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Nalezeno "FT Report": 5576

Bithumb Operator Wants At Least USD 430m For Its Stake In Exchange - Report


One of the biggest crypto exchanges might be sold as South Korean market-leader Bithumb is reportedly looking for a buyer. Per Herald Kyungjae, undisclosed investment banking sources have told the media outlet that Bithumb operator Bithumb Holdings is actively looking for a way out of the market....

EU to Launch Comprehensive Crypto Regulation by 2024: Report


The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency....

How a Spoof Turned Into a Media Hype About Bitcoin Cash


An anonymous Bitcoin Cash (BCH) supporter says he deliberately started a spoof which successfully baited local media to report on the coin. The trick, which involved the use of 100 Bitcoin Cash tip stickers, only cost a total of $1,100 yet it managed to get BCH featured by media outlets...

South Korean Police Seize Shares From Major Bithumb Shareholder


South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows...

Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

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