Singapore-based crypto trading platform Amber Group raised a $300M Series C led by Fenbushi Capital US, at less than its February valuation of $3B (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

David Yaffe-Bellany / New York Times:
A look at Gary Gensler’s plan to regulate most crypto as securities and questions over the SEC’s handling of FTX, which met the regulator before its implosion  —  Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.

Meg Shen / Reuters:
Foxconn’s Xingwei agrees to sell its entire stake in embattled Chinese chip conglomerate Tsinghua Unigroup for ~$771.79M  —  Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup.