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Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
4.6.2024
Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay...
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
3.6.2024
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
3.6.2024
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...
Dubai financial regulator updates crypto token rules for funds
3.6.2024
The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens
Be persistent with the SEC, says Franklin Templeton digital asset head
1.6.2024
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator
BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms
30.5.2024
Analysts suggest that spot Ethereum exchange-traded funds (ETFs) in the United States could potentially launch by late June.
The post BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms appeared first on Cryptonews
Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains
29.5.2024
As the Shiba Inu (SHIB) price pulls lower from earlier session highs, traders are shifting funds to a new Bitcoin ICO called 99Bitcoins (99BTC) as they chase 1,000% potential gains.
The post Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains appeared first on Cryptonews
Two BlackRock funds purchase shares in its IBIT spot Bitcoin ETFs
29.5.2024
According to the information that was made public by the SEC, two funds that are managed by BlackRock have acquired shares within the company’s spot bitcoin exchange-traded fund, which is known as IBIT. The two companies involved are big-time players in Wall Street, one being BlackRock...
ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors
29.5.2024
ZKasino has taken steps to address the allegations of a $33 million "rug pull" by initiating a 72-hour "2-step bridge back process" to return funds to investors.
The post ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors appeared first on Cryptonews
BlackRock adds own Bitcoin ETF to income and bond funds
29.5.2024
One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion
Pepe Holders Ditch for This Hot New Solana ICO, Chasing 1000% Gains
28.5.2024
An explosive ETF-fuelled rally by popular meme coin Pepe ($PEPE) appears to be rapidly losing momentum. Pepe blew up 46% over the last seven days in a rally partly driven by news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Pepe’s native...
Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor
28.5.2024
More than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds, MicroStrategy's Michael Saylor, noted.
The post Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor appeared first on Cryptonews
Bernstein Predicts Crypto Arms Race Among Asset Managers
27.5.2024
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected...
Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge
27.5.2024
After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds.
The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews
Victim who lost $7M in Ethereum re-staking exploit gets funds back
27.5.2024
A permit phishing attack appears to have siphoned 1,807 liquid staked Ether from the victim's wallet address
New Trump Campaign Coin Goes Viral on Solana, Funds Shift to Dogeverse
27.5.2024
A new Trump campaign coin has surged today after listing on Uniswap, becoming the latest in a long line of Trump-related tokens to piggyback on publicity from this year's US election.
The post New Trump Campaign Coin Goes Viral on Solana, Funds Shift to Dogeverse appeared first on Cryptonews
Is It Too Late to Buy Jasmycoin? JASMY Price Soars as New AI Coin Raises $3 Million
27.5.2024
The price of decentralized data storage coin JasmyCoin ($JASMY) has pumped 13% in the last 24 hours and 32% in the last week on news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Jasmy’s native blockchain. Billed as “Japanese...
Ether price could hit $4.5K before ETH ETF: DeFiance Capital founder
27.5.2024
Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong
South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval
27.5.2024
The US Securities and Exchange Commission's approval of spot Ethereum ETFs last week has ignited pressure on South Korea's financial regulators to greenlight similar crypto exchange-traded funds.
The post South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval appeared first...
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
26.5.2024
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’...