Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse

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Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse
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The Aragon project swapped $20 million worth of USDC and wrapped bitcoin for ether (ETH) to rebalance its treasury.

Buenos Aires-based Ripio received regulatory approval in Florida to start offering its service for institutional investors.Genesis Global Capital is being investigated by U.S. state securities regulators, Barron’s reported.

It’s part of a “wide-ranging inquiry into the interconnectedness of crypto firms, Genesis’ connection to retail investors, and whether it or other industry participants might have violated securities laws.” The publication cited Alabama as one of the states that is looking into […]

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