Filings: Block.One and its CEO Brendan Blumer buy a 7.5% and 9.3% stake, respectively, in crypto bank Silvergate Capital, making Blumer its largest shareholder (Nelson Wang/CoinDesk)

Gretchen Morgenson / NBC News:
A look at Silvergate, one of the few US banks that let customers move dollars onto crypto exchanges, now drawing congressional scrutiny following FTX’s collapse  —  Silvergate is one of the few U.S. banks that let customers move dollars onto crypto exchanges.  FTX and related firms, like Alameda Research, had 20 Silvergate accounts.

Kari McMahon / The Block:
A profile of FTX co-founder and CTO Gary Wang, who sources say doesn’t talk much, is hard to contact, and was one of the few with “root access” to the code base  —  – FTX’s billionaire co-founder Gary Wang has a limited online presence and has stayed out of the spotlight throughout the crypto exchange’s three-year history.

Sarah Perez / TechCrunch:
Court filings: Apple settled with FlickType developer Kosta Eleftheriou; the lawsuit alleged Apple rejected his Watch app and then approved rip-offs of the app  —  An app developer’s lawsuit over App Store rejections, scams and fraud has ended in a settlement agreement after court filings show …

Nelson Wang / CoinDesk:
Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected  —  The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

Amir Shevat / TechCrunch:
Former product head of Twitter’s developer platform details plans abandoned post-acquisition, like discovery tools and custom timelines, eroding developer trust  —  Twitter is where the world shares its opinions and aspirations; it’s where brands, celebrities, and politicians interact with people, live and in the open.

Tracy Wang / CoinDesk:
Current and former FTX and Alameda staffers say the Bahamian operation SBF ran with housemates is full of conflicts of interest, nepotism, and lack of oversight  —  “The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on condition of anonymity.