KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US


Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws. The post KuCoin Sees Over $1 Billion Outflows After Money Laundering...

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms


Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews

House Republicans Demand SEC Clarify Its Position Regarding Prometheum


House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security. The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews

Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today


Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI. The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews

Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights


Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance...

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