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Canadian Youth Arrested Over USD 36.4M Crypto Theft


A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person. Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...

Slow Start for Third Bitcoin ETF, Lower Costs Could Attract More Capital


The latest bitcoin (BTC) futures exchange-traded fund (ETF) to be launched in the US – the VanEck Bitcoin Strategy ETF (XBTF) – has had a slow start compared to its two earlier competitors, ProShares’ BITO and Valkyrie’s BTF. But lower costs and a stronger brand should attract more capital over...

CRO Rallies as Crypto.com Scores USD 700M Arena Deal


Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.  At 8:43 UTC, CRO was trading at USD 0.458...

NYC Real Estate to Record a Bitcoin-Exclusive Deal


Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries. The NYC property, located at 385 First Avenue in the upper...

Israel's AML Authority and Europol Zoom In On Crypto


Israel’s Money Laundering and Terror Financing Prohibition Authority (IMPA) has announced that new, tightened regulations will now apply to cryptoassets, fintechs, and various other financial products. The measures are designed to introduce more regulatory clarity and coherent standards, according...

Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'


The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment.... Read More: Overleveraged...

16% of Surveyed Americans are Crypto Investors, Traders, Users - Think Tank


Cryptocurrencies are rapidly gaining popularity among US adults, with 16% of respondents admitting they have invested, traded or used cryptocurrencies, according to a recent survey by nonpartisan think tank Pew Research Center.  In 2015, responding to an earlier survey by the center that...

This Is Why Bitwise Withdrew BTC Futures ETF


The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line. According to Bitwise’s chief investment...

Americký podnikatel utratil milion z covidové podpory za pokémony


Provozovatel zábavních služeb v americké Georgii Vinath Oudomsine zneužil státní dotaci na podporu podnikatelů ohrožených restriktivními opatřeními přijatými kvůli pandemii koronaviru. Většinu z takto získaných peněz totiž použil na nákup sběratelské karty pokémonů

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