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Sparrow Raises USD 3.5 Mil in Series a Funding


23 June 2020, Singapore – Sparrow, the leading options trading platform has secured USD 3.5 million in Series A funding to accelerate platform development. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC. Kenneth...

Institutional Investors Set for Herd-like Move to BTC, Says Kraken CEO


More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV. He also opined that bitcoin is already a store of value, and will soon...

Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch


A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will...

Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data


A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles...

Watch Q3 and Millennials Before Next Major Bitcoin Move – BitMEX CEO


As bitcoin (BTC) is continuing to struggle with breaking through the USD 10,000 level, a large move “in either direction” is more likely in the second half of the year, according to Arthur Hayes, CEO of crypto derivatives exchange BitMEX. Which way it'll go depends also on millennials' decision...

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