (BIA) will see the interest rate drop from the current 6.2 percent annual percentage yield (APY) to 3.25 percent ...

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