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GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows of $673M
1.3.2024
Grayscale’s spot Bitcoin exchange-traded fund (ETF) (GBTC) has seen a slow trading day experiencing net outflows of almost $600 million on Thursday, making this the second largest outflow day since 11th Jan 2024.
The post GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows...
FTX Affiliated Crypto Hedge Fund LedgerPrime Restarts Under New Name MNNC Group: Bloomberg
29.2.2024
LedgerPrime, a digital assets hedge fund once tied to disastrous crypto exchange FTX, will relaunch under a brand new name. News of the launch follows the announcement of fellow crypto hedge fund, Split Capital, created by a number of former LedgerPrime employees.
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Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31
29.2.2024
The Hong Kong Securities and Futures Commission closed its crypto exchange licensing portal on February 29th, setting a May 31st closure deadline for exchanges that haven't completed the process.
The post Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May...
Chamber of Digital Commerce Files Brief on Behalf of Kraken in Controversial SEC Case
29.2.2024
Crypto advocacy group the Chamber of Digital Commerce has thrown its support behind Kraken in its battle against the United States Securities and Exchange Commission (SEC), according to a February 27 court filing. The brief marks the latest stage in Kraken's legal saga with the federal agency...
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
29.2.2024
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country
Nigerian authorities detain two Binance execs in crypto crackdown
29.2.2024
Nigerian authorities have reasons to feel they are right in cracking down on the cryptocurrency business. The most recent incident involved detaining two Binance executives and taking their passports. It occurred when both executives flew to Nigeria following the country’s decision to...
SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On?
29.2.2024
The United States Securities and Exchange Commission (SEC) has flagged Terraform Labs $166 million in payments to Denton since 2023.
The post SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On? appeared first on Cryptonews
Gemini announces a successful resolution of the Earn dispute
29.2.2024
Gemini recently announced reaching a settlement in principle with Genesis and related creditors. The platform released an official post to share the information with Earn users. The short post read that Gemini has concluded the Genesis Bankruptcy dispute. If a Bankruptcy Court approves it, every...
LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024
29.2.2024
PRESS RELEASE. Road Town, BVI, February 29th, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of The Quantum Resistant Ledger (QRL) on March 1, 2024. Users of LBank...
Nigeria Detains Two Binance Execs Amid Exchange Probe
29.2.2024
Authorities in Nigeria have reportedly detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges.
The post Nigeria Detains Two Binance Execs Amid Exchange Probe appeared first on Cryptonews
A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
29.2.2024
In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of FTX. Bankman-Fried’s Defense Urges Judge to...
Morgan Stanley Considering Spot Bitcoin ETFs for Brokerage Platform: Report
29.2.2024
Morgan Stanley is considering adding spot Bitcoin exchange-traded funds (ETFs) to its brokerage platform and is currently in the process of conducting due diligence, according to a CoinDesk report citing two sources familiar with the matter.
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VanEck Launches NFT and Digital Assets Market SegMint
29.2.2024
Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S.
The post VanEck Launches NFT and Digital Assets Market SegMint appeared first on Cryptonews
Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys
28.2.2024
Crypto exchange Uphold has warned customers that fake emails from scammers posing as the company is trying to fleece users of the keys to their Bitcoin wallets.
The post Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys appeared first on Cryptonews
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
28.2.2024
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could...
CoinGecko API Expands On-Chain Data DEX Coverage to 2.2M Tokens Across 2.5M Liquidity Pools
28.2.2024
CoinGecko's new API provides real-time on-chain data for 2.2 million digital tokens across 2.5 million DeFi liquidity pools. The API covers 900 DEX platforms spread across 120 blockchain networks, including Uniswap, Curve Finance, Sushiswap, and Orca. Explore market data, crypto prices, and more...
Solana Veterans Raise $17M For 'Backpack' Crypto Wallet, Exchange
28.2.2024
Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation
Kraken introduces institutional business solutions
28.2.2024
A competitor, Kraken, has introduced institutional business solutions in response to the precipitous rise of Coinbase in the spot bitcoin ETF custody market. Considering the increasing preference for spot bitcoin ETFs over traditional financial institutions, this is, therefore, the case. Nearly...
Akash Network’s AKT rises 10% as Coinbase adds it to its roadmap
28.2.2024
Coinbase has announced that it is adding Akash Network to its roadmap. That signals the potential listing of AKT on the platform, enabling customers to trade the token in the market. It caused a surge of nearly 10% in the valuation. While AKT has retraced to a lower value, the community is ready...
Kraken Launches Institutional Services Division to Compete for Bitcoin ETF Market Share
28.2.2024
Kraken has unveiled a new division dedicated to providing services to institutional clients as it seeks to gain a foothold in the Bitcoin exchange-traded fund (ETF) market.
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