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MtGox set to distribute $500 million in assets to creditors by October 2024


MtGox is on the way to deliver 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH), along with 69 billion yen, to creditors by October 31, 2024.  For some time now, the company has put investors in an absolute quandary regarding its actual status. The company was officially established in 2010...

Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline


Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow Report shows huge outflows across Bitcoin (BTC) and multiple altcoins with...

Blackrock’s Spot Bitcoin ETF Now Holds 11,439 BTC


Blackrock’s spot bitcoin exchange-traded fund (ETF) has acquired 11,439 bitcoin, with a market value of nearly $500 million, within two days of trading on the Nasdaq stock exchange. Blackrock’s Ishares Bitcoin Trust was among the 11 spot bitcoin ETFs approved by the U.S. Securities...

Venture Capital Crypto Fund C1 Eyes Australia for Bargains: Report


Source: Adobe / Sutthiphong Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review. C1 is a $500 million fund managed by investors based in Silicon Valley and the United Arab...

Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets


Dec. 8th, Panama,Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...

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