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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
16.3.2023
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications...
Spain Prepares to Expand Offer of Gold Bullion Coins for Investors
14.3.2023
The government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch,...
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...
Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
7.3.2023
The decentralized autonomous organization behind the DAI coin previously purchased $500 million worth of notes and bonds
HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK
3.3.2023
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing...
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions
27.2.2023
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes,...
World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function
20.2.2023
PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which...
ARK Invest's Coinbase Purchase During Week of Feb 13-17 Totaled 133,321 Shares
20.2.2023
ARKK and ARKW bought shares in Coinbase Global Monday and Tuesday, with no activity, buy or sell, the rest of the week
Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase
15.2.2023
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating...
Digital Gold Traded for Digital Rubles by Russia’s Rosbank
9.2.2023
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking...
Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang
8.2.2023
The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies
Bobby Kotick Says UK Will Become 'Death Valley' If Microsoft Purchase Isn't Approved
8.2.2023
There are serious concerns being raised around the world over Microsoft’s planned $69 billion purchase of Activision Blizzard, with opposition coming not just from Xbox’s competitors but everyone from Google to Nvidia as well. You would think such a precarious situation would require some delicate...
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
1.2.2023
Investors can purchase the options to protect their funds on Binance, Coinbase and Kraken for a monthly fee and will receive full payment if the centralized exchanges file for bankruptcy locking up their crypto
Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply
30.1.2023
The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100%...
Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy
20.1.2023
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This...
Monex Mulls Purchase Of FTX's Japanese Subsidiary
17.1.2023
Monex Group, a financial services company based in Tokyo, has shown an interest in buying up the Japanese subsidiary of Sam Bankman-Fried’s defunct FTX crypto platform, according to Oki Matsumoto, the CEO of Monex....
Read More: Monex Mulls Purchase Of FTX's Japanese Subsidiary
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
14.1.2023
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of...
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager
12.1.2023
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets...
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
6.1.2023
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
6.1.2023
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud...